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Zimbabwe’s Financial Securities Exchange (FINSEC) has received approval from the Securities and Exchange Commission of Zimbabwe (SECZim) to operate an asset tokenisation market within the regulator’s sandbox framework, according to a NewsDay report published on 6 February 2026.
FINSEC’s platform is described as supporting the end-to-end lifecycle for tokenised assets—covering origination, due diligence, issuance, trading, settlement, custody and reporting—under SECZim oversight, with income-generating and development property cited as the first approved asset classes.
FINSEC chief executive Collen Tapfumaneyi said the system would use blockchain-based records, smart contracts and embedded compliance controls, while the Herald report also describes investor protections including KYC/AML controls, escrow-based settlement and segregation of investor funds.
From a regulatory standpoint, the approval sits within SECZim’s sandbox approach, which its guidelines define as a controlled environment for live testing of fintech products and services under tailored regulatory conditions. In parallel, FINSEC describes itself as a registered Securities Exchange (Alternative Trading Platform) under Zimbabwe’s Securities & Exchange Act and related rules, providing the supervisory perimeter in which the pilot is being run.
The development is non-trivial for tokenised property activity because it combines a regulated exchange operator with a regulator-sponsored test environment, and SECZim’s own market overview lists FINSEC among Zimbabwe’s registered exchanges. The NewsDay report also references TN CyberTech Investments Holdings as separately rolling out tokenised, fractional ownership models for property and other real assets, highlighting broader local activity alongside the exchange-led sandbox pilot.
For issuers, this creates a supervised route to test tokenised offerings backed by property assets on a regulated platform, as described in the Herald’s account of the pilot’s scope and asset focus. For investors and intermediaries, the practical change is access to a sandbox-governed issuance and secondary trading environment that FINSEC says will incorporate compliance checks and regulator visibility into transaction activity.
