Polymath, a provider of institutional-grade digital asset infrastructure, is working with Africa123, a pan-African land and infrastructure platform, to explore the tokenization of large-scale land assets across Africa.
Africa123 controls a strategic landbank exceeding 400 million square meters across multiple jurisdictions, with a 25-year pipeline of regenerative urban development projects designed to deliver housing, infrastructure, and economic growth at scale.
“Africa’s next generation of infrastructure needs new ways to attract capital that are transparent, trusted, and open to global investors,” Polymath CEO Martin Halford explained. “By working with Africa123, we have a chance to show how tokenization can connect major land development opportunities with long-term investment in a more efficient and accountable way.”
Through this collaboration, Polymath and Africa123 will explore the development of a land-backed digital treasury model.
Africa is entering one of the most significant urbanization cycles in modern history, with its population projected to reach 2.4 billion by 2063, including over 1.5 billion people living in cities. Meeting this demand will require entirely new models of capital formation.
Africa123’s approach centers on Regenerative SMARTER Urban-Ecosystem (RSU) city-building, large-scale developments designed to integrate housing, infrastructure, and socio-economic systems into cohesive, investable platforms. Polymath’s role is to provide the underlying infrastructure that supports this transition.
Work will initially focus on evaluating technical, regulatory, and commercial frameworks required to support large-scale tokenization initiatives. According to Gita Goven, chairperson of Africa123:
“Africa123 has established land access, partnerships, and a regenerative city-building framework that unlocks Africa’s long-term urban infrastructure opportunity at scale. Our collaboration with Polymath represents a critical step in transforming land and urban infrastructure into a transparent, well-governed, and globally investable platform. We believe Africa is not only investable — but essential to the future of global real estate allocation.”
While much of the digital asset market has focused on financial speculation, this partnership reflects a different thesis: that blockchain’s most important role is in restructuring real-world assets at a global scale. By applying institutional-grade infrastructure to land and urban development, Polymath and Africa123 are exploring a model that could redefine how capital flows into emerging markets.
The collaboration will begin with a structured discovery and feasibility phase, evaluating jurisdictions, asset classes, regulatory pathways, and go-to-market strategy before progressing toward potential pilot implementations. Africa123 is actively engaging with global institutional partners and will provide access to detailed materials, including asset-level data, governance frameworks, and implementation models.