COMPLY and ZenLedger Partner to Deliver First Integrated Digital Asset Compliance Solution
Summary
As cryptocurrency popularity continues to surge, and regulatory pressures on these assets increase, firms will need technology-backed solutions," said David Bliss, COMPLYs Chief Product Officer. Financial services firms did not have a real-time, automated solution for digital asset monitoring, and were forced to conduct the process manually, relying on employee-provided data such as cryptocurrency wallet screenshot uploads. As global adoption grows and regulation continues to intensify, COMPLY and ZenLedgers partnership is a groundbreaking step towards providing a vital solution that simplifies compliance processes and ensures that individuals and businesses are well-prepared for the evolving regulatory landscape. Our deep bench of industry expertise – which includes expansive knowledge in technology enablement and regulatory compliance protocols and processes from our product portfolio offerings ComplySci, RIA in a Box and NRS – supports more than 7,000 clients, including investment management firms, private equity firms, hedge funds, broker-dealers, registered investment advisers and other financial service sector participants. ZenLedger helps cryptocurrency investors, tax professionals, and enterprises stay compliant with integration support for over 400+ exchanges, 40+ blockchains, 20+ DeFi protocols, NFTs, and all wallets.