Eben Ghanney, CEO WeWire
WeWire, a global cross-border infrastructure and payments fintech, has been admitted into the Securities and Exchange Commission’s (SEC) Virtual Assets Regulatory Sandbox.
The company joins eight other firms selected to pilot new virtual asset products under Ghana’s Virtual Asset Service Providers Act, 2025 (Act 1154).
WeWire will use the sandbox to pilot the tokenisation of trade finance, exploring how trade finance instruments can be represented and settled as digital tokens.
The move comes as cross-border trade across Africa and emerging markets continues to face capital inefficiencies, settlement delays and liquidity bottlenecks. The company says tokenising real-world trade finance assets offers a programmable, transparent and immediate avenue for capital clearing and settlement.
The admission marks another step in WeWire’s drive to build compliant, secure and modern financial infrastructure. It builds on its earlier participation in the Bank of Ghana Regulatory Sandbox, where it worked with monetary regulators to develop blockchain-based payment solutions and stablecoin liquidity rails as the only cross-border payments company in that cohort.
“Unlocking liquidity for businesses in emerging markets requires more than just faster rails, it requires bringing institutional-grade assets and real-world trade into the digital age,” said Eben Ghanney, CEO of WeWire.
“Being part of this sandbox is a continuation of something we’ve believed from day one; that African-built fintech can meet the highest regulatory standards while solving problems that are genuinely ours to solve. Trade finance is one of the biggest friction points for businesses trying to move goods and money across our borders.
“This Sandbox allows us to demonstrate how tokenisation can lower barriers, reduce friction, and drastically cut the costs associated with cross-border trade. Having previously collaborated with the Bank of Ghana in their sandbox, we appreciate the SEC’s forward-thinking regulatory framework,” he added.
Under SEC supervision, WeWire will explore how blockchain-based asset tokenisation can streamline trade finance workflows, optimise working capital for importers and exporters, and enable seamless settlement between traditional financial networks and digital asset rails.
The initiative aligns with a broader trend in Ghana’s capital markets where established entities and innovators are advancing tokenisation of traditional instruments, including Treasury bills, bonds and physical commodities.
The sandbox admission comes amid rapid product expansion for WeWire. The company recently unveiled its B2B API Infrastructure, enabling financial institutions, fintechs and global enterprises to integrate embedded finance capabilities.
With a few lines of code, businesses can leverage WeWire’s API rails to launch multi-currency account creation for collection and payout, access localised fiat payments across 100+ countries, and enjoy instant, low-cost cross-border liquidity and settlement using stablecoin rails.
With regulatory coverage including licenses from the Bank of Canada and FSC Mauritius alongside its sandbox engagements in Ghana, WeWire says it is removing the technical and compliance overhead traditionally required to power borderless commerce.
A Business Desk Report