HashKey Global Partners with Solidus Labs to Elevate Real-Time Trade Surveillance
23 Abril 2024 - 7:00PM
Business Wire
HashKey Global, one of the flagship global digital asset
exchanges under HashKey Group, announced today its partnership with
Solidus Labs, a pioneer in crypto-native compliance and security
solutions. By leveraging Solidus' technology, HashKey Global was
able to swiftly establish comprehensive surveillance capabilities
across both spot and soon-to-be-launched derivatives markets on
HashKey Global, its newly launched Bermuda-licensed exchange.
The partnership between HashKey Global and Solidus Labs will
focus on trade surveillance for both spot and derivatives markets
on the exchange. The collaboration will facilitate real-time
alerting and market inspection, ensuring robust monitoring and
detection of suspicious activities.
"Solidus Labs emerged as the ideal partner for us due to their
expertise in trade surveillance and deep understanding of the
cryptocurrency landscape," said Ben El-Baz, Managing Director of
HashKey Global. "Their on- and off-chain detection algorithms,
coupled with a holistic compliance platform, align perfectly with
our vision for advancing regulatory compliance and market integrity
on our platform."
In a remarkable feat of efficiency, HashKey Global and Solidus
Labs have achieved an implementation timeline spanning a mere two
weeks from contract signing to go-live target. The agility
demonstrated in this rapid implementation was made possible by
Solidus Labs' crypto-native architecture and algorithm design,
which are engineered for scalability and flexibility.
"The success of this swift implementation - internally dubbed as
‘real-time in no-time’, not only showcases the technical prowess of
both HashKey Global and Solidus Labs but also underscores our
shared commitment to driving innovation and upholding the highest
standards of regulatory compliance and market integrity within the
digital asset ecosystem," said Asaf Meir, Solidus Labs’ Founder
and Chief Executive. "We are excited to support HashKey Group
in their mission to extend its ‘Regulated Model’ globally and
establish HashKey Global as a trusted, secure, and compliant
digital asset trading platform.”
About HashKey Global
HashKey Global is one of the flagship global digital asset
exchanges under HashKey Group, offering licensed digital asset
trading services to users worldwide. HashKey Global has obtained a
license from the Bermuda Monetary Authority with the potential to
provide mainstream trading and service products such as LaunchPad,
contracts, leverage, and staking.
For more details, please visit global.hashkey.com
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About Solidus Labs
Solidus Labs is the category-definer for crypto-native market
integrity solutions - trade surveillance, transaction monitoring,
and threat intelligence. Our mission is to enable safe crypto
trading throughout the investment journey across all centralized
and DeFi markets. As the founder of industry-leading initiatives
like the Crypto Market Integrity Coalition and DACOM Summit, and in
everything we do, Solidus is deeply committed to ushering in the
financial markets of tomorrow. To learn more, please visit:
https://soliduslabs.com/
Disclaimer:
HashKey Global is a digital asset trading platform operated by
HashKey Bermuda Limited under a Type F license granted by the
Bermuda Monetary Authority. This information does not constitute an
offer, solicitation, or recommendation for any investment product.
Investing and trading virtual assets involve risks. HashKey Global
does not service users from Hong Kong, United States, Mainland
China and certain other jurisdictions in compliance with laws and
regulations. Certain services, features, and campaigns may not be
available in your jurisdiction.
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version on businesswire.com: https://www.businesswire.com/news/home/20240423105754/en/
Solidus Labs Media: Trevor Davis Gregory FCA for Solidus
Labs 443.248.0359 trevor@gregoryfca.com