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Record sog_st_cngn_wrappedcbdc
cNGN/Compliant Naira
Also recorded as cNGN, Compliant Naira, WrappedCBDC cNGN
- Lifecycle
- Active
- Issuance
- Open
- Reference target
- Unknown reference target
- Primary organization
- WrappedCBDC Limited
No additional recorded relationship - Launch
- 2025-02-03
- Redemption
- Issuer Redemption Verified Users
- Backing
- Unknown
- Stabilization
- Issuer redemption
- Last review
- 2026-09-04
- Evidence
- 4 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Nigerian-naira stablecoin issued by WrappedCBDC Limited, backed 1:1 by Naira-denominated reserves and available across multiple blockchain networks.
| Name | Compliant Naira |
|---|---|
| Symbol | cNGN |
| Aliases | cNGN, Compliant Naira, WrappedCBDC cNGN |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Open |
| Canonical record ID | sog_st_cngn_wrappedcbdc |
| Route slug | cngn-wrappedcbdc |
| Record confidence | High |
| Last reviewed | 2026-09-04 |
- Name
- Compliant Naira
- Symbol
- cNGN
- Aliases
- cNGN, Compliant Naira, WrappedCBDC cNGN
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Open
- Canonical record ID
sog_st_cngn_wrappedcbdc- Route slug
cngn-wrappedcbdc- Record confidence
- High
- Last reviewed
- 2026-09-04
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 4 |
| Reserve reports | 0 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 9 |
| Issuer-control actions | 0 |
| Open questions | 1 |
| Events | 1 |
Material concerns
What the reviewed record does not let you assume
Active status and verified evidence are not safety endorsements. Unknown means the reviewed record does not support a stronger conclusion.- Reserve verification
- Not independently evidenced in the registry
- Material known unknowns
- 1 open
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Centralized
- Primary display organization
- WrappedCBDC Limited
- Primary display role
- Legal issuer
- Relationship coverage
- 1 recorded relationship
Control and relationship coverage
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 9 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 9 not recorded
- Deployment control-event references
- 1
- Observed issuer-control events
- 0
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| WrappedCBDC Limited | Unknown or not yet classified | Unknown or unresolved | Nigeria | Legal issuer | Primary display | 2025-02-03 | Not yet recorded | Active relationship |
Unknown or not yet classified
Primary displayWrappedCBDC Limited
- Functional role
- Legal issuer
- Relationship status
- Active relationship
- Regulatory character
- Unknown or unresolved
- Jurisdiction
- Nigeria
- From
- 2025-02-03
- Until
- Not recorded
Mechanism
How the asset works
Primary operating facts are shown first. Classification and methodology details remain available below.- Reference target
- Unknown reference target
- Public backing model
- Unknown
- Primary stabilization mechanism
- Issuer redemption
- Redemption / exit model
- Issuer Redemption Verified Users
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- No recorded change · Accrual: No recorded change
Classification and mechanism details
- Reference kind
- Fiat
- Comparison category
- Unknown reference category
- Target value
- 1
- Reference methodology
- WrappedCBDC Terms define cNGN as a 1:1 tokenized representation of the Nigerian Naira.
- Canonical backing types
- Bank Deposits, Other
- Reserve component categories
- Other
- Recorded model description
- Fiat Reserve Backed
- Classification notes
- Privately issued NGN stablecoin under Nigerian SEC oversight, minted against Naira deposits and redeemable to Naira by verified users. 'other' preserves the issuer's broader Naira-denominated reserve-asset wording without inventing a current allocation.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Nigerian Naira-denominated reserve assets held for cNGN holdersOther · 100% · Primary issuer material establishes 1:1 Naira backing and approved-commercial-bank reserve holdings. Exact current allocation across deposits, securities or funds is deliberately not inferred here.
| Disclosure status | Issuer Reserve and Audit Disclosure |
|---|---|
| Backing types | Bank Deposits, Other |
| Summary | WrappedCBDC states cNGN is backed 1:1 by Nigerian Naira-denominated assets, with Naira reserves maintained in approved commercial banks under regulatory oversight and reserve reports published regularly. |
| As of | 2026-09-03 |
| Profile confidence | High |
- Disclosure status
- Issuer Reserve and Audit Disclosure
- Backing types
- Bank Deposits, Other
- Summary
- WrappedCBDC states cNGN is backed 1:1 by Nigerian Naira-denominated assets, with Naira reserves maintained in approved commercial banks under regulatory oversight and reserve reports published regularly.
