Patricia
What it does
Patricia Technologies is a Nigerian cryptocurrency exchange founded in 2017 by Fejiro Hanu Agbodje. It was among Nigeria's earliest local crypto exchanges, facilitating over $1 billion in trade volume at its peak. The company suffered a major cybersecurity breach in 2022 resulting in losses exceeding ₦600 million ($2M), converted customer assets to a debt token (PTK), and began phased customer repayments in December 2024.
crypto-exchange
Known for
- Nigeria's first local crypto exchange
- Patricia Token (PTK) debt restructuring after 2022 hack
- Over $1 billion in historical trade volume
- Controversial customer asset conversion post-breach
Model & industry
Marketplace / Aggregator modelAll / Cross-industry
In the News
- 2024-12-24 · Patricia Technologies Resumes Payments to Customers Following 2022 Cybersecurity Breach · Fintech Magazine Africa
- 2024-05-02 · Nigeria's Patricia Exchange CEO Debunks Closure Rumors · Binance Square
- 2025-01-21 · Nigeria should build Bitcoin reserve to unlock new prosperity, says Patricia Technologies boss · BusinessDay