Blockchain.com Expands to Ghana After 700% Transaction Growth in Nigeria

Blockchain.com Expands to Ghana After 700% Transaction Growth in Nigeria

N
News Editor 01
2026-07-23 04:45:14
Blockchain.com has launched in Ghana after reporting more than 700% brokerage transaction growth in Nigeria. The company said Ghana also showed strong organic growth, with active users up 140% and transaction volume rising 80% over the past year.
Blockchain.comGhanaNigeriaWest AfricaStablecoins

Blockchain.com has launched in Ghana, extending its African expansion after a sharp rise in activity in Nigeria. The company said that after rolling out retail services in Nigeria last year and setting up operations in Lagos, it recorded more than 700% growth in brokerage transaction volume. That surge now sits at the center of its latest push in West Africa.

Nigeria results shaped the next move

According to Blockchain.com, trading activity in Nigeria showed where local demand was concentrated. The most traded assets in that market were USDT, Bitcoin, and TRX, a mix that points to interest in large crypto assets as well as tokens commonly used for transfers. Owen Odia, the company’s general manager for Africa, said the Nigeria results showed strong regional potential and tied Africa closely to the firm’s mission of expanding financial access.

He also said the company is building with a long-term view through infrastructure, local hiring, and products designed for specific markets. The message was direct. Blockchain.com is not framing the region as a short-cycle expansion.

Ghana already showed strong organic demand

Before the official launch, Ghana had already posted meaningful growth on the platform. Over the past year, active users from Ghana rose 140%, while transaction volume increased 80%. That suggests the market was already gaining traction before the company formally entered with local operations.

Adding Ghana gives Blockchain.com another position in a region where cross-border payments remain one of the clearest crypto use cases. Across West Africa, many users still look for faster and cheaper ways to move funds. High remittance costs and settlement delays continue to attract crypto firms to these markets.

Stablecoins and remittances remain central

Blockchain.com said it plans to enter more African markets in the coming period and linked that strategy to growing opportunities in stablecoins and digital assets. The company said these tools can improve settlement efficiency, reduce remittance costs, and support digital commerce across West Africa. Based on its latest comments, stablecoins and remittances remain the core of its Africa growth plan.

The African expansion comes as the company is also advancing on the regulatory front in other regions. Last month, Blockchain.com secured registration with the UK Financial Conduct Authority, allowing it to offer brokerage, custody, and institutional crypto services in the UK. Earlier, it also obtained its MiCA license in the European Union.

Company disclosed long-term platform figures

Blockchain.com said that since 2011 it has processed more than $1.2 trillion in crypto transactions, created over 90 million wallets, and verified more than 40 million users. With Nigeria delivering standout growth and Ghana already showing rising activity before launch, the company is placing the Ghana entry within a broader expansion plan across Africa.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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