
Cryptocurrencies
Patricia Exchange CEO Announces Debt Restructuring Through Convertible Notes
Following the launch of the Patricia token (PTK), which was issued to customers to help manage their debts, Fejiro Hanu, the CEO of Patricia, a Nigerian cryptocurrency exchange, has announced that customers now have the option to convert their owed funds into shares of Patricia.
In a statement, the CEO indicated that this option is a key part of the company’s strategy for raising funds and restructuring its debts. As the firm prepares for an upcoming app relaunch and a new fundraising initiative, it is providing users with the chance to convert their debt tokens into convertible notes at a beneficial discount for Patricia.