Cregis Enters the Middle East Market for Two Years, Over Half of Clients from Traditional Finance

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Cregis, a digital asset market infrastructure provider, has operated in the Middle East for two years, securing approximately 200 enterprise clients, more than half from traditional finance. The company now serves over 4,000 businesses across 50+ countries, with a cumulative transaction volume exceeding $300 billion. A Dubai hub has been launched to support its global growth strategy.

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Recently, the enterprise-grade digital asset infrastructure platform Cregis debuted at Forex Expo Dubai 2026, engaging with companies from the forex brokerage, financial institution, fintech, and payment industries. On the occasion of its second year in the Middle East market, Cregis also shared its regional progress: it has established approximately 200 long-term, continuously deployed enterprise clients in the Middle East, over half of which come from forex and other traditional financial sectors.

As a digital asset infrastructure company founded in 2017 and grown from the Asia-Pacific market, the Middle East is Cregis’s first step toward globalization. Over the past two years, Cregis has accumulated more than just customer scale in the region; importantly, digital asset infrastructure is gradually becoming integrated into the daily operations of traditional financial institutions. For an increasing number of enterprises, digital assets are no longer an isolated crypto business, but are beginning to merge with existing financial use cases such as payments, fund management, and cross-border transactions.

This trend is also reflected in Cregis’s growing global client base, which includes foreign exchange brokers, banks, payment service providers, and fintech companies such as ATFX Group, Bison Bank, and Interlace. Globally, Cregis currently serves over 4,000 businesses across more than 50 countries and regions, with a cumulative transaction volume exceeding $300 billion.

Shawn Yan, founder and CEO of Cregis, said that one of the most noticeable changes in the Middle Eastern market over the past two years is that enterprises have shifted their focus on digital assets from "whether to use them" to "how to operate them securely and compliantly."

Three years ago, many companies were focused on whether to adopt digital assets. Now, they are more concerned with how to effectively operate digital assets and integrate them into their existing financial business systems,” said Shawn Yan. “This shift is particularly evident in the Middle East. Foreign exchange brokers and financial institutions are not seeking to transform into cryptocurrency companies, but rather aim to introduce reliable infrastructure to support payments, fund management, and asset operations within their current business frameworks.”

This shift has also propelled Cregis to extend its products and services into broader financial scenarios. For forex brokers, banks, and payment institutions, digital assets are not an isolated business module. Enterprises may need to simultaneously handle multiple fiat currencies and digital assets, different blockchain networks, and payment channels, while also meeting requirements for internal access control, transaction approval, fund allocation, and compliance auditing.

Therefore, what businesses truly need is not just a wallet, but an infrastructure that can integrate with their existing financial systems and provides appropriate governance and control capabilities.

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Based on this requirement, Cregis has built three core capabilities around a unified infrastructure layer: Wallet-as-a-Service, Fund Flow Orchestration, and Regulated Custody, supported by foundational capabilities such as operations management and settlement networks.

Among these, WaaS provides enterprises with multi-chain digital asset wallets and related management capabilities; fund flow orchestration covers scenarios such as receiving payments, making payments, settlement, and fund transfers; and custody capabilities focus on key management, access control, policy enforcement, and asset governance.

For financial institutions, the core is not merely about "putting assets on-chain"; it's more important to define who can access the assets, who can initiate and approve transactions, and how the entire process is recorded and audited. Cregis’s infrastructure supports role-based access control, approval workflows, transaction policies, and audit trails, enabling enterprises to conduct digital asset operations within their existing governance and compliance frameworks.

This architecture also enables Cregis to serve compliance-sensitive clients such as digital banks, forex brokers, payment service providers, and fintech companies, without requiring them to build a separate "digital asset operations system." Digital asset capabilities can be embedded into existing financial workflows while maintaining enterprise-grade controls.

As traditional financial institutions become key participants in the digital assets market, security and compliance are increasingly becoming core considerations for enterprises when selecting infrastructure providers.

The Cregis platform has been independently audited and complies with internationally recognized standards including SOC 2 Type I, SOC 2 Type II, and ISO 27001. In terms of security architecture, the platform employs technologies such as MPC, HSM, and TEE to provide multi-layered security mechanisms for digital assets, covering key protection, access control, and transaction execution.

This means that for financial enterprises such as foreign exchange, banking, and payment services, digital assets no longer need to exist as a separate "new system" disconnected from their existing operations, but can instead be managed within their established authorization, approval, governance, and compliance frameworks.

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In 2024, Cregis established its Middle East regional hub in Dubai and assembled a local team to serve the Middle East and surrounding markets from its base in the UAE. Leveraging Dubai’s strategic location connecting Europe, Africa, South Asia, and the CIS countries and regions, the Middle East has gradually become an important node in Cregis’s global expansion.

As the regional business continues to mature, the Middle East has evolved for Cregis from a single growth market into a vital platform for international operations. Over the past two years of local operations, Cregis has gained valuable experience collaborating with various types of financial institutions and has developed a deeper understanding of the differences across markets in terms of regulation, business processes, and customer needs.

Currently, Cregis has further expanded into the European, Latin American, African, and U.S. markets, bringing the products, operations, and market expertise accumulated in the Middle East to more regions.

“The Middle East was our first real test of whether the infrastructure we built in the Asia-Pacific region could operate successfully in a completely different market environment,” said Shawn Yan. “Our experience over the past two years has been clear—global infrastructure must first be secure, stable, and scalable, but it must also genuinely adapt to the way local businesses operate. This is our fundamental standard for entering the next phase of international growth.”

About Cregis

Cregis is a digital asset infrastructure platform that provides enterprises with technical capabilities for receiving and paying digital assets, as well as fund operations, enabling businesses to conduct digital asset activities securely, compliantly, and efficiently. Founded in 2017, Cregis serves financial institutions, payment service providers, forex brokers, fintech companies, and Web3 enterprises. Its services span multiple markets across Asia, the Middle East, and Latin America, and it currently supports over 4,000 enterprise customers in more than 50 countries and regions.

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