Dialogue with Cregis Asia Pacific Business Director: From enterprise wallets to payment engines, unlocking the compliant future of Web3 infrastructure

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Guest:Eric, Business Head of Cregis Asia Pacific

Interview: momo, ChainCatcher

The global crypto regulatory landscape is being pieced together at an unprecedented speed. The US FIT21, Singapore MAS new regulations, and EU MiCA have successively landed, making compliance no longer an optional choice for Web3, but an entry ticket. Whether for Web3 native enterprises or traditional financial institutions eager to go on-chain, the demand for compliant Web3 infrastructure is surging.

Cregis is one of the earliest service providers focusing on Web3 compliance infrastructure, dedicating itself to providing compliant wallet, custody, and payment solutions for enterprises since 2017. It has served over 3,500 enterprise customers, with custody funds exceeding $60 billion, maintaining a zero security incident record.

During the Malaysia Blockchain Week, ChainCatcher exclusively interviewed Eric, the Asia Pacific Business Head of Cregis. With over 13 years of payment and fintech experience, he has gone through the evolution from American Express and Western Union to Web3 deposit and withdrawal business.

In this conversation, Eric shared Cregis's underlying logic - why they insist on doing compliance infrastructure? How to seize crypto regulation and crypto payment dividends, and build a "plug-and-play" compliance engine for enterprises? Additionally, he revealed Cregis's key roadmap for 2025.

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If focusing on a single use case, it often only lasts 1-2 years and becomes silent once the narrative passes. However, "financial pipelines" such as wallets, custody, and payment are the underlying needs that will always exist in the crypto world. I have always focused on payment and capital flow because "money" is the underlying language of all business.

Cregis has been operating for 8 years, which itself validates the sustainability and correctness of this strategy.

7、ChainCatcher: When building a digital asset infrastructure ecosystem for enterprises, why did you choose to first cut into "wallet + payment"? How will you expand horizontally in the future?

Eric:Wallet and payment are the first link when enterprises access Web3, with concentrated challenges and clear demands. Many enterprises face issues such as scattered on-chain asset management, complex reconciliation processes, and lack of mature tools.

We first build the wallet as the main capital channel for enterprises, then overlay automatic reconciliation, compliance audit, risk control strategies, and financial tools, gradually building an enterprise service system that can be horizontally expanded. Starting from the infrastructure layer ensures that enterprises can flexibly use an "appropriate tool combination" at different development stages.

8、ChainCatcher: Will doing wallets and on-chain payments conflict with the traditional banking system?

Eric:I believe it is more complementary rather than conflicting. Traditional cross-border payment processes are lengthy, involving multiple intermediary institutions, with high handling costs, slow arrival times, and risks of being frozen by risk control. I personally experienced a dollar fund transfer from Hong Kong being frozen by a bank for nearly a month.

On-chain payments have characteristics such as instant arrival, fully traceable process, and immutability, effectively making up for the lack of transparency and efficiency in traditional systems. We are currently in the "payment 2.5 stage", and the traditional system remains irreplaceable in the short term, but on-chain settlement can already achieve significant efficiency improvements. As infrastructure is further improved, we believe Web3 payment 3.0 will arrive soon.

9、ChainCatcher: What are the core advantages of Cregis' infrastructure services? Why can it attract 3500+ enterprise customers?

Eric:Cregis' competitiveness is reflected in three aspects:

  1. Quick access. The website and App have a full self-service process, allowing customers to complete activation and deployment in a short time.

  2. Broad asset coverage. Cregis supports over 85 mainstream Tokens, covering BTC, ETH, and various EVM public chains. Customers can quickly list their own Token and apply to integrate new chains based on business needs.

  3. Strong security. As a self-custodial MPC wallet service provider, Cregis has never had any security incidents in eight years. Customers completely control their private keys, and we also provide offline signature tools to deal with extreme situations, ensuring assets can be emergency-adjusted at any time.

These advantages combined allow Cregis to serve both traditional institutions and Web3 native enterprises.

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In terms of products, we will continue to upgrade wallet infrastructure, enhance API flexibility and integration depth, and launch a more flexible tiered pricing mechanism to better cover the differentiated needs of startups and large institutional clients.

In terms of ecosystem cooperation, we plan to establish strategic partnerships with multiple public chains, expanding the range of asset support and chain integration depth. Meanwhile, we will maintain brand exposure in key regions and continue to participate in core conferences such as Dubai IFX Expo, Singapore TOKEN2049, and Singapore FinTech Festival, establishing a closer dialogue mechanism with the market, regulators, and partners.

Our goal is to continue to drive infrastructure in the Asia-Pacific market, helping more enterprises to enter Web3 efficiently, safely, and compliantly.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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