Nigerian Securities and Exchange Commission (SEC) has revealed that it has partnered with blockchain analytics firm Chainalysis.
The partnership will enhance transparency and safeguard investors against cryptocurrency scams. This follows the recent rise of Nexchain, an AI-enabled Layer-1 blockchain, which is currently in the middle of a token presale, drawing enormous interest among investors.
Improving Fraud Detection in the Crypto Market
In a recent webinar titled “Combating Scams with Blockchain Intelligence,” SEC Director-General Dr. Emomotimi Agama stressed the importance of joint action between regulators and private firms. The event centered on how data sharing and blockchain analytics can help detect and prevent fraud..
The collaboration will apply Chainalysis technology to monitor suspicious transactions and identify scam networks within the country. In addition, it will provide regulators with improved tools to oversee risks and act promptly. This will enhance the confidence of the people in the cryptocurrency market.
Also, SEC will utilize financial intelligence obtained through blockchain data to facilitate more enforcement actions. This will assist in safeguarding retail traders and institutional investors as the use of digital assets in Nigeria grows.
Nexchain Сrypto Presale Sees Strong Demand
At the same time, new blockchain projects continue to attract investor interest. Nexchain, an AI-powered Layer-1 blockchain, is in stage 25 of its token presale. Each NEX token is priced at $0.10, with a projected listing price of $0.30, offering early buyers a potential 300% gain.
Nexchain is built to process up to 400,000 transactions per second while keeping average fees at $0.001. Its hybrid consensus model combines Proof-of-Stake with AI algorithms to deliver adaptive scalability and strong security.
The blockchain also supports cross-chain interoperability, allowing it to connect with multiple networks. This makes it suitable for use in industries such as finance, healthcare, IoT, logistics, and government services.
Key Milestones and Roadmap
Nexchain has launched its live testnet, giving users the chance to test transaction speed and validator performance. The Nexchain Explorer offers real-time tracking of blocks, transactions, and validators. In addition, the project is undergoing a full security audit by Certik, with results to be released publicly.
The newly published whitepaper provides a full technical outline, including its AI-powered consensus design, scalability features, and network adaptability. It also details how the system maintains consistent performance during varying levels of activity.
The roadmap includes the launch of Nexpolia in Q3 2025 as well as developer SDKs, bridges to major testnets, and farming programs. The mainnet will launch in Q4 2025, with AI oracles and DeFi integrations. The public beta will start in Q1 2026, and the project will be listed on centralized exchanges to increase access.
Conclusion
As Nigeria strengthens oversight through its Chainalysis partnership, the cryptocurrency space is expected to see improved investor protection. At the same time, Nexchain’s speed, low-cost transactions, and strong development roadmap place it firmly among the best crypto presales for 2025. This new token presale offers significant growth potential, making it a standout opportunity in the evolving Web3 crypto presale market.
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Reporter at Coindoo
Source: https://coindoo.com/nigeria-partners-with-chainalysis-to-fight-scams-as-nexchain-crypto-presale-gains-momentum/