SUI has partnered with Paga to introduce tokenized real-world assets to millions of people in Africa. Paga, a leading Nigerian fintech company that processes approximately $1.5 billion in monthly transactions, will offer these investments starting at a minimum of $100 through the Sui blockchain. This partnership, announced on May 8, aims to provide access to investment products that were previously reserved for wealthier and better-connected markets.
The collaboration between Paga, the Sui Network, and TBook will enable African users to access tokenized real-world assets. The minimum investment threshold of $100 is intentionally set low to make these assets accessible to retail users, rather than just institutions. For a platform like Paga, which has a large existing user base, integrating blockchain-native investment products is a significant experiment in financial inclusion.
The partnership operates through TBook, which serves as the embedded liquidity layer, connecting institutional-grade tokenized yields to consumer-facing apps like Paga. This infrastructure allows Paga to offer these products natively within its existing platform, eliminating the need for African users to navigate DeFi protocols or manage wallets on their own. The integration covers three main areas: high-yield USD-denominated accounts, stablecoin-powered payment solutions, and improved cross-border transactions, all of which run on Sui’s Layer-1 blockchain.
Paga CEO Tayo Oviosu emphasized the importance of connecting African markets to the global economy, particularly in terms of stable currency access, given the volatility many African currencies experience against the dollar. TBook’s RWA liquidity layer also integrates with other fintech companies, such as Omnipay, suggesting a broader strategy of embedding tokenized assets across multiple distribution channels in emerging markets. TBook’s ecosystem is built around its native token, $BOOK, which has a total supply of 10 billion.
The decision to focus on Africa is driven by Paga’s own numbers, with the company having processed over $42 billion across 653 million transactions cumulatively. Oviosu highlighted these goals at Sui Live Miami 2026, where the partnership was a key topic of discussion regarding financial inclusion. The objective is to provide people in currency-unstable environments with access to tokenized assets denominated in dollars, simplify cross-border transactions, and offer these services through an app they already use and trust.
For Sui, this partnership represents a concrete use case beyond speculation and DeFi yield farming. Onboarding a fintech company with $1.5 billion in monthly transaction volume gives the network a distribution channel that most Layer-1s would struggle to replicate organically. However, there are also risk factors to consider, including regulatory environments across African nations, which vary significantly, and the potential hurdles that tokenized assets may face. Paga’s existing regulatory relationships provide some advantage, but the introduction of tokenized assets also introduces new complexities that regulators are still figuring out globally.
The success of this partnership will depend on actual user adoption, which will require education, trust, and attractive yields to justify the learning curve. The $100 minimum investment threshold suggests that Paga and TBook are serious about making tokenized real-world assets accessible to retail users. The conversion of existing Paga users to tokenized RWA investors will be crucial in determining the success of this initiative.
