NomaChain (NOMA) – RWA Startup in Kenya

NomaChain is positioning itself as Africa’s first regulated real estate tokenization platform, leveraging Kenya’s new Virtual Asset Service Providers Act (effective November 4, 2025) to offer fractional property ownership through blockchain. The company addresses a critical housing affordability crisis where homes cost 10-15x annual income and traditional mortgages require 20-30% down payments. Their rent-to-own model allows users to gradually build equity in tokenized properties without large upfront capital, while their NOMA utility token (already live on BNB Chain) will facilitate transactions within their ecosystem once they receive CMA licensing.

The timing appears strategic: Kenya ranks top 5 globally for crypto adoption, has established digital finance infrastructure through M-Pesa, and its government is actively pursuing crypto regulation rather than restriction. NomaChain has backing from Lisk’s African Incubation Program, partnerships with local developers, and plans to raise $700K in equity plus $4M in debt for expansion. The key catalyst to watch is whether they successfully obtain CMA licensing as one of the first tokenization platforms under the new regulatory framework, which would validate their model and potentially give them first-mover advantage in African real estate tokenization.

Search NomaChain online for recent info.