XBO.com choses Chainalysis as partner to provide highest compliance levels ahead of upcoming launch


XBO.com, the crypto exchange dedicated to making digital currencies accessible to all, today announced it will partner with blockchain data platform Chainalysis to power its compliance program, support anti-fraud protocols, and monitor risk. The partnership will ensure that it has best-in-class compliance technology integrated into its solution from the start.

XBO.com’s exchange platform will meet the market need for user-friendly and reliable trading, leveraging social gaming UX elements to boost user experience. XBO.com will make buying and selling digital assets simple for amateur investors that find traditional crypto trading platforms intimidating and experienced investors alike. The company’s vision of “crypto for everyone” strengthens the founders’ belief that attracting newcomers to digital assets can elevate and empower all investors. The partnership with Chainalysis furthers XBO.com’s commitment to building trust in their forthcoming cryptocurrency services.

“We are thrilled to collaborate with Chainalysis, the benchmark of cryptocurrency Compliance & AML platforms. Aside from providing security and assurance to our clients, by harnessing its AML capabilities we were able to collaborate with top tier banks, payment service providers (PSPs) and other financial institutions,” says Gilad Shalem, Chief Payment Officer at XBO.com.

“We are honored to collaborate with XBO.com and enable their team to launch their cryptocurrency offerings with high regulatory compliance standards in place,” says Sam Aued, Sales Director, Chainalysis. “XBO.com is built on the same values as we built Chainalysis on – trust and transparency.”

XBO.com will adopt Chainalysis KYT (Know Your Transaction) and Reactor. Chainalysis KYT performs continuous, real-time transaction monitoring for all cryptocurrency assets to detect patterns of high-risk activity. Chainalysis Reactor, the investigative tool, provides deeper due diligence into suspicious activity.

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.