Token Mithrandir SAS and ADAEX Announce Strategic Alliance to Strengthen the Crypto–FIAT Ecosystem in Africa

Strategic Alliance

Mauritius: Token Mithrandir SAS announced the signing of a strategic commercial alliance with Zedeal Group, headquartered in the Republic of Mauritius.

This business group, among its various projects, develops the Cardano token exchange platform into FIAT currency in several African countries — including Uganda, Kenya, the Democratic Republic of Congo, and Mauritius, among others — under the name ADA Exchange. Through this initiative, both companies are jointly advancing the ADAEX project, a token-to-FIAT exchange platform operating in five African countries.

The agreement aims to facilitate interoperability between digital assets and traditional currencies, expanding access to innovative financial solutions in emerging markets and strengthening international liquidity channels.

ADAEX has established itself as a key platform for token-to-FIAT exchange across several African markets, providing fast and secure access for users seeking to integrate digital tools into the real economy. Meanwhile, Token Mithrandir SAS contributes its expertise in blockchain technology, tokenized ecosystem development, and international commercial expansion through the launch of its various brands, including:

• MITHRIL, a product aimed at bars and restaurants.
• TOKEN ACCIO on Cardano (tokenized shares exchanged with Token MITHR and Cardano’s ADA).
• And several other registered brands developed by Token Mithrandir SAS, which currently operates across six business areas.

Scope of the Alliance:

Through this collaboration, both companies will work on:

• Technological integration to facilitate token-to-FIAT conversions;
• Joint commercial expansion into new markets;
• Development of solutions focused on financial inclusion;
• Creation of new opportunities for commercial communities and end users, particularly in the various African nations where both companies already operate.

This alliance represents a strategic step toward promoting digital asset adoption in high-growth regions, building a solid bridge between the digital economy and traditional financial systems.

Institutional Statements:

Representatives from Token Mithrandir SAS highlighted that the alliance “marks a milestone in our internationalization strategy, allowing our technological developments to generate real impact in dynamic and expanding markets,” as stated by Dominique Gromez, Chief Marketing Officer (CMO) of the company.

For their part, ADAEX representatives emphasized that “the integration with Token Mithrandir SAS strengthens our vision of creating accessible, secure, and efficient financial infrastructure for millions of users across Africa.” This was stated by CEO Dan Baruka following a recent meeting held between the executives of both organizations.

About the Companies:

Token Mithrandir SAS is an Argentina-based company specializing in blockchain technology, asset tokenization, and the development of digital ecosystems.

ADAEX is a token-to-FIAT exchange platform operating in five African countries, designed to facilitate the transition between the digital economy and traditional financial systems. The platform is developed by Zedeal Group, a business group headquartered in Mauritius.

Through this agreement, both companies — which have been working across various blockchain platforms, including Cardano — formalize a highly relevant strategic alliance for the growth of their commercial and financial ecosystems.