- As of
- 2026-09-03
- Profile confidence
- High
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | NGN |
| Eligible parties | Verified users with KYC-compliant accounts may burn cNGN to receive equivalent Naira to a designated account. |
| Retail access | Available Subject to Verification |
| Institutional access | Available Subject to Verification |
| Minimum amount | not established |
| Fee | subject to applicable network and processing fees |
| Settlement time | not established |
| Regional limits | Account Verification Required |
- Current status
- Eligible Customers Only
- Settlement asset
- NGN
- Eligible parties
- Verified users with KYC-compliant accounts may burn cNGN to receive equivalent Naira to a designated account.
- Retail access
- Available Subject to Verification
- Institutional access
- Available Subject to Verification
- Minimum amount
- not established
- Fee
- subject to applicable network and processing fees
- Settlement time
- not established
- Regional limits
- Account Verification Required
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| No reserve reports have been added yet. | ||||
No reserve reports have been added yet.
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Standard | Deployment type | Operational state | Contract or identifier |
|---|---|---|---|---|
| Bantu | Unknown after review | Issuer- or institution-supported deployment | Active | GD6G2NT7CQHPIYHA52KZHWB6ONNWTSGZOOLTRLRASENM2VWSF6CHYFRX |
Technical, canonicality, and control fields
| ||||
| AssetChain | ERC-20 | Issuer- or institution-supported deployment | Active | 0x7923C0f6FA3d1BA6EAFCAedAaD93e737Fd22FC4F |
Technical, canonicality, and control fields
| ||||
| Base | ERC-20 | Issuer- or institution-supported deployment | Active | 0x46C85152bFe9f96829aA94755D9f915F9B10EF5F |
Technical, canonicality, and control fields
| ||||
| BNB Chain | ERC-20 | Issuer- or institution-supported deployment | Active | 0xa8AEA66B361a8d53e8865c62D142167Af28Af058 |
Technical, canonicality, and control fields
| ||||
| Ethereum | ERC-20 | Issuer- or institution-supported deployment | Active | 0x17CDB2a01e7a34CbB3DD4b83260B05d0274C8dab |
Technical, canonicality, and control fields
| ||||
| Polygon | ERC-20 | Issuer- or institution-supported deployment | Active | 0x52828daa48C1a9A06F37500882b42daf0bE04C3B |
Technical, canonicality, and control fields
| ||||
| Lisk | ERC-20 | Issuer- or institution-supported deployment | Active | 0xC7aB2C35Ea37236e644C24A4E4a1911c082887c0 |
Technical, canonicality, and control fields
| ||||
| Solana | SPL Token | Issuer- or institution-supported deployment | Active | 3jiqwBQVRC5zRwHyqvnkQurebJ5RNxg3F5fXMwaxgkv8 |
Technical, canonicality, and control fields
| ||||
| Celo | ERC-20 | Issuer- or institution-supported deployment | Active | 0xF6829D7393dAe24509eb1E52eE8e572e2E271a4f |
Technical, canonicality, and control fields
| ||||
Network
ActiveBantu
- Standard
- Unknown after review
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- GD6G2NT7CQHPIYHA52KZHWB6ONNWTSGZOOLTRLRASENM2VWSF6CHYFRX
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Bantu mainnet deployment.
Network
ActiveAssetChain
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0x7923C0f6FA3d1BA6EAFCAedAaD93e737Fd22FC4F
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this AssetChain mainnet deployment.
Network
ActiveBase
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0x46C85152bFe9f96829aA94755D9f915F9B10EF5F
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Base mainnet deployment.
Network
ActiveBNB Chain
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0xa8AEA66B361a8d53e8865c62D142167Af28Af058
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this BNB Chain mainnet deployment.
Network
ActiveEthereum
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0x17CDB2a01e7a34CbB3DD4b83260B05d0274C8dab
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Ethereum mainnet deployment.
Network
ActivePolygon
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0x52828daa48C1a9A06F37500882b42daf0bE04C3B
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Polygon mainnet deployment.
Network
ActiveLisk
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0xC7aB2C35Ea37236e644C24A4E4a1911c082887c0
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Lisk mainnet deployment.
Network
ActiveSolana
- Standard
- SPL Token
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 3jiqwBQVRC5zRwHyqvnkQurebJ5RNxg3F5fXMwaxgkv8
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Solana mainnet deployment.
