Nigeria’s Web3 Ecosystem Surges in 2025: Funding Doubles to $43M as Stablecoins Drive Explosive Growth

Nigeria’s Web3 sector expanded sharply in 2025, with more than 110 active startups and funding rising to $43 million.

Stablecoin adoption surged, on-chain value hit $92 billion, and developer participation continued to grow.

The SEC also moved to classify digital assets as securities, signaling clearer regulation for the market.

The report suggests Nigeria is shifting from early experimentation to a more mature Web3 ecosystem with broader real-world use.