For most enterprises, digital asset operations begin with wallet infrastructure. This is where Cregis's Wallet-as-a-Service, or WaaS sits within the broader platform architecture. Companies need crypto wallets inside their own product, and building that infrastructure securely is hard and slow. WaaS gives them that whole stack as ready infrastructure.
With a single API, one can build crypto wallets into a product so they generate addresses and process transactions. The controls are built for how a company operates. Approvals can require several sign-offs, the company defines its own risk rules, and address management keeps pace as volume climbs.
For example, a bank that wants to offer crypto connects WaaS to its core banking system through the API. The wallets show up inside the bank's own app, so customers never know a third party runs them, and the bank avoids the year or more it would take to build wallet technology in-house.
Underneath all of it works MPC, the security model that splits each private key into separate pieces. No one person or device ever holds the full key.
A wallet answers where assets are kept and who controls them. Flow answers what happens after money moves through the business.
Flow is the fund flow orchestration layer of the platform. The capability is not a payment processor or a checkout tool. The work happens one level deeper, in how digital assets move between wallets, accounts, entities, and the operational workflows a finance team runs every day.
Collection, routing, payouts, treasury movement, and settlement all run through this one layer. Funds can be pooled from accounts on many chains, routed to the appropriate internal destinations, and paid to partners on whatever schedule the business sets, with manual steps automated.
That covers the full lifecycle of a company's funds, from the point they enter to the point they leave. The Payment Engine works as a component within Flow and extends Cregis to FX brokers, cross-border payment firms, and the wider fintech infrastructure.
In practice, an FX broker without a system for this ends up running its treasury out of a spreadsheet, one person checking balances across currencies and entities and moving funds before the daily cutoff. Flow replaces that with a single layer that collects the money, routes it to the right accounts, and settles with partners on schedule.
As institutional adoption of digital assets grows, secure storage is only part of the challenge. Banks and enterprises also need stronger controls over how assets are managed, approved, and moved.
To support these requirements, Cregis introduced Trust Vault in 2025. Designed for institutional digital asset operations, including custody, treasury, payments, stablecoin and RWA issuance, Trust Vault serves as the trusted key management and governance foundation behind the company's institutional infrastructure.
Built on bank-grade Hardware Security Modules (HSMs), Trust Vault combines secure key management with governance policies, approval workflows, compliance validation, and audit trails in a single operational framework.
Together, these capabilities form the foundation of Cregis Custody, the company's upcoming institutional custody offering. While enterprises can deploy Trust Vault directly within their own governance framework, Cregis Custody builds on the same trusted infrastructure to deliver regulated custody services with institutional-grade security and operational controls.
This is the next step for institutions that have already adopted digital asset infrastructure and now need regulated custody. According to Cregis, the product is already being explored with existing enterprise customers as they prepare to expand from wallet infrastructure into regulated custody services.
Around those three core capabilities, a couple of smaller tools deal with the practical headaches that show up once you run crypto at volume.
TronGas Station: cuts your gas costs for USDT transfers on the Tron network. You pay a small fixed fee in USDT per transaction and skip the usual need to buy and stake TRX, which Cregis says saves up to 60 percent.
Operations and Security Hub: ties the rest of the platform together and hands you role-based permissions, approval rules, transaction analytics, and round-the-clock monitoring. Control stays with you as the team grows.
Before a serious buyer signs off on infrastructure like this, the security review is usually the longest part of the conversation. Cregis has a lot to work with in that review, and most of it holds up.
For institutions with higher security requirements, sensitive keys can be protected inside bank-grade Hardware Security Modules (HSMs) , and CertiK has audited the smart contracts.
None of that would mean much without a record to match, and Cregis has one. Nine years in, the company reports zero security incidents, which in a sector that loses billions to hacks every year is a hard thing to claim.
On the compliance side, Cregis has also built the certifications that institutional procurement teams typically expect from infrastructure providers. SOC 2 Type I and SOC 2 Type II cover how Cregis controls and protects data over time, ISO 27001 is the international standard for information security management.
These certifications are commonly required during enterprise vendor assessments and help streamline security and compliance reviews for regulated financial institutions.
Compliance carries through to how money moves. Cregis screens transactions through Elliptic, two of the main on-chain analytics firms, so the system flags high-risk addresses and tainted funds before they reach your wallets. A policy engine where your team sets its own approval rules keeps every sensitive action logged and traceable.
Cregis fits a range of businesses that handle crypto, but several specific businesses can get the best value out of it:
Banks, financial market infrastructures (FMIs), and exchanges: offer clients digital asset services under their own brand, without building wallet infrastructure or compliance tooling from scratch.
Forex platforms: settle cross-border in 17 fiat currencies on the same day, the kind of speed brokers like ATFX, GTCFX, and MH Markets run on.
PSPs, fintechs, and financial institutions: move money between accounts, entities, and partners from one system, so daily fund operations stop depending on manual reconciliation.
Web3 companies: run treasury, payroll, and DeFi across multiple chains from a single wallet, rather than managing each chain separately.