Network
ActiveCelo
- Standard
- ERC-20
- Deployment type
- Issuer- or institution-supported deployment
- Contract or identifier
- 0xF6829D7393dAe24509eb1E52eE8e572e2E271a4f
Technical, canonicality, and control fields
- Network record state
- Specific network recorded
- Canonical deployment type
- Issuer Native Token
- Recorded status
- Active
- Change or proposal state
- No separate change state recorded
- Canonicality
- Issuer-native deployment
- Canonicality record state
- Canonicality recorded
- Verification state
- Identifier recorded; verification not recorded
- Contract identity state
- Identifier recorded
- Freeze
- Not yet recorded
- Blacklist
- Not yet recorded
- Control events
- 1
- Notes
- WrappedCBDC official repository lists this Celo mainnet deployment. This record remains explicitly namespaced from the separate Mento cNGN symbol lineage.
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| cNGN Terms and Conditions Published Not yet recorded | WrappedCBDC Limited | Legal terms or disclosure Canonical: Terms of Service | Subject-controlled source | Primary source | Identity, Issuer, Backing, Reserve, Redemption, Legal, Cngn Issuer Ngn Mint Redemption Kyc Terms | Archive index or wildcard | High |
| cNGN current reserve and circulation page Published Not yet recorded | cNGN / WrappedCBDC Limited | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Identity, Issuer, Backing, Reserve, Current State, Cngn Current Circulation Reserve Backing and Issuer | Archive index or wildcard | High |
| WrappedCBDC stablecoin-cngn mainnet deployments Published Not yet recorded | WrappedCBDC | Technical documentation or repository Canonical: Official Repository | Technical primary source | Primary source | Deployment, Contract, Control, Cngn Mainnet Contract Addresses and Control Features | Archive index or wildcard | High |
| Inside WrappedCBDC's plan to turn the naira into a high-speed digital rail Published 2025-12-12 | TechCabal | Independent news or analysis Canonical: News Report | Independent third-party source | Secondary source | Launch, Issuer, Backing, Cngn First Listing 20250203 Launch Boundary | Archive index or wildcard | Medium |
Legal terms or disclosure
HighcNGN Terms and Conditions
- Publisher
- WrappedCBDC Limited
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Identity, Issuer, Backing, Reserve, Redemption, Legal, Cngn Issuer Ngn Mint Redemption Kyc Terms
- Archive
- Archive index or wildcard
- Reliability
- High
Official documentation or product page
HighcNGN current reserve and circulation page
- Publisher
- cNGN / WrappedCBDC Limited
- Published
- Not yet recorded
- Provenance
- Subject-controlled source
- Primary or secondary
- Primary source
- Supported claims
- Identity, Issuer, Backing, Reserve, Current State, Cngn Current Circulation Reserve Backing and Issuer
- Archive
- Archive index or wildcard
- Reliability
- High
Technical documentation or repository
HighWrappedCBDC stablecoin-cngn mainnet deployments
- Publisher
- WrappedCBDC
- Published
- Not yet recorded
- Provenance
- Technical primary source
- Primary or secondary
- Primary source
- Supported claims
- Deployment, Contract, Control, Cngn Mainnet Contract Addresses and Control Features
- Archive
- Archive index or wildcard
- Reliability
- High
Independent news or analysis
MediumInside WrappedCBDC's plan to turn the naira into a high-speed digital rail
- Publisher
- TechCabal
- Published
- 2025-12-12
- Provenance
- Independent third-party source
- Primary or secondary
- Secondary source
- Supported claims
- Launch, Issuer, Backing, Cngn First Listing 20250203 Launch Boundary
- Archive
- Archive index or wildcard
- Reliability
- Medium
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Reserve Segregation Insolvency and Current Allocation | Primary materials establish 1:1 Naira backing, approved-commercial-bank reserve holdings, regular reserve reporting, current circulation and direct verified-user redemption, but exact reserve-account segregation, bankruptcy-remoteness treatment, current reserve allocation by asset class and all current custodial institutions are not fully established in the reviewed primary sources. | Unknown after review | Medium | 2026-09-04 |
Reserve Segregation Insolvency and Current Allocation
Primary materials establish 1:1 Naira backing, approved-commercial-bank reserve holdings, regular reserve reporting, current circulation and direct verified-user redemption, but exact reserve-account segregation, bankruptcy-remoteness treatment, current reserve allocation by asset class and all current custodial institutions are not fully established in the reviewed primary sources.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-09-04
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2025-02-03 | WrappedCBDC cNGN live circulation and current operational state | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- WrappedCBDC LimitedNigeria
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.