Blockchain.com Enters Ghana After Nigeria Trading Surge

TLDR

Table of Contents

Blockchain.com expanded into Ghana after recording a 700 percent rise in brokerage trading volume in Nigeria.
The company reported that Bitcoin, Tether, and Tron ranked as the most traded assets in Nigeria.
Blockchain.com said active users in Ghana increased by 140 percent over the past year.
The company confirmed it is working with Ghanaian regulators to support a local regulatory framework.
Blockchain.com plans to integrate mobile money services as it builds operations in Ghana.

Blockchain.com has expanded into Ghana after reporting a 700% surge in brokerage transaction volume in Nigeria. The company plans to launch its trading platform for Ghanaian users while building local infrastructure. It confirmed ongoing talks with regulators as it targets wider growth across Africa.

Blockchain.com Reports 700% Trading Surge in Nigeria

Blockchain.com launched retail brokerage operations in Nigeria last year and tracked rapid growth. The company recorded a 700% increase in brokerage transaction volume during the period. It said users actively traded major digital assets across its platform.

Bitcoin BTC $68,517 led trading activity on the platform in Nigeria. Tether USDT $1 and Tron TRX $0.29 followed as the most traded assets. The company attributed the growth to rising demand from retail users.

Chainalysis data ranked Nigeria among the top countries for grassroots crypto adoption. The data linked activity to remittances, currency volatility, and mobile usage. Nigeria received over $92 billion in onchain crypto value between July 2024 and June 2025.

Sub-Saharan Africa received more than $205 billion in onchain crypto value during the same period. Chainalysis reported a 52% year-over-year increase across the region. The report placed the region as the third-fastest-growing crypto market globally.

Ghana Market Entry and Rising Bitcoin Activity

Blockchain.com confirmed it will offer Ghanaian users access to its trading services. The company reported a 140% increase in active users in Ghana over the past year. It also recorded an 80% rise in transaction volumes ahead of launch.

A spokesperson said, “We are actively collaborating with Ghanaian officials and regulators to help build a regulatory framework.” The company has established local compliance representation in Ghana. It said it will focus on regulatory engagement as operations expand.

The spokesperson said mobile money integration remains a key priority in Ghana. “Given how widely used mobile money is in Ghana, integration with the mobile money ecosystem is a key focus,” the spokesperson said. The company is building local teams to manage partnerships and compliance.

South Africa, Ethiopia, Kenya, and Ghana rank among the next largest crypto markets in Africa. Analysts linked demand to cross-border payments and currency volatility. Stablecoins have gained traction for remittances and faster settlements.

Vera Songwe spoke at the World Economic Forum Annual Meeting in Davos in January. She said traditional transfers cost about $6 per $100 sent. She added that stablecoins reduce fees and settle transactions within minutes.

Africa Bitcoin Corporation executive chairman Stafford Masie addressed crypto adoption trends. He said on the Coin Stories podcast that some communities use Bitcoin for daily payments. Merchants in certain areas accept satoshis instead of fiat currencies.

Borderless.xyz reported that Africa recorded the highest median stablecoin-to-fiat conversion spreads in February. The payments infrastructure company published the data earlier this month. Blockchain.com operates in more than 70 jurisdictions worldwide.

✨ Limited Time Offer