VerifyVASP

VerifyVASP is a global RegTech company founded in 2019 and headquartered in Singapore, dedicated to providing best-in-class Travel Rule compliance solutions for Virtual Asset Service Providers (VASPs). The company has pioneered secure, scalable technology that enables VASPs to meet FATF Recommendation 16 requirements—mandating the secure exchange of originator and beneficiary information during virtual asset transfers. Trusted by 150+ member VASPs across 30+ jurisdictions, including leading exchanges such as Upbit, BingX, OKX, Bybit, BitMEX, Bitget, Crypto.com, HTX, Gate.io, and HashKey, the platform has processed over $400 billion in transaction volume.

Core Products

VerifyVASP offers three purpose-built API products for virtual asset compliance:

• TravelRule API: A complete Travel Rule compliance solution for FATF-obliged VASPs, enabling real-time, end-to-end encrypted exchange of originator and beneficiary data via a decentralized peer-to-peer architecture. Supports both 1st-party and 3rd-party transactions with built-in identity verification, sanctions screening, and transaction monitoring.
• VerifyName API: An Enhanced Due Diligence (EDD) solution for VASPs transacting with counterparts in non-Travel-Rule-obliged jurisdictions. Verifies that originator and beneficiary identities match, strictly allowing only 1st-party transactions, with a 91.7% successful verification rate in under 0.2 seconds.
• VerifyWallet: A wallet ownership verification tool that confirms control of self-hosted (non-custodial) wallet addresses before asset transfers. Helps VASPs comply with regulations on withdrawals to personal wallets using cryptographic digital signature challenges and micro-transaction methods.

Key Strengths

VerifyVASP is SOC2 Type II certified and DORA-ready, with compliance validated through independent audit. The platform operates on a decentralized peer-to-peer architecture, ensuring sensitive data is exchanged without centralized storage. Beneficiary verification is completed in under 0.2 seconds, enabling frictionless compliance. The company actively participates in FATF public consultations, industry working groups, and public-private partnerships to drive regulatory alignment across markets.

Notable Clients

Upbit Singapore, BingX, OKX, Bybit, Crypto.com, HTX, Gate.io, HashKey, Amber Group, Flipster, and 140+ other VASPs across 30+ jurisdictions.

Why Choose VerifyVASP

VerifyVASP combines deep expertise in finance, technology, and regulation to deliver tools that meet current compliance standards while adapting to the evolving virtual asset landscape. The company's commitment to data privacy (PDPA, GDPR compliant), proven scalability ($400B+ transaction volume), and regulatory leadership make it the go-to Travel Rule solution for institutions seeking reliable, secure, and efficient compliance infrastructure.