Most providers in this space operate across different parts of the digital asset infrastructure stack, with varying areas of emphasis such as custody, wallets, or developer tooling.
Fireblocks provides institutional-grade custody and wallet infrastructure; Cobo offers wallet infrastructure alongside developer-focused tooling; Dfns provides infrastructure for embedded wallet use cases.
Cregis takes a more integrated approach, combining wallet infrastructure, fund flow orchestration, and operational governance into a single platform for end-to-end enterprise fund movement.
With a strong foundation in payment, particularly cross-border flows, Cregis also provides a lightweight payment engine, offering a simple entry point for non-crypto or mid-market users to begin building digital asset operations.Digital assets are becoming part of how mainstream finance runs, and that change has exposed a structural problem.
Most companies still manage wallets, fund movement, compliance, and custody on separate tools. Each one works on its own, but getting them to work together takes constant effort.
This is the gap Cregis has spent close to a decade closing. Rather than offering a standalone wallet or payment product, it provides an enterprise infrastructure platform that brings together wallet infrastructure, fund flow orchestration, and institutional governance into a unified operational framework.
By the company's own account, Cregis has never pivoted. It grew by answering one question over and over, and the three products are the answers it productized along the way.
Unlike many crypto companies that evolved through successive pivots, Cregis expanded along a single question: How can enterprises manage digital assets more safely and efficiently?
Over time, customer demand revealed three recurring infrastructure needs – wallet management, fund movement, and asset custody. Those three needs became the pillars the Cregis platform is building on: the wallet layer (WaaS), the fund flow layer (Flow), and the custody layer (Custody).
There is a lot to unpack with Cregis, so before we get into the details, here is a simple overview of what it is and what it does:
| Founded | 2017 |
| Headquarters | Hong Kong, with offices in Singapore, Kuala Lumpur, São Paulo and Dubai |
| Core capabilities | Cregis WaaS, Cregis Flow, and Cregis Custody |
| Main clients | Financial institutions, payment service providers (PSPs), foreign exchange (Forex) brokers, fintechs and Web3 businesses |
| Certifications | SOC 2 Type I and SOC 2 Type II, ISO 27001 |
For most enterprises, digital asset operations begin with wallet infrastructure. This is where Cregis's Wallet-as-a-Service, or WaaS sits within the broader platform architecture. Companies need crypto wallets inside their own product, and building that infrastructure securely is hard and slow. WaaS gives them that whole stack as ready infrastructure.
With a single API, one can build crypto wallets into a product so they generate addresses and process transactions. The controls are built for how a company operates. Approvals can require several sign-offs, the company defines its own risk rules, and address management keeps pace as volume climbs.
For example, a bank that wants to offer crypto connects WaaS to its core banking system through the API. The wallets show up inside the bank's own app, so customers never know a third party runs them, and the bank avoids the year or more it would take to build wallet technology in-house.
Underneath all of it works MPC, the security model that splits each private key into separate pieces. No one person or device ever holds the full key.
A wallet answers where assets are kept and who controls them. Flow answers what happens after money moves through the business.
Flow is the fund flow orchestration layer of the platform. The capability is not a payment processor or a checkout tool. The work happens one level deeper, in how digital assets move between wallets, accounts, entities, and the operational workflows a finance team runs every day.
Collection, routing, payouts, treasury movement, and settlement all run through this one layer. Funds can be pooled from accounts on many chains, routed to the appropriate internal destinations, and paid to partners on whatever schedule the business sets, with manual steps automated.
That covers the full lifecycle of a company's funds, from the point they enter to the point they leave. The Payment Engine works as a component within Flow and extends Cregis to FX brokers, cross-border payment firms, and the wider fintech infrastructure.
In practice, an FX broker without a system for this ends up running its treasury out of a spreadsheet, one person checking balances across currencies and entities and moving funds before the daily cutoff. Flow replaces that with a single layer that collects the money, routes it to the right accounts, and settles with partners on schedule.
As institutional adoption of digital assets grows, secure storage is only part of the challenge. Banks and enterprises also need stronger controls over how assets are managed, approved, and moved.
To support these requirements, Cregis introduced Trust Vault in 2025. Designed for institutional digital asset operations, including custody, treasury, payments, stablecoin and RWA issuance, Trust Vault serves as the trusted key management and governance foundation behind the company's institutional infrastructure.
Built on bank-grade Hardware Security Modules (HSMs), Trust Vault combines secure key management with governance policies, approval workflows, compliance validation, and audit trails in a single operational framework.
Together, these capabilities form the foundation of Cregis Custody, the company's upcoming institutional custody offering. While enterprises can deploy Trust Vault directly within their own governance framework, Cregis Custody builds on the same trusted infrastructure to deliver regulated custody services with institutional-grade security and operational controls.
This is the next step for institutions that have already adopted digital asset infrastructure and now need regulated custody. According to Cregis, the product is already being explored with existing enterprise customers as they prepare to expand from wallet infrastructure into regulated custody services.
