In August 2024, the enterprise-level encrypted infrastructure platform Cregis announced the opening of a new regional office in Dubai, marking an important step in Cregis's global strategic layout. As a company with deep accumulation in the field of blockchain technology, Cregis's Dubai regional office will become its strategic center in the EMEA (Europe, Middle East, and Africa) region, driving the company's expansion in the Middle East and surrounding markets.

Since its establishment in 2017, Cregis has been headquartered in Hong Kong and has a regional office in Singapore. The opening of the Dubai regional office is not only a key step in Cregis's globalization strategy, but also demonstrates the company's confidence in the potential of the Middle Eastern market.

Cregis is committed to introducing cutting-edge Web3 technology into the Middle Eastern market, providing strong encrypted infrastructure support for local payment companies and Web3 teams. This includes not only advanced encrypted asset management and payment settlement solutions, but also promotes the development and innovation of local encrypted technology.

Cregis's globalization strategy is not only reflected in geographical expansion, but also in the continuous upgrading of its technology and services. The company has successfully provided services to over 3,500 enterprises, with a daily transaction volume of up to 50 million US dollars, creating over 100 million addresses, and safeguarding over 60 billion US dollars in encrypted asset transactions.

In addition, Cregis has established partnerships with European compliant exchanges such as ZBX, providing trusted technical solutions for our customers and partners in compliant encrypted payment settlement and ensuring the security of user on-chain transactions.

Cregis founder and CEO Shawn Yan said, "Cregis is actively advancing its global layout. By establishing a regional office in Dubai, we hope to fully leverage Cregis's technical strength and industry experience to promote the development of the Middle Eastern market and radiate to markets such as Africa and Europe with Dubai as the core." This strategic layout will further consolidate Cregis's position in the global encrypted market and bring more value to enterprises and users in the region.

Cregis's core products provide comprehensive encrypted asset solutions, combining Wallet as a Service (WaaS) and encrypted payment engines, ensuring efficient asset management while maintaining a high level of security. Cregis's WaaS service allows enterprises to quickly integrate wallet functions without the need to develop from scratch, providing complete transaction APIs and developer documentation. Self-hosted MPC wallets enable users to control private keys, support multi-signature management, and are suitable for complex asset management collaboration. The encrypted payment engine service can help traditional merchants easily accept and manage encrypted currencies from different blockchains and regional payments, achieve T+0 automated settlement, solve the problem of traditional merchants' encrypted currency payment and settlement, and can be applied to common consumption scenarios such as online e-commerce and offline stores.

With the official operation of Cregis's regional office in Dubai, the company will further promote business expansion on a global scale, continuously improve the level of encrypted technology services, and bring more innovation and value to global customers.

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