Hamilton Labs has secured an investment from AXIAN Investment, the venture capital arm of AXIAN Group, for an undisclosed amount, to support the scaled deployment of Hamilton’s USDh, a permissionless stablecoin designed to bring sovereign yield opportunities onchain.
Hamilton Labs
This marks AXIAN’s second investment in stablecoin infrastructure, reflecting its continued interest in digital financial rails across emerging markets.
The investment will support Hamilton’s expansion through fintech platform integrations to serve African consumers and businesses seeking dollar-denominated savings tools.
“For millions of people in Africa, access to stable dollars and reliable savings tools remains limited,” said Mo Kasstawi, co-founder and CEO of Hamilton. “We believe programmable dollars like USDh can expand access to global financial infrastructure and help people protect and grow their savings regardless of where they live.”
Through its permissionless stablecoin USDh, pegged 1:1 to the dollar and fully redeemable, Hamilton connects emerging markets with sovereign yield opportunities historically reserved for institutional investors. These opportunities exist within a global sovereign debt market exceeding $100 trillion.
“We are happy to be bringing Hamilton into our portfolio as we believe in the digital asset currency. It remains a key lever to support financial inclusion in Africa and beyond. Our mission at AXIAN is to empower African markets through fintech solutions that are accessible, rewarding, and secure,” said Hassane Muhieddine, CEO of AXIAN’s Financial Services cluster.
AXIAN Investment has already supported 33 startups and participated in 38 investment funds, playing a significant role in promoting entrepreneurship and innovation across the African continent.
About Hamilton Labs
Hamilton Labs is building financial infrastructure that connects emerging markets to global dollar liquidity. Its flagship product, USDh, is a permissionless dollar-pegged stablecoin that provides onchain access to sovereign yield opportunities. By integrating with fintech platforms and regulated financial institutions, Hamilton enables programmable dollars that can be used for saving, payments, and settlement across borders. The company’s mission is to expand access to stable dollars and modern financial infrastructure for users in high-inflation and underbanked markets.
About AXIAN Group
AXIAN is a pan-African infrastructure and services group operating in 21 countries and specializing in five sectors with strong growth potential: energy, digibank & fintech, real estate, financial services and telecoms. With over 9,200 bold and passionate employees, AXIAN is a partner of the socio-economic transformation of the countries in which it operates, systematically ensuring the positive and sustainable impact of its activities on the daily lives of as many people as possible. As a member of the United Nations Global Compact Initiative, AXIAN Group is committed to integrating its 10 principles at the core of its current and future strategies.
Learn more about AXIAN: www.axian-group.com
