Blockchain.com is expanding its presence in Africa by launching operations in Ghana, following substantial user growth in Nigeria. The crypto brokerage plans to offer its trading platform to Ghanaian users, enhancing regional infrastructure and exploring further African markets.
This expansion comes after a remarkable 700% increase in brokerage transaction volume in Nigeria over the past year. Key traded assets on the platform in Nigeria include Bitcoin (BTC), Tether (USDT), and Tron (TRX).
Ghana has also shown increased platform activity, with a 140% rise in active users and an 80% climb in transaction volumes preceding the formal launch. Blockchain.com is actively engaging with Ghanaian officials and regulators to establish a compliant framework and has appointed local compliance representation.
Integration with Ghana's prevalent mobile money ecosystem is a key focus for the company as it enters the market. Blockchain.com is building local teams to manage operations, partnerships, and regulatory affairs across the region. The company currently operates in over 70 jurisdictions globally and intends to enter additional African markets as part of its long-term strategy.
Sub-Saharan Africa has witnessed rapid crypto adoption, with the region receiving over $205 billion in on-chain crypto value between July 2024 and June 2025, marking it as the third-fastest-growing crypto market globally. Nigeria leads this activity, followed by South Africa, Ethiopia, Kenya, and Ghana. Drivers for adoption include cross-border payments, remittances, and hedging against currency volatility.