Blockchain.com Launches in Ghana Following 700% Trading Surge in Nigeria

2 hour ago 4 sources positive

Key takeaways:

  • Strategic expansion into Ghana highlights Africa's growing role as a key crypto market for remittances and inflation hedging.
  • Integration with mobile money ecosystems could drive adoption of stablecoins like USDT for everyday transactions.
  • Regulatory collaboration in Ghana sets a positive precedent for institutional growth across Sub-Saharan Africa.

Cryptocurrency brokerage and trading platform Blockchain.com has officially announced its expansion into Ghana, marking a significant step in its broader strategy to grow its presence across Africa. This move comes on the heels of explosive growth in Nigeria, where the company reported a more than 700% increase in brokerage transaction volume after launching retail operations there last year.

The company plans to offer Ghanaian users access to its trading platform and is building out regional infrastructure. According to a Blockchain.com spokesperson, the platform has already seen rising activity in Ghana ahead of the formal launch, with active users increasing 140% and transaction volumes climbing 80% over the past year.

"We are actively collaborating with Ghanaian officials and regulators to help build a regulatory framework and have already established local compliance representation in Ghana," the spokesperson stated. The expansion is supported by Ghana's new crypto regulatory framework that legalizes cryptocurrency in the country.

A key focus for the Ghana launch is integrating with the local mobile money ecosystem, which is widely used in the country. "Given how widely used mobile money is in Ghana, integration with the mobile money ecosystem is a key focus," the spokesperson told Cointelegraph. Blockchain.com is building local teams to support operations, partnerships, and regulatory engagement.

The company highlighted that the most traded assets on its platform in Nigeria have been Bitcoin (BTC), Tether (USDT), and Tron (TRX). The demand in Africa is largely driven by real-world use cases such as cross-border payments, remittances, and hedging against currency volatility and inflation.

Data from Chainalysis underscores the region's importance, showing Sub-Saharan Africa received over $205 billion in on-chain crypto value between July 2024 and June 2025, a 52% year-over-year increase, making it the third-fastest-growing crypto market globally. Nigeria dominates this activity, receiving more than $92 billion during that period.

Blockchain.com, founded in 2011 and headquartered in London, operates in over 70 jurisdictions worldwide and plans to enter additional African markets as part of its long-term growth strategy.

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