Blockchain
Veritasi Homes Listed on Financial Times Africa’s Fastest Growing Companies 2023
Lagos, Nigeria–(Newsfile Corp. – May 13, 2023) – Veritasi Homes, a leading Nigerian real estate development company, has been recognised by Financial Times in the annual ranking of Africa’s Fastest Growing Companies of 2023, focused on identifying top performers in Africa’s private sector. This ranking places Veritasi Homes as the only Nigerian real estate company in Africa to make the list.
The company has accomplished this feat by catering to the needs of over 1,000 clients with world-class homes, despite the adverse business climate. Veritasi’s tremendous revenue growth is evident as the company, earlier in the year, became the first indigenous real estate company to earn an international B/Stable rating from Scope Ratings, Europe.
The list of Africa’s fastest-growing companies, compiled by Financial Times in collaboration with Statista, a research and database company, highlights advanced, modern, and thriving businesses in Africa fueling the global economy in the 21st century. It showcases the growth of private companies across different sectors, offering a brief overview of the corporate landscape where technology, Fintech, and other businesses have had to adapt to a significantly challenging environment.
Veritasi Homes has developed a real estate portfolio spanning nine developments. The developments include five luxury residential constructs, Camberwall Advantage 1-5; two affordable housing projects, Camberwall Court 1 and 2; and two site and services projects, ITUNU Residential and ITUNU CITY, to mention a few, within five years of existence.
Nola Adetola, the Chief Executive Officer, commenting happily about the ranking, said, “I can recall when we started in 2017; it took us a few months to get our first set of clients. But now, Veritasi Homes caters to over 1,000 clients with our various mega projects spanning Lekki, all the way down to Aiyetoro, Ibeju-Lekki, Lagos, Nigeria. We are proud to receive another global recognition. The announcement is huge for us. Despite our economic challenges, it reflects our team’s hard work, sweat, and innovative skills. As we celebrate this accolade, expect more from Veritasi Homes.”
Tobi Yusuff, Partner at Veritasi Homes, shared his thoughts following the announcement by Financial Times: “The recognition we have received from Financial Times for the 2023 ranking has us as the only Nigerian real estate company of the 100 companies ranked. The ranking reinforces our belief in excellence and the team’s effort in building the future of Africa’s real estate. As this ranking highlights our diligence, we are further committed to excellence and quality build across our projects.”
Veritasi Homes have established a reputation as a frontier of quality, innovation and technology in the Nigerian real estate space. Veritasi Homes will expand its footprint across Africa in the coming years to serve new markets.
Media Contact:
Company name: Veritasi Homes and Properties
Contact person name: Adetola Nola
Business Phone number: +234 903 016 0016
Email: [email protected]
City: Lagos
Country: Nigeria
Website: https://veritasihomes.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165339
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Blocks & Headlines: Today in Blockchain – May 6, 2025 | Arkham, DMG Blockchain, Solana, Prologis
The Blockchain Renaissance – AI, Infrastructure, and Eastern Europe’s Ascent
As we navigate through the intricate tapestry of blockchain and cryptocurrency, May 6, 2025, stands out as a day marked by significant strides in technology, infrastructure, and regional innovation. From the fusion of artificial intelligence with blockchain analytics to the strategic expansion of data centers, the landscape is evolving at an unprecedented pace. Eastern Europe, particularly Romania, is emerging as a formidable player in the blockchain arena, leveraging platforms like Solana to drive innovation. Simultaneously, the integration of blockchain into warehouse operations signifies the technology’s permeation into traditional industries.
Arkham and Blockchair: Redefining On-Chain Transparency
In the realm of blockchain analytics, Arkham Intelligence and Blockchair are pioneering a new era of on-chain visibility. Arkham Intelligence, founded by Miguel Morel and backed by notable investors such as Sam Altman and Tim Draper, utilizes AI to deanonymize blockchain addresses, providing a clearer view of cryptocurrency flows. This approach, while enhancing transparency, raises questions about privacy and the balance between openness and confidentiality in the decentralized world.
Blockchair complements this by offering a comprehensive blockchain search and analytics engine, enabling users to explore transactions across multiple blockchains. Their tools facilitate a deeper understanding of blockchain data, empowering users to make informed decisions.
Source: Bitcoin News
DMG Blockchain Solutions: Strategic Pivot Towards AI Infrastructure
DMG Blockchain Solutions Inc. has reported its preliminary operational results for April 2025, highlighting a strategic shift towards artificial intelligence infrastructure. The company mined 30 BTC during the month, a slight decrease from March, attributed to increased network difficulty and a shorter month. Notably, DMG increased its realized hashrate to 1.93 EH/s, supported by the deployment of additional Bitmain S21+ Hydro miners.
In a significant move, DMG liquidated a portion of its Bitcoin holdings to fund the acquisition of 2 megawatts of prefabricated AI data center infrastructure. This investment marks a demonstrative shift towards utilizing returns from Bitcoin mining to fund AI capital expenditures, aiming to secure off-take agreements with high-value government and enterprise users seeking sovereign AI solutions in Canada.
Source: GlobeNewswire
Prologis: Integrating Blockchain into Warehouse Operations
Prologis, a global leader in logistics real estate, is exploring the integration of blockchain technology into warehouse operations. By leveraging blockchain’s immutable ledger, Prologis aims to enhance inventory management, transportation tracking, and logistics. The technology allows for a permanent record of every transaction, accessible to all network participants, thereby improving transparency and efficiency across the supply chain.
This integration enables manufacturers to better manage product origins, traceability, potential recalls, and perishable goods. With real-time visibility into consumer-level demand, manufacturers can forecast demand accurately, optimizing revenue and profitability while reducing the risk of lost sales.
Source: Prologis
Romania’s Embrace of Solana: Accelerating Blockchain Innovation in Eastern Europe
Romania is positioning itself as a hub for blockchain innovation in Eastern Europe, with a particular focus on the Solana blockchain. The country’s tech-savvy population and supportive regulatory environment have attracted developers and entrepreneurs to build decentralized applications (dApps) on Solana’s high-performance platform.
This strategic embrace of blockchain technology is fostering economic growth and technological advancement in the region. By leveraging Solana’s scalability and low transaction costs, Romanian startups are developing solutions in finance, supply chain, and digital identity, contributing to the broader Web3 ecosystem.
Source: Romania Insider
Blockchain’s Role in Shaping Web3: Insights from NASSCOM
The National Association of Software and Service Companies (NASSCOM) has highlighted the pivotal role of blockchain technology in the evolution of Web3. Blockchain’s decentralized and immutable nature provides the foundation for a more secure and user-centric internet, enabling peer-to-peer interactions without intermediaries.
By facilitating trustless transactions and data ownership, blockchain empowers users to control their digital identities and assets. This paradigm shift is driving the development of decentralized applications, decentralized finance (DeFi), and non-fungible tokens (NFTs), reshaping the digital landscape towards a more equitable and transparent ecosystem.
Source: NASSCOM
Conclusion: Navigating the Blockchain Frontier
The developments on May 6, 2025, underscore the dynamic nature of the blockchain and cryptocurrency landscape. From enhancing transparency through AI-powered analytics to integrating blockchain into traditional industries and fostering regional innovation, the technology continues to evolve and permeate various sectors. As we move forward, the convergence of blockchain with emerging technologies like AI and the proactive adoption by nations like Romania signal a promising trajectory towards a decentralized and inclusive digital future.
The post Blocks & Headlines: Today in Blockchain – May 6, 2025 | Arkham, DMG Blockchain, Solana, Prologis appeared first on News, Events, Advertising Options.
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