China-based digital assets infrastructure company Cregis is expanding into Africa, according to a company statement seen by Technext. The company said the move follows the onboarding of enterprise customers in the region and will involve expanded local business development efforts across the continent.

Cregis said it will place particular emphasis on markets including Nigeria, Kenya and South Africa, where digital asset ecosystems are among the most developed in Africa. Nigeria, with a population of over 200 million, has consistently ranked among the world's largest peer-to-peer cryptocurrency markets, while South Africa has developed one of the continent's more formalized regulatory frameworks for digital assets. The expansion is the latest stage in the company's global growth strategy and follows earlier moves across Asia-Pacific, the Middle East and Latin America as global demand for enterprise digital asset infrastructure continues to increase.

Africa has become one of the fastest-growing digital asset markets in the world. According to Chainalysis, Sub-Saharan Africa received more than $205 billion in on-chain value between July 2024 and June 2025, representing a 52% year-over-year increase. The growth has been driven by stablecoin payments, cross-border transactions and wider use of digital financial services. In many African markets, dollar-pegged stablecoins have become particularly attractive as a hedge against local currency depreciation and as a lower-cost alternative for cross-border remittances.

At the same time, regulatory frameworks are becoming clearer in several major African markets, creating a stronger foundation for enterprise adoption. In late 2023, the Central Bank of Nigeria lifted restrictions that had previously prohibited banks from facilitating cryptocurrency transactions, while South Africa's Financial Sector Conduct Authority classified crypto assets as financial products in 2022, bringing them under formal regulatory oversight. Cregis said these developments indicate that the region's digital asset market is entering a new stage, with businesses increasingly requiring enterprise-grade infrastructure.

Founder and CEO Shawn Yan said Africa has moved beyond the initial adoption phase and is reaching a point where enterprise infrastructure is becoming essential.

“We've seen this pattern before. Adoption comes first. As businesses grow, the focus shifts to operating digital assets securely, efficiently and in a way that can keep pace with evolving regulatory expectations. That's where enterprise infrastructure becomes essential, and it's the same transition we're beginning to see across Africa,” Yan said.

Cregis targets businesses, exchanges and digital banks

Cregis said it will work with businesses such as stablecoin payment providers, OTC desks, crypto exchanges and digital banks as demand for enterprise infrastructure expands. The company provides an integrated platform designed to help enterprises manage the full lifecycle of digital assets, including wallet operations, fund flows, custody, governance and compliance.

Its product portfolio includes Wallet-as-a-Service (WaaS), Payment Engine, TronGas and Crypto Off-Ramp. Cregis said the products allow businesses to scale digital asset operations without relying on multiple separate infrastructure providers.

The Africa expansion builds on nearly a decade of experience supporting enterprise customers across high-growth markets. In Asia-Pacific, Cregis worked with thousands of businesses in markets where digital asset adoption often developed faster than regulation. The company said that experience shaped its approach to building infrastructure that combines operational flexibility with long-term compliance readiness.

Cregis said the same strategy has been validated in newer markets. In 2024, the company established Dubai as its Middle East hub, where it built a local team and expanded its compliance capabilities alongside regional growth. Today, Cregis supports more than 200 long-term enterprise deployments across the region and has developed a presence in the brokerage, payments and fintech ecosystem.

Earlier this year, Cregis expanded into Latin America and Europe, where it said it rapidly onboarded enterprise customers. In Europe, the company is also working with traditional financial institutions that are adopting digital asset infrastructure. Cregis said these experiences have provided a framework for scaling across high-growth markets where enterprise demand and regulation are developing at the same time.

As digital asset adoption grows among businesses, the company said infrastructure requirements are also changing. Beyond secure wallet technology, enterprises increasingly require systems that combine treasury operations, governance and compliance in a single environment.

Cregis said its platform is built to support companies at different stages of growth, from fast-growing fintechs and crypto-native businesses to institutions operating under stricter regulatory requirements. The company said it maintains a zero-security-incident record and holds internationally recognised certifications, including SOC 2 Type I, SOC 2 Type II and ISO 27001.

Cregis plans to deepen its presence in Africa through customer engagement, local partnerships and participation in major industry events, including Blockchain Africa Conference and Blockfest Africa. The company said it views Africa as an important long-term market as digital assets become more deeply integrated into financial services across the region.

“We've spent years helping businesses navigate periods of rapid market growth and regulatory change. Africa is entering a similar phase. Our goal isn't simply to bring technology into the region — it's to help local businesses build digital asset operations that can grow with confidence over the next decade,” Yan said.