A compliance, counterparty-screening and digital-asset platform for the international market — on track for a MiCA licence and CASP status in the European Union.
The project's first product is a platform for comprehensive counterparty screening before financial transactions and business operations. Screening covers:
International regulators' sanctions lists
PEP checks (Politically Exposed Persons)
Detection of links to financial crime
AML / CTF risk analysis
Checks against global databases and registries
Monitoring of reputational and legal risks
The platform complies with European AML and CTF legislation and FATF recommendations.
Key partner for data collection, analysis and processing. Integration with Sumsub's infrastructure provides access to international databases, sanctions lists, customer identification tools and world-class risk analytics.
Building on the AML/KYC technology already in place, the project is evolving into a full FinTech ecosystem. The company has officially added digital-asset operations to its scope of activity.
Engagement with the financial regulator has begun as part of obtaining a MiCA licence (Markets in Crypto-Assets Regulation).
An official letter has been received from the supervisory authority confirming the ability to prepare and submit the documentation package for licensing in accordance with MiCA requirements.
This lays the foundation for obtaining CASP status — Crypto-Asset Service Provider — and operating across the EU.
Corporate banking opened at three European banks
Full client onboarding system implemented
In-house AML/KYC infrastructure developed
Corporate brand identity created
Digital platforms and domains registered
Brand name and trademark reserved
Legal and operational base prepared for scaling
Screening of individuals and legal entities to international compliance standards.
A ready base for working with digital assets and payment flows.
Licensing under European MiCA regulation.
Services cover virtually all international markets — except the United States.
After obtaining Crypto-Asset Service Provider status, the company will be able to provide the following regulated services across the EU:
Custody and administration of clients' crypto-assets
Crypto-wallet servicing
Exchange of crypto-assets for fiat funds
Exchange of one crypto-asset for another
Operation of a digital-asset trading platform
Execution of client buy and sell orders
Reception and transmission of client orders
Transfer of crypto-assets on clients' behalf
Placement of crypto-assets and tokenization projects
Advice on digital assets
Management of clients' crypto portfolios
Full range of services under a single brand
Direct working contacts with the owner and CEO of the Cypriot Hapic Bank; engagement on AML/CTF and financial monitoring.
Direct communication with the leadership of Sumsub's Cyprus division and access to expert support on compliance and risk management.
Business relationships with the leadership of the WhiteBIT crypto exchange; a contact network for integrations after the MiCA licence.
A group of lawyers specialising in financial regulation, payment-service licensing and crypto-provider operations in the EU.
A team of developers and engineers to build, maintain and grow the platform and scale the infrastructure.
Contacts and preliminary engagement channels with international payment providers and aggregators.
We are considering raising investment through the sale of an equity stake with a partial founder cash-out, plus additional financing for accelerated joint development and scaling of the project.