With 30 Signatories Together with Lots of the World’s Largest Crypto Exchanges Becoming a member of the Pledge to Advance Truthful Digital Asset Markets, Momentum for Business-led Crypto Market Integrity Coalition Ramps Up
NEW YORK–(BUSINESS WIRE)–#CMIC–The Crypto Market Integrity Coalition (“CMIC”), an industry-defining pledge initiated by Solidus Labs targeted on cultivating safer digital asset markets, is happy to announce the next new signatories have joined the coalition:
- Gemini, a platform that enables clients to purchase, promote, retailer, and earn cryptocurrencies like bitcoin, ether, and DeFi tokens. Gemini’s easy, dependable, and safe merchandise are constructed to unlock the following period of monetary, inventive & private freedom. Gemini was based in 2014 by twin brothers Cameron and Tyler Winklevoss.
- Robinhood Markets, which is on a mission to democratize finance for all. With Robinhood, folks can make investments with no account minimums by Robinhood Monetary LLC, purchase and promote crypto by Robinhood Crypto LLC, and find out about investing by easy-to-understand academic content material. Robinhood goals to construct probably the most trusted, lowest value, and most culturally related cash app worldwide.
- Bitpanda makes investing accessible for everybody. Based in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda removes the boundaries to investing by harnessing the progressive energy of digitized property and blockchain know-how. With greater than 1000+ crew members and over 3 million customers, the corporate is one in all Europe’s quickest rising fintechs. The user-friendly, trade-everything platform empowers each first-time traders and seasoned consultants to spend money on the shares, cryptocurrencies and valuable metals they need – with any amount of cash.
- Matrixport is one in all Asia’s quickest rising digital asset monetary companies platforms. With $10 billion in AUM & custody, its choices embody custody, asset administration and prime brokerage for each people and establishments.
- Nexo is the world’s main regulated digital property establishment. The corporate’s mission is to maximise the worth and utility of cryptocurrencies by providing an alternate service with 300+ market pairs, tax-efficient Prompt Crypto Credit score Strains™, a high-yield Earn Crypto Curiosity suite, and complex buying and selling and OTC capabilities, whereas offering the top-tier custodial insurance coverage and military-grade safety of the Nexo Pockets. Nexo has processed $80+ billion for 4,000,000+ customers throughout greater than 200 jurisdictions.
- Symbridge, based mostly in Greenwich, Connecticut, is ushering in a brand new period of finance. Centered on assembly the wants of institutional and accredited traders, Symbridge’s buying and selling options and ecosystem present entry to a variety of digital property. Symbridge seeks to supply traders with safe, dependable, and clear platforms, enabling them to commerce shortly and with confidence.
- INX made historical past because the world’s first public providing of a digital safety registered with the US Securities and Alternate Fee. INX efficiently accomplished its INX Token international IPO in early 2021, elevating virtually $85 million from over 7,200 traders.
- Deltec is a world monetary and insurance coverage companies group for innovators, entrepreneurs and their community. Deltec empowers SMEs, their founders, and traders to speed up of their industries and develop their wealth with entry to sturdy monetary and insurance coverage capabilities by its member corporations, throughout non-public and company banking, fiduciary experience, fund administration, funding administration, digital asset monetary companies, insurance coverage for brand new and rising dangers and service provider banking.
- LibertyEx is a world funding and distribution platform the place the convergence of conventional markets fuse with new digital merchandise to drive alternatives for all.
- Chainalysis is the blockchain knowledge platform, offering knowledge, software program, companies, and analysis to authorities businesses, exchanges, monetary establishments, and insurance coverage and cybersecurity corporations in over 70 international locations. Our knowledge powers investigation, compliance, and market intelligence software program that has been used to unravel among the world’s most high-profile felony instances and develop shopper entry to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and different main companies in enterprise capital, Chainalysis builds belief in blockchains to advertise extra monetary freedom with much less threat.
- Elliptic is the worldwide chief in crypto asset threat administration for crypto companies and monetary establishments worldwide. Elliptic has assessed threat on transactions value a number of trillion {dollars}, uncovering actions associated to cash laundering, terrorist fundraising, fraud, and different monetary crimes.
- TRM Labs supplies blockchain intelligence options to assist monetary establishments, cryptocurrency companies and public businesses fight fraud and monetary crime in digital property.
- Kaiko is the worldwide chief in digital property knowledge companies for enterprises. We empower market members with correct, clear, and actionable monetary knowledge from 100+ centralized and decentralized exchanges.
CMIC, launched in February by 17 co-founding crypto exchanges, companies and {industry} associations, now contains a complete of 30 signatories. Along with giving a unified voice to the crypto {industry}’s dedication to repeatedly enhancing market integrity and dealing with regulators, the coalition plans to advance coaching applications and encourage insight-sharing and analysis and dialogue with regulators. Moreover, the group will think about data-sharing and shared-surveillance frameworks that may deal with crypto and decentralized finance’s distinctive cross-market supervision challenges.
“Since our launch, offering our clients a safe and protected platform to purchase, promote, and retailer digital property has been a precedence. Central to our sturdy compliance program is our threat monitoring and market surveillance instruments,” mentioned Fran Kenck, Chief Regulatory Officer of Gemini.
“We’re excited to companion with CMIC and different {industry} friends and are dedicated to the continued, protected, and accountable progress of this ecosystem, each on and off the Gemini platform.”
“Robinhood’s clients are realizing the advantages of low-cost entry to cryptocurrencies. CMIC’s pledge aligns with Robinhood’s safety-first worth and can assist promote a balanced digital property ecosystem, mentioned Dan Gallagher, Robinhood Chief Authorized and Company Affairs Officer. “We sit up for contributing to this vital work.”
“Symbridge is proud to be a member of the CMIC. We’re dedicated to enabling a safer crypto and digital asset ecosystem, and we’re assured that the CMIC will encourage higher collaboration between the private and non-private sectors to advance market integrity requirements,” says Alexander Kravets, CEO of Symbridge. “Symbridge is honored to be among the many best-of-breed within the {industry} as we work collectively on making a sensibly-regulated crypto ecosystem a actuality,”
“We’re delighted to welcome such {industry} leaders to CMIC, furthering its attain, impression and experience, and its capability to advertise integrity, speed up adoption, facilitate dialogue with regulators and share insights” mentioned Asaf Meir, Founder and Chief Government of Solidus Labs which initiated CMIC and focuses on detecting and stopping crypto market abuse. “Crypto’s immense potential to allow extra accessible, clear and environment friendly monetary companies relies on the flexibility to enhance integrity requirements and deal with the general public and regulators’ considerations. That may solely be achieved by working as an {industry}.”
For extra data on CMIC and to signal the pledge, please go to: www.cryptomarketintegrity.com
Contacts
Trevor Davis, Gregory FCA for CMIC
P: 443-248-0359
E: [email protected]
