From side hustle to $731 million in trades: Bootstrapped crypto startup Obiex says it is now profitable

Obiex, a Nigerian crypto startup that allows users to speculate and trade digital assets, says it is now profitable. The bootstrapped startup has processed $731.5 million in annualised trade volume, serving more than 100,000 retail users. It claims that a significant portion of this activity comes from high-value retail customers who trade large volumes daily.

Low retail transaction volumes…