Africa Bitcoin Corp subsidiary secures R50m capital boost via CTSE listing

Key topics:ACOF secures R50m via new notes issued under its R5bn Domestic Medium Term Note Programme. Seven-year notes signal investor confidence despite the parent company’s crypto-focused rebrand. CTSE listing highlights ABC’s continued support for challenger exchanges and its hybrid TradFi–digital asset model. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.If you prefer WhatsApp for updates, sign up to the BizNews channel here..BizNews Reporter.Africa Bitcoin Corporation (ABC), formerly known as Altvest Capital, continues to aggressively expand its financial footprint. In a regulatory filing released today, the group announced that its wholly-owned subsidiary, Altvest Credit Opportunities Fund (ACOF), has successfully concluded agreements to raise R50 million in debt capital.The capital raise comes via the issuance of new notes under ACOF’s R5 billion Domestic Medium Term Note (DMTN) Programme.A vote of confidence in credit strategyWhile the parent company recently grabbed headlines with its pivot to a Bitcoin-centric branding strategy—changing its name from Altvest Capital to Africa Bitcoin Corporation earlier this year—this transaction highlights that its traditional financial engines remain active and vital.The R50 million private placement is a significant liquidity event for the group’s credit arm. The notes are scheduled for listing on the Cape Town Stock Exchange (CTSE) on Friday.Investors appear to have taken a long-term view on the company’s creditworthiness. According to the SENS announcement, the notes have a seven-year horizon, maturing on 1 December 2032. This long-dated paper suggests that despite the volatility often associated with the group’s crypto-aligned parent brand, institutional or private backers see stability in the underlying credit book managed by ACOF.The hybrid model: Traditional finance meets digital assetsThe transaction offers a fascinating look at ABC’s evolving hybrid business model.On the one hand, the parent company (ABC) is positioning itself as a proxy for digital asset adoption in Africa, with listings on the JSE, the Namibian Stock Exchange (NSX), the OTCQB in the United States, and Deutsche Börse in Frankfurt. The rebrand to "Africa Bitcoin Corporation" was a clear signal of its intent to capture global interest in the crypto asset class.On the other hand, the subsidiary ACOF operates in the "TradFi" (Traditional Finance) space. By utilising a DMTN programme to raise fiat currency (Rands) to deploy into credit opportunities, the group is maintaining a diversified revenue stream.The R5 billion total size of the DMTN programme suggests this R50 million tranche is likely the beginning. If ACOF can successfully service this debt and deploy the capital into high-yielding credit opportunities, it could return to the market for larger tranches in the future.The Cape Town Stock Exchange connectionThe Cape Town Stock Exchange (CTSE) listing reinforces the group’s history of supporting challenger exchanges. As Altvest, the company was a pioneer in utilising the CTSE to offer fractionalized ownership of private equity assets to smaller investors.By listing the debt notes on the CTSE rather than the JSE’s debt market, ACOF is likely benefiting from the newer exchange’s more agile listing requirements and lower cost structure, which appeals to mid-cap financial services players.Looking aheadFor shareholders of Africa Bitcoin Corp, this announcement serves as a reminder that, beneath the new crypto-focused veneer, the machinery of the original investment holding company continues to operate.The R50 million inflow gives the credit subsidiary fresh firepower to grow its loan book or invest in yield-generating assets. In the current high-interest-rate environment in late 2025, private credit funds have become increasingly attractive vehicles for generating returns.

Africa Bitcoin Corp subsidiary secures R50m capital boost via CTSE listing

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