Around those three core capabilities, a couple of smaller tools deal with the practical headaches that show up once you run crypto at volume.
TronGas Station: cuts your gas costs for USDT transfers on the Tron network. You pay a small fixed fee in USDT per transaction and skip the usual need to buy and stake TRX, which Cregis says saves up to 60 percent.
Operations and Security Hub: ties the rest of the platform together and hands you role-based permissions, approval rules, transaction analytics, and round-the-clock monitoring. Control stays with you as the team grows.
Before a serious buyer signs off on infrastructure like this, the security review is usually the longest part of the conversation. Cregis has a lot to work with in that review, and most of it holds up.
For institutions with higher security requirements, sensitive keys can be protected inside bank-grade Hardware Security Modules (HSMs) , and CertiK has audited the smart contracts.
None of that would mean much without a record to match, and Cregis has one. Nine years in, the company reports zero security incidents, which in a sector that loses billions to hacks every year is a hard thing to claim.
On the compliance side, Cregis has also built the certifications that institutional procurement teams typically expect from infrastructure providers. SOC 2 Type I and SOC 2 Type II cover how Cregis controls and protects data over time, ISO 27001 is the international standard for information security management.
These certifications are commonly required during enterprise vendor assessments and help streamline security and compliance reviews for regulated financial institutions.
Compliance carries through to how money moves. Cregis screens transactions through Elliptic, two of the main on-chain analytics firms, so the system flags high-risk addresses and tainted funds before they reach your wallets. A policy engine where your team sets its own approval rules keeps every sensitive action logged and traceable.
Cregis fits a range of businesses that handle crypto, but several specific businesses can get the best value out of it:
Banks, financial market infrastructures (FMIs), and exchanges: offer clients digital asset services under their own brand, without building wallet infrastructure or compliance tooling from scratch.
Forex platforms: settle cross-border in 17 fiat currencies on the same day, the kind of speed brokers like ATFX, GTCFX, and MH Markets run on.
PSPs, fintechs, and financial institutions: move money between accounts, entities, and partners from one system, so daily fund operations stop depending on manual reconciliation.
Web3 companies: run treasury, payroll, and DeFi across multiple chains from a single wallet, rather than managing each chain separately.
Most providers in this space operate across different parts of the digital asset infrastructure stack, with varying areas of emphasis such as custody, wallets, or developer tooling.
Fireblocks provides institutional-grade custody and wallet infrastructure; Cobo offers wallet infrastructure alongside developer-focused tooling; Dfns provides infrastructure for embedded wallet use cases.
Cregis takes a more integrated approach, combining wallet infrastructure, fund flow orchestration, and operational governance into a single platform for end-to-end enterprise fund movement.
With a strong foundation in payment, particularly cross-border flows, Cregis also provides a lightweight payment engine, offering a simple entry point for non-crypto or mid-market users to begin building digital asset operations.
| Cregis | Fireblocks | Cobo | Dfns | |
| MPC custody | Yes | Yes | Yes | Yes |
| Wallet API / WaaS | Yes | Yes | Yes | Yes |
| Fund flow orchestration | Yes | Varies | Varies | Varies |
| Tron gas optimization | Yes | — | — | — |
| Crypto off-ramp | Yes | Varies | Varies | — |
| Pricing model | Tiered, with a free tier | Custom quote | Custom quote | Custom quote |
The strengths follow from the same strategy, and so do the limits.
Proven track record: Cregis has operated since 2017 with no major security incidents, more than $300 billion in cumulative transaction volume, and over 4,000 clients across 50+ countries.
Strong balance of capability and cost: Cregis offers a broader range of enterprise capabilities while maintaining a more accessible commercial model, making it an attractive option for organizations that need institutional-grade infrastructure without the cost of large-scale bespoke deployments.
Compliance built into operations: Governance controls, approval workflows, AML screening, and audit trails are integrated into everyday fund operations rather than added as separate tools.
Enterprise-oriented onboarding: Cregis is designed primarily for institutional and enterprise clients, meaning access and evaluation typically require sales-led onboarding, which can slow initial product exploration for smaller teams or early-stage users
Enterprise deployment model: Pricing and architecture vary depending on deployment type (including private deployment and enterprise-grade configurations such as trust vault setups), so engagement typically follows a solution design process rather than a fixed-rate model.
No quick self-serve trial: full access runs through a demo and sales process, with only a limited free tier to test first.
Cregis is built around a simple idea: managing the full lifecycle of digital asset operations through a single platform. Rather than replacing one point solution with another, it aims to reduce the operational complexity that comes from managing multiple vendors and disconnected workflows.
For teams operating at scale, especially exchanges, payment providers, brokers, and Web3 companies with complex transaction flows, this consolidation reduces fragmentation across tools and operational layers.
At the same time, the platform is modular, which means smaller teams or narrower use cases can still start with specific components—such as wallet infrastructure or payment flows—and expand over time as needs evolve.
In that sense, Cregis is less about “size of company” and more about “complexity of operations.”