GTXN Global

Based in Kenya, GTXN Global, operates as a cryptocurrency exchange and wallet service that enables users to buy, sell, and manage cryptocurrencies. Based in Nairobi, Kenya, GTXN Global was founded to provide a platform for cryptocurrency transactions. The company specializes in facilitating financial transactions through its advanced settlement infrastructure. In September 2026, Luno Pte.

Ltd. , a portfolio company of Digital Currency Group, acquired GTXN Global. Financial terms were not disclosed. GTXN specializes in facilitating seamless financial transactions through its advanced settlement infrastructure, allowing clients to transact in stablecoins such as USDT and USDC.

Its primary product enables clients to receive stablecoins and convert them to local currencies in real-time, with same-day settlements. GTXN operates primarily in South Africa, the United States, and Europe, catering to businesses and individuals requiring streamlined payment solutions. The platform ensures that all transactions are attributed, reconciled, and recorded from initiation to completion, providing full traceability to users. Revenue generation for GTXN is structured around transaction fees applied to its services, involving the conversion of stablecoins into local currencies and the settlement of these transactions.

Clients send stablecoins to a designated settlement address, from which GTXN processes the transaction and executes the conversion to local currency at aggregated market rates. The company captures fees associated with each conversion and payout, allowing it to monetize the volume of transactions processed. Pricing reflects operational costs and market dynamics, ensuring competitive rates while covering service expenses. The acquisition by Luno Pte.

Ltd. enables the company to enhance its platform capabilities. Current initiatives include expanding its service offerings and improving transaction efficiency to better serve its clients.