Cregis Expands to Nigeria, Kenya, South Africa

Chinese digital assets infrastructure company Cregis is expanding into Africa. The company has picked Nigeria, Kenya and South Africa as its main targets for the new push.

Cregis says it has already signed up enterprise customers in the region. Now it plans to grow its local business development efforts across the continent. The company chose these three countries because they have some of the most developed digital asset ecosystems in Africa.

This move builds on Cregis’s earlier growth across Asia-Pacific, the Middle East and Latin America. Demand for enterprise-grade digital asset infrastructure keeps rising worldwide, and Africa is the company’s next stop. Cregis was founded in 2017. Today, it supports more than 4,000 enterprises in over 50 countries and has processed over 300 billion dollars in transaction volume, based on figures the company has previously shared.

Founder and CEO Shawn Yan explained the thinking behind the timing. He said Africa’s digital asset market has moved past the early adoption stage. Businesses there now need proper infrastructure to operate securely. According to Yan, this pattern always plays out the same way. Adoption comes first. Then, as businesses grow, they shift their focus toward managing digital assets safely and in line with tightening regulations. That is exactly the shift now happening across Africa.

So what does this mean in practice? Cregis will work with stablecoin payment providers, over-the-counter trading desks, crypto exchanges and digital banks. These businesses need reliable infrastructure as demand grows across the region. The company’s platform helps enterprises manage the full digital asset lifecycle. This covers wallet operations, fund flows, custody, governance and compliance.

Cregis offers several tools to support this. Its product lineup includes Wallet-as-a-Service, a Payment Engine, TronGas and a Crypto Off-Ramp solution. These tools let businesses scale their digital asset operations without piecing together services from multiple providers.

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The timing also lines up with strong growth numbers across the region. Chainalysis data shows Sub-Saharan Africa received more than 205 billion dollars in on-chain value between July 2024 and June 2025. That marks a 52 percent jump from the year before. Stablecoin payments, cross-border transactions and wider adoption of digital financial services have driven much of this growth.

Regulation is catching up too. In Nigeria, the Securities and Exchange Commission now serves as the primary regulator for digital assets. It has rolled out its Accelerated Regulatory Incubation Program and eased earlier banking restrictions on virtual asset service providers. Meanwhile, South Africa regulates crypto assets under its Financial Advisory and Intermediary Services Act. As of December last year, the Financial Sector Conduct Authority had approved 248 licenses. Kenya, on the other hand, is still building out its regulatory framework, but it remains one of the continent’s most active digital asset markets.

Africa now has more than 54 million digital asset users, according to industry reports. Nigeria leads the world in stablecoin adoption and ranks second globally in overall digital asset use.

For Cregis, growing regulatory clarity across these key markets looks like the opening it has been waiting for. It gives the company a stronger footing to bring its enterprise infrastructure to businesses navigating Africa’s fast-moving digital asset economy.

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