Best Blockchain Technology Companies in Nigeria
The 104 best Blockchain Technology companies in Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Nestcoin.
Ranking the best Blockchain Technology companies in Nigeria by disclosed equity funding, this directory tracks 104 startups sitting on a combined $34M in revealed capital, with Nestcoin leading the pack at $8M and Vibra close behind at $6M. No unicorns yet, but the funding spread tells you the ecosystem is real and diversifying fast. The global blockchain market was valued at roughly $7.4B in 2022 and is projected to compound at 62.73% annually, which means the tailwind behind these Nigerian founders is genuinely enormous. Busha ($4M), Bitmama ($2M) and Wicrypt ($2M) round out the mid-tier, with backers like Adaverse, Flori Ventures and Microtraction doing the most active deal work.
So what's the friction? Regulatory uncertainty is the honest answer, and it's the variable I watch most closely in this market. Security concerns and unclear governance frameworks have slowed institutional capital from moving faster into the region. Still, the directional bet looks solid: blockchain's reach into prediction markets and mobile infrastructure is widening the surface area for Nigerian builders, and demand from traditional financial institutions digitizing their back-end is only accelerating. If you're mapping this space seriously, the 104 companies here are where to start.
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Our analysis of 247 Blockchain Technology companies
$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Blockchain Technology companies in Nigeria
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Nestcoin Platform that builds, operates, and invests in crypto-native products | $8M | 33 mo ago | Seed | Joseph Taiwo Orilogbon Co-Founder & CTO | 2021 | Node.jsTailwind CSSAmazon Web Services+10 | — |
| 2 | Vibra App-based platform for trading in cryptocurrency | $6M | 54 mo ago | Seed | — | 2021 | — | — |
| 3 | Busha App-based trading platform for cryptocurrency | $4M | 54 mo ago | Seed | Moyo Sodipo Co-Founder | 2018 | Webflowcore-jsjQuery+16 | — |
| 4 | QLIP Online NFT marketplace platform | $4M | 59 mo ago | Series A | Karla Obakpolor Founder | 2021 | — | — |
| 5 | Kokoa Finance Online platform offering a stablecoin and a yield generation protocol | $2M | 56 mo ago | Seed | Jwon Do Founder | 2021 | — | — |
| 6 | Bitmama App-based exchange platform for cryptocurrencies | $2M | 35 mo ago | Seed | — | 2017 | WordPressMySQLPHP+22 | — |
| 7 | Xend Finance Defi savings platform for credit unions and cooperatives | $2M | 64 mo ago | Seed | — | 2019 | Node.jsRadix UITailwind CSS+10 | — |
| 8 | Wicrypt Wireless hotspot cryptocurrency mining | $2M | 30 mo ago | Seed | Chidozie Ogbo Co-Founder | 2018 | Cart FunctionalityShopifyVisa+14 | — |
| 9 | Hashgreed Online marketplace for NFT trading | $1M | 46 mo ago | Seed | — | 2021 | — | — |
| 10 | Barnbridge Decentralized tools for assessing risks, analyzing pricing, and investing in debt-yielding assets and… | $1M | 69 mo ago | Seed | Tyler Ward | 2015 | — | — |
| 11 | Partna Provider of multiple payment solutions for businesses | $650K | 54 mo ago | Seed | John Anisere Co-Founder & CTO | 2020 | TurbopackNode.jsTailwind CSS+12 | — |
| 12 | Bundle Africa Digital wallet for cryptocurrencies | $450K | 73 mo ago | Deadpooled | — | 2019 | — | — |
| 13 | FarmBit Asset-backed financing platform for small and large agribusinesses | $240K | 54 mo ago | Seed | Godiya Chonoko Co-Founder | 2021 | — | — |
| 14 | BuyCoins Cryptocurrency exchange | $120K | 96 mo ago | Seed | Eke E Urum Co-Founder | 2017 | — | — |
Top 12 Blockchain Technology companies in Nigeria
#1
Seed · Nigeria · founded 2021 · 100 employees$8.3Mraised▾
Platform that builds, operates, and invests in crypto-native products. Its product portfolio includes Onboard which provides a wallet to manage multiple digital currencies and Metaverse Magna which features play-to-earn games.
