Best Cryptocurrencies Companies in Nigeria
The 87 best Cryptocurrencies companies in Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Nestcoin.
Nigeria's cryptocurrency sector has 87 tracked companies and $29M in disclosed funding — and if you're trying to find where the real capital is concentrated, this directory ranks the best Cryptocurrencies companies in Nigeria by equity raised and recent funding momentum.
Nestcoin leads at $8M, followed by Vibra at $6M and Busha at $4M. That top tier pulls hard against a long tail where most entrants have raised under $2M, which tells you something about how early this market still is. The sector's global CAGR sits at roughly 4.6%, driven by crypto's expanding role as both a payment rail and a savings vehicle for populations underserved by traditional banking. Nigeria fits that thesis tightly. Stablecoins especially are absorbing local FX pressure, and coverage of that theme is accelerating this quarter. Active backers like Flori Ventures, Microtraction, and Adaverse are clearly paying attention, showing up repeatedly across the funding stack. I'd watch Adaverse in particular given their Africa-focused mandate and portfolio density here.
Uncertain regulatory status remains the structural overhang. Concerns around security and privacy haven't slowed deal flow, but they do shape which founders raise and on what terms. Analysts tracking crypto tiers heading into 2025-2026 are sorting winners partly on regulatory resilience. That lens applies directly to the Nigerian cohort here.
Our analysis of 50 Cryptocurrencies companies
$7.1b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2026.
Ranked: Best Cryptocurrencies 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 | Kokoa Finance Online platform offering a stablecoin and a yield generation protocol | $2M | 56 mo ago | Seed | Jwon Do Founder | 2021 | — | — |
| 5 | Bitmama App-based exchange platform for cryptocurrencies | $2M | 35 mo ago | Seed | — | 2017 | WordPressMySQLPHP+22 | — |
| 6 | Xend Finance Defi savings platform for credit unions and cooperatives | $2M | 64 mo ago | Seed | — | 2019 | Node.jsRadix UITailwind CSS+10 | — |
| 7 | Wicrypt Wireless hotspot cryptocurrency mining | $2M | 30 mo ago | Seed | Chidozie Ogbo Co-Founder | 2018 | Cart FunctionalityShopifyVisa+14 | — |
| 8 | Barnbridge Decentralized tools for assessing risks, analyzing pricing, and investing in debt-yielding assets and… | $1M | 69 mo ago | Seed | Tyler Ward | 2015 | — | — |
| 9 | Partna Provider of multiple payment solutions for businesses | $650K | 54 mo ago | Seed | John Anisere Co-Founder & CTO | 2020 | TurbopackNode.jsTailwind CSS+12 | — |
| 10 | Bundle Africa Digital wallet for cryptocurrencies | $450K | 74 mo ago | Deadpooled | — | 2019 | — | — |
| 11 | FarmBit Asset-backed financing platform for small and large agribusinesses | $240K | 54 mo ago | Seed | Godiya Chonoko Co-Founder | 2021 | — | — |
| 12 | BuyCoins Cryptocurrency exchange | $120K | 96 mo ago | Seed | Eke E Urum Co-Founder | 2017 | — | — |
Top 12 Cryptocurrencies 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 · 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
#7
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
#8
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
#9
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
#10
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
#11
Funding Raised · Lagos, Lagos · founded 2021$3Kraised▾
Web3 community offering training programms for blockchain. It offers a community programm that equips women with relevant Blockchain skills to contribute and disrupt the web3 ecosystem. It also offers mentorship programms for blockchain enthusiasts.
- Oct 2023Grant (prize money)$3K
#12
Deadpooled · Lagos, Lagos · founded 2019 · 50 employees$450Kraised▾
Bundle is a digital wallet for cryptocurrencies. It allows users to send, receive, and store digital assets through app-based platforms. Offers tools to withdraw funds and make payments for purchasing goods and services. The application can be accessed on iOS and Android devices.
- Apr 2020Seed$450K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Cryptocurrencies coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Cryptocurrency is moving in Nigeria
A read on the academic research around Cryptocurrency — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 240 Nigeria-affiliated papers.
- Lead City University14
- The Federal Polytechnic, Ado-Ekiti12
- University of Port Harcourt12
- Nnamdi Azikiwe University10
- Babcock University10
- Blockchain7
- Database transaction3
- Hash function2
- Cryptography2
- Algorithmic trading2
- Digital currency17
- Volatility (finance)14
- Computer security14
- Blockchain13
- Payment13
- Digital currency31
- Computer security20
- Blockchain19
- Government (linguistics)15
- Database transaction12
Where cryptocurrency is researched across Nigeria
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
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.