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DeFinity Markets Adds Chainalysis KYT for Compliance and Risk Management

DeFinity Markets has announced the integration of Chainalysis, a blockchain data platform, into its institutional digital asset platform.

DeFinity Markets has announced the integration of Chainalysis, a blockchain data platform, into its institutional digital asset platform. The move aims to support risk management and compliance measures.

Chainalysis Expands Global Compliance Reach

Chris Park, Chief Risk Officer at DeFinity Markets, Source: LinkedIn

Chainalysis provides blockchain analytics and tools to a global clientele, including government agencies, cryptocurrency exchanges, and financial institutions in over 70 countries. Its technology supports real-time transaction monitoring and has been used to address criminal activities in the digital asset space.

"We are thrilled to bring cutting-edge compliance solutions to our users operating within the dynamic digital asset market,” Chris Park, Chief Risk Officer at DeFinity Markets, remarked.

“This integration seamlessly aligns with our mission to provide transparency and security to our esteemed institutional clients. With the wealth of expertise that Chainalysis brings to the table, we are poised to strengthen our position as the preeminent venue for institutional Digital Asset traders."

Chainalysis KYT Enhances Security

Alex Cable, VP North EMEA, Chainalysis, Source: LinkedIn

DeFinity Markets has integrated Chainalysis’ KYT (Know Your Transaction) solution to improve transaction monitoring. The platform aims to ensure adherence to regulatory protocols while enhancing transparency and security for its clients.

According to DeFinity Markets, this development is part of its strategy to build trust within the digital asset sector, focusing on secure and transparent trading environments for institutional investors.

Alex Cable, VP North EMEA, Chainalysis: "In today’s dynamic cryptocurrency landscape, trust and security are paramount. DeFinity Markets is on a mission to uphold high standards of compliance and . By leveraging blockchain’s inherent transparency, they are able to provide a secure and reliable platform for their clients.”

DeFinity Markets Partners with Fireblocks

Meanwhile, DeFinity Markets has added Fireblocks to its system. Fireblocks, which provides secure infrastructure for blockchain applications, will support storage and transactions for specific API clients, as reported by Finance Magnates.

The integration brings together Fireblocks' security features with DeFinity's trading and settlement functions, aiming to simplify trading processes. The collaboration seeks to enhance security, transparency, and efficiency for institutional clients.

DeFinity Markets has announced the integration of Chainalysis, a blockchain data platform, into its institutional digital asset platform. The move aims to support risk management and compliance measures.

Chainalysis Expands Global Compliance Reach

Chris Park, Chief Risk Officer at DeFinity Markets, Source: LinkedIn

Chainalysis provides blockchain analytics and tools to a global clientele, including government agencies, cryptocurrency exchanges, and financial institutions in over 70 countries. Its technology supports real-time transaction monitoring and has been used to address criminal activities in the digital asset space.

"We are thrilled to bring cutting-edge compliance solutions to our users operating within the dynamic digital asset market,” Chris Park, Chief Risk Officer at DeFinity Markets, remarked.

“This integration seamlessly aligns with our mission to provide transparency and security to our esteemed institutional clients. With the wealth of expertise that Chainalysis brings to the table, we are poised to strengthen our position as the preeminent venue for institutional Digital Asset traders."

Chainalysis KYT Enhances Security

Alex Cable, VP North EMEA, Chainalysis, Source: LinkedIn

DeFinity Markets has integrated Chainalysis’ KYT (Know Your Transaction) solution to improve transaction monitoring. The platform aims to ensure adherence to regulatory protocols while enhancing transparency and security for its clients.

According to DeFinity Markets, this development is part of its strategy to build trust within the digital asset sector, focusing on secure and transparent trading environments for institutional investors.

Alex Cable, VP North EMEA, Chainalysis: "In today’s dynamic cryptocurrency landscape, trust and security are paramount. DeFinity Markets is on a mission to uphold high standards of compliance and . By leveraging blockchain’s inherent transparency, they are able to provide a secure and reliable platform for their clients.”

DeFinity Markets Partners with Fireblocks

Meanwhile, DeFinity Markets has added Fireblocks to its system. Fireblocks, which provides secure infrastructure for blockchain applications, will support storage and transactions for specific API clients, as reported by Finance Magnates.

The integration brings together Fireblocks' security features with DeFinity's trading and settlement functions, aiming to simplify trading processes. The collaboration seeks to enhance security, transparency, and efficiency for institutional clients.

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