FNB Steps Into Crypto as Demand for Digital Assets Grows in South Africa

First National Bank, part of South Africa’s second-largest banking group by assets, has launched a crypto investing service for its customers in partnership with licensed local exchange VALR. The move puts BTC, ETH, XRP, SOL, and USDT directly inside FNB’s existing share-trading platform, available around the clock from as little as R10. In addition, FNB serves close to 9 million customers, and the launch responds to what the bank describes as consistent and growing demand for alternative investment options. Crypto assets under custody at major South African platforms, Luno, VALR, and Ovex, topped R25 billion by late 2025.

Source: TheNewsCrypto