On October 17th, African Blockchain Lab's cryptocurrency trading application VIBRA stopped operating in Nigeria in July of this year. Vincent Li, co-founder of African Blockchain Lab and founding partner of Web3 accelerator Adaverse, stated that the business is currently undergoing transformation but did not disclose any details. African Blockchain Lab completed a $6 million financing round in December 2021, with investors including Lateral Frontiers and Dragonfly Capital.
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Crypto trading app VIBRA stopped operating in Nigeria in July this year
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