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DeFinity Markets, the first full-stack institutional digital asset matching and settlement platform for fiat and digital assets, has integrated Chainalysis' Know Your Transaction (KYT) monitoring solution to enhance its security and compliance capabilities, with the integration allowing DeFinity's compliance team to monitor digital asset transactions in real-time.
In today's press release, DeFinity Markets says that, “This integration is set to bolster transparency and fortify security within the digital asset landscape, aligning with DeFinity’s unwavering dedication to fostering equitable and transparent trading practices.”
The move comes as institutional investors seek greater transparency and security measures in digital asset trading. Chainalysis, which operates in over 70 countries, provides blockchain analytics to government agencies, cryptocurrency exchanges, and financial institutions.
DeFinity Markets specialises in both fiat and digital asset trading through its Electronic Communication Network (ECN), offering access to major cryptocurrencies and stablecoins, alongside traditional currency pairs including GBP, EUR, and USD.
Chris Park, Chief Risk Officer, DeFinity Markets
"We are thrilled to bring cutting-edge compliance solutions to our users operating within the dynamic digital asset market," said Chris Park, Chief Risk Officer at DeFinity Markets. "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."
The platform's ECN operates with a standardised rulebook and embedded anti-money laundering (AML) and know-your-customer (KYC) framework, providing FIX API access to qualified clients.
Alex Cable, VP North EMEA, Chainalysis
Alex Cable, VP North EMEA at Chainalysis, said: “In today's dynamic cryptocurrency landscape, trust and security are paramount. DeFinity Markets is on a mission to uphold high standards of compliance and risk management. By leveraging blockchain's inherent transparency, they are able to provide a secure and reliable platform for their clients.”
