Crypto brokerage firm Blockchain.com is expanding into Ghana as part of a wider move to increase its presence across Africa, following rapid user growth in Nigeria last year.
The company said it plans to offer Ghanaian users access to its trading platform as it builds regional infrastructure and explores additional markets in Africa.
The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than 700% growth in brokerage transactions. According to the company, the most traded assets on its platform in the country were Bitcoin (BTC), Tether (USDT) and Tron (TRX).
The company said that Ghana has also seen activity on its platform increase by 140% and transaction volume by 80% in the past year before the official launch.
“We are actively working with Ghanaian officials and regulators to help build the regulatory framework and have already established a local compliance office in Ghana,” said a spokesperson for Blockchain.com.
The company said the expansion of local payment infrastructure will be important as it enters the Ghanaian market. “Given how widely mobile money is used in Ghana, integration with the mobile money ecosystem is a key focus,” a Cointelegraph spokesperson said.
Blockchain.com said it is building local teams to support operations, partnerships and regulatory engagement as it expands across the region. The company already operates in more than 70 jurisdictions worldwide and plans to enter additional African markets as part of its long-term growth strategy.
Data from Chainalysis shows that Nigeria has consistently ranked among the world’s leading countries in mass crypto adoption, driven by remittances, currency volatility and a large mobile-first user base.
Founded in 2011 and headquartered in London, Blockchain.com is a cryptocurrency platform that provides trading services, digital asset wallets and other cryptographic infrastructure to users worldwide.
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Crypto adoption is growing across South Africa
In recent years, crypto use has grown rapidly across sub-Saharan Africa. According to a September report by Chainalysis, the region generated more than $205 billion in onchain crypto value between July 2024 and June 2025, up 52% from the previous year, making it the third fastest growing crypto market globally.
Nigeria dominates crypto activity and has generated over $92 billion during this period. South Africa, Ethiopia, Kenya and Ghana are among the biggest future markets. Analysts say demand is driven mostly by cross-border payments, remittances and efforts to hedge against currency volatility.
In January at the World Economic Forum’s annual meeting in Davos, former UN Under-Secretary-General Vera Songwe said that stablecoins are increasingly being used for cross-border money transfers and payments. He said traditional money transfers often cost about $6 for every $100 sent, while stablecoins can cut fees and settle transactions in minutes.
Songwe added that persistent inflation in several African economies and limited access to banking services are also pushing more users towards digital dollar alternatives.
Earlier this month, Africa Bitcoin Corporation chief executive Stafford Masi said that Bitcoin is acting as an everyday currency rather than a store of value in some African communities. Speaking on the Coin Stories podcast with Natalie Brunell, Masi said some merchants in the circular economy are accepting payments in satoshi instead of fiat currency.
Meanwhile, according to payment infrastructure company Borderless.xyz, Africa has recorded the highest stablecoin-to-fiat median conversion rate among the regions tracked.
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