Sanlam Ltd. has entered into a partnership with Luno, EasyEquities, and Lesaka to launch ZARU, a Rand-backed stablecoin. The collaboration combines Sanlam’s asset management expertise, Luno’s digital asset platform, EasyEquities’ investment services, and Lesaka’s payments infrastructure. ZARU is fully backed by high-quality Rand-denominated assets managed by Sanlam Specialised Asset Management and banked by Standard Bank, with monthly reserve audits by Moore Johannesburg. Initially available to institutional investors via Luno and EasyEquities, ZARU aims to provide faster, cheaper payments and money transfers, supporting financial inclusion and innovation in South Africa’s digital economy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sanlam Ltd. published the original content used to generate this news brief on February 05, 2026, and is solely responsible for the information contained therein.