Jump Capital has led the investment of $4.2 million into Busha, an Africa-based cryptocurrency exchange. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round.

Since 2019, Busha has been scaling its services across Nigeria, and the new funding will go toward deepening its market positioning across West Africa and other regions on the continent.

“Our immediate mission is to onboard the ne...