In August 2024, Cregis, an enterprise-grade crypto infrastructure services provider, announced the opening of its new regional office in Dubai, marking a major milestone in its global expansion strategy. With a strong foundation in blockchain technology, the Dubai office will serve as Cregis’s strategic hub in the EMEA region (Europe, Middle East, and Africa), driving growth across the Middle East and neighboring markets.
Since its founding in 2017, Cregis has been headquartered in Hong Kong with a regional office in Singapore. The launch of the Dubai office is not just a key move in Cregis’s global strategy but also reflects its confidence in the potential of the Middle Eastern market.
Cregis is dedicated to bringing cutting-edge Web3 technologies to the Middle East, providing robust crypto infrastructure support to local payment companies and Web3 teams. This includes advanced crypto asset management, payment settlement solutions, and fostering local innovation and development in crypto technology.
Cregis’s global strategy is evident not only in its geographic expansion but also in the continuous enhancement of its technology and services. The company has successfully served over 3,500 enterprises, facilitating daily transactions worth up to $50 million, creating over 100 million addresses, and securing more than $60 billion in crypto assets.
Moreover, Cregis has established partnerships with teams such as the European regulated exchange ZBX, to provide reliable technical solutions for our customers and partners in terms of compliant crypto payment settlement and ensuring the security of on-chain transactions for users.
Shawn Yan, founder and CEO of Cregis, stated: “Cregis is actively advancing its global expansion strategy. By establishing a regional office in Dubai, we aim to leverage our technological expertise and industry experience to drive growth in the Middle East market and expand into Africa and Europe, with Dubai as a central hub.” This strategic move will further solidify Cregis’s position in the global crypto market and deliver greater value to businesses and users in the region.
Cregis’s core offerings provide a comprehensive suite of crypto asset solutions, combining Wallet-as-a-Service (WaaS), and payment engine to ensure high levels of security while efficiently managing assets. Cregis’s WaaS enables businesses to quickly integrate wallets without building from scratch, providing complete transaction APIs and developer documentation. The self-custody MPC wallet allows users to control private keys, supports multi-signature management, and is ideal for complex asset management collaborations. The payment engine helps traditional merchants easily accept and manage cryptocurrencies from multiple blockchains and regions, enabling T+0 automated settlements, thus addressing the challenges of crypto payments and settlements for traditional businesses, applicable to online e-commerce and offline retail scenarios.
With the Dubai office now operating, Cregis will further accelerate its global business expansion, continue to enhance its crypto technology services, and bring more innovation and value to customers worldwide.