Following the launch of Patricia Token (PTK) issued to customers by Patricia, a Nigerian cryptocurrency exchange, its CEO, Fejiro Hanu, has confirmed that customers now have the option to convert their owed funds into Patricia shares.
According to a statement from Hanu, this process forms an integral component of the firm’s strategy for fundraising and reorganizing its debts. In anticipation of the firm’s upcoming app relaunch and preparation for its fundraising initiative, it allows its users to transform their debt tokens into convertible notes at a favorable discount in Patricia.
This story originally appeared on Investing
