News & Events

In a significant move, SunCrypto, a leading Indian cryptocurrency exchange, has launched crypto futures trading with up to 75x leverage across more than 500 trading pairs. The platform now offers INR-based futures, eliminating the need for Indian traders to convert their local currency into stablecoins.

Recognising the growing importance of crypto derivatives, which now account for 60-70% of global crypto trading volume, SunCrypto is empowering Indian investors to capitalise on the high leverage and volatility of cryptocurrencies. By controlling larger positions with minimal capital, traders can amplify their returns and unlock new opportunities for wealth creation.

To incentivise adoption, SunCrypto is offering zero trading fees for the first month, further enhancing the profitability potential for Indian investors. The platform’s Futures Trading supports both INR and USDT pairs, with automatic USDT conversion at the time of trading, eliminating the need for manual conversions or P2P services. Suncrypto’s crypto futures trading platform is equipped with advanced risk management tools, including Stop Loss, Take Profit, Isolated Margin, and multiple order types. This feature set caters to both beginners and seasoned traders, providing an intuitive yet powerful platform for navigating the volatile crypto markets.

With this new offering, SunCrypto solidifies its position as a homegrown brand fueling India’s crypto vision. The platform’s roadmap includes the introduction of Cross Margin trading, social and copy trading features, and other innovative solutions to empower Indian investors in the rapidly evolving digital asset landscape.

Read the original article here: https://www.hindustantimes.com/genesis/suncrypto-launches-crypto-futures-trading-in-inr-0-fees-for-the-first-month-101749643091515.html

Bank One has announced the extension of a $5 million credit facility to the Eastern and Southern African Trade Fund (ESATF), a dedicated African trade finance vehicle managed by ESATAL Fund Management Company, a subsidiary of the Trade and Development Bank (TDB) Group. This facility aims to support ESATF’s expanding loan book and respond to the increasing demand for trade finance across Africa, one of the continent’s most dynamic and high-growth markets.

The partnership builds on a long-standing relationship between Bank One and the TDB Group, initially established through syndicated lending collaborations in support of TDB’s trade and development banking initiatives. Over the past few years, Bank One has participated in two syndicated debt raises alongside TDB, reinforcing their mutual commitment to inclusive and sustainable economic development in Africa.

This latest engagement marks a milestone in their collaboration, representing Bank One’s first direct lending transaction with ESATF. The move reflects Bank One’s confidence in ESATF as a robust, professionally managed trade finance fund with a diversified and de-risked portfolio, strategically aligned with the continent’s growing trade finance needs.

As of June 2025, ESATF manages $300 million in net assets and is backed by over 60 institutional investors, making it a leading platform for those looking to contribute to Africa’s trade finance ecosystem. The fund supports key sectors across the continent, with a strong emphasis on empowering SMEs, women-led enterprises, and smallholder farmers—critical drivers of inclusive economic growth. This partnership underlines the strategic role of blended finance and cross-border cooperation in unlocking capital for trade development and underscores both institutions’ commitment to fostering economic resilience and opportunity throughout Africa.

Read the original article here: https://www.africa-newsroom.com/press/bank-one-extends-a-facility-to-the-esatf-trade-fund-to-support-regional-trade-finance-in-africa?lang=en