- Sep 2023Seed$1.9M
- Feb 2022Seed$6.5M
#2
Seed · Enugu, Enugu · founded 2018 · 29 employees$1.5Mraised▾
Wireless hotspot cryptocurrency mining. Users can mine tokens when anyone accesses your internet hotspot. Its Smart hotspot and network devices allow users to mine the Wicrypt Network Token ($WNT) while sharing their internet connection.
- Dec 2023Grant (prize money)$150K
- Nov 2023Grant (prize money)$200K
- Dec 2021ICO$526.6K
- Oct 2021Seed$1.5M
#3
Seed · Lagos, Lagos · founded 2017 · 46 employees$2Mraised▾
Bitmama is an app-based exchange platform for cryptocurrencies. It allows users to buy & sell cryptocurrencies through an encrypted network. It also offers P2P money transfer solutions. The app is available for Android and iOS platforms.
- Jul 2023Seed—
- Sep 2022Seed$1.6M
- Oct 2021Seed$350K
#4
Seed · Nigeria · founded 2021 · 32 employees$6Mraised▾
App-based platform for trading in cryptocurrency. Offers wallets for buying, selling, and storing cryptocurrencies like Bitcoin, Ethereum, USDT, and more. The app offers a variety of functions like OTC buy and sell, trading, and an academy. The app is available for iOS and Android devices.
- Dec 2021Seed$6M
#5
Seed · Lekki, Lagos · founded 2018 · 49 employees$4.2Mraised▾
App-based trading platform for cryptocurrency. It enables users to buy, store, swap, and sell cryptocurrency with fiat currencies. It also provides a crypto-to-crypto exchange. It supports Bitcoin, Ether, and Litecoin. It offers its mobile application for Android and iOS users.
- Nov 2021Seed$4.2M
#6
Seed · Lagos, Lagos · founded 2021 · 10 employees$1Mraised▾
Online marketplace for NFT trading. The platform provides a blockchain-powered fileweb3 marketplace, a multipurpose NFT web3 marketplace, access to real estate and tech startups ownership, and low-interest DeFI-powered loans, enabling content creators to monetize their craft.
- Jul 2022Seed$1M
#7
Series A · Nigeria · founded 2021$4.1Mraised▾
Online NFT marketplace platform. It enables users to buy, sell, create non-fungible tokens including audio, text, video, picture, digital art, music, and more. Users can showcase private or public collections to fans and collectors in a more media-responsive format than just an NFT link.
- Jul 2021Series A$4.1M
#8
Seed · Nigeria · founded 2021 · 1200 employees$2.3Mraised▾
Online platform offering a stablecoin and a yield generation protocol. Allows users to borrow KSD stablecoin against crypto assets without paying any nominal cost. Offers two tokens including KSD, a crypto-collateralized decentralized stablecoin and Kokoa, a governance token for the Kokoa DAO.
- Sep 2021Seed$2.3M
#9
Seed · Lagos, Lagos · founded 2019 · 2 employees$2Mraised▾
Defi savings platform for credit unions and cooperatives. It enables users to invest and save on stable currencies, stake savings on Defi networks, interest on tokens, and more. It features cross-chain communication with blockchain.
- Feb 2021ICO$2.2M
- Feb 2021Seed$500K
- 2020Seed$1.5M
#10
Seed · Lekki, Lagos · founded 2020$650Kraised▾
Provider of multiple payment solutions for businesses. It offers a range of payment solutions, including the ability to collect and payout in local currencies, onramp and offramp users, and hold and convert between USD and local currencies. It offers products such as payment API, B2B payments and FX.
- Dec 2021Seed$650K
#11
Seed · Lagos, Lagos · founded 2015 · 6 employees$1Mraised▾
Decentralized tools for assessing risks, analyzing pricing, and investing in debt-yielding assets and financial instruments. It allows users to buy and sell fixed income and hedging securities. It also provides a forum for DAO members to submit proposals and vote on them and risk management solutions for Defi assets
- Sep 2020Seed$1M
#12
Seed · Abuja, Kebbi · founded 2021$240Kraised▾
Asset-backed financing platform for small and large agribusinesses. It enables users to provide warehouse financing, NFT-based lending, and more. It provides liquidity, decentralized insurance, digital asset security, and more.
- Nov 2021Seed$240K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Blockchain Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.