Digital Asset Platform Matrixport Signs Up Chainalysis for Compliance, Fraud Monitoring

Matrixport has enlisted the assistance of Chainalysis to provide compliance, fraud monitoring, risk assessment, and more. Matrixport is a Singapore based digital asset platform that is a prime brokerage, spot trading, lending, asset management and more.

Christopher Liu, Chief Compliance Officer at Matrixport, said that compliance is the cornerstone of Matrixport’s institutional risk management framework, and they are committed to implementing the highest standards. Liu added that Chainalysis holds the industry benchmark for compliance within the digital asset ecosystem.

Joshua Foo, Regional Director, ASEAN, and Central Asia, Chainalysis, stated:

“We are excited to collaborate with Matrixport and enable their team to launch their cryptocurrency offerings with high regulatory compliance standards in place. We look forward to working closely with Matrixport to build stronger trust in blockchain and cryptocurrency, and provide a safer environment for their customers.”

Chainalysis’ compliance suite includes KYT (Know Your Transaction), AML (Anti-Money Laundering) tools, as well as real-time transaction monitoring for all cryptocurrency assets.

Singapore is a popular jurisdiction for digital asset innovation. At the same time, government authorities have been stepping up compliance requirements for firms that engage in crypto.


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