KRM22 partners with Currency.com to deliver traditional capital market control to the crypto industry
KRM22 is pleased to announce a partnership with Currency.com, the high-growth European crypto platform, with the implementation of KRM22 Market Surveillance product. An exciting opportunity to add to our growing cryptocurrency client base and continue to drive industry and regulatory standards through Market Surveillance.
The increasing popularity of cryptocurrencies has resulted in more intense regulatory scrutiny. Governmental and regulatory approaches to cryptocurrencies across the globe differ significantly, however, there is a significant increase in focus on crypto in EU regulation. Forward thinking firms are already pre-empting this focus by putting in place the processes and systems associated with traditional asset classes.
KRM22 Market Surveillance software provides a unique level of insight and context allowing customers to efficiently monitor their business and manage regulatory obligations with confidence. Key software features are transferable, from traditional capital markets to the crypto industry. Offering cloud hosted real-time processing, an extensive alerts library and integration with leading market data providers, to name a few.
Steve Gregory, Chief Executive Officer, US, Currency.com says: “We are proud to announce our partnership with KRM22 and the integration of the Market Surveillance software with Currency.com. KRM22’s solutions are known for their strength in preventing potential market abuse, fraud and operational breaches and this partnership further supports our commitment to robust risk management. As a fast-growing crypto platform in a nascent industry, ensuring the integrity of our business and the security of our clients are of utmost importance. As we expand, we will continue to keep in step with the highest levels of risk management, regulation, and international best practices. “
Daniel Langley, Head of Compliance atKRM22 says: “We are delighted to add Currency.com to our existing and growing KRM22 cryptocurrency and digital asset market surveillance community enabling KRM22 to continue to partner with cryptocurrency and digital asset firms to adopt and implement industry and regulatory standards for market surveillance”.
KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets. Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms' market, compliance, operations, and technology risk challenges and to manage their entire enterprise risk profile. Capital markets companies' partner with KRM22 to optimise risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.KRM22 plc is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centers. Learn more about KRM22 at www.KRM22.com
Currency.com is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. Powered by simple, slick, and intuitive technology, the platform is designed to enable investors to securely buy, trade and invest in popular cryptocurrencies using both crypto and fiat currencies.
Depending on the regulatory perimeters indifferent countries, Currency.com offers different products around digital assets. To help investors trade with confidence, the platform is fitted with robust risk management controls, transparent pricing, and extensive financial education content.
In 2020, Currency.com reported a 374percent growth in its client base, making it one of Europe’s fastest growing crypto exchanges. Venture Capitalist Viktor Prokopenya was an early investor in the company through his fund VP Capital.
Currency Com US LLC is registered with the Financial Crimes Enforcement Network as a Money Services Business. Its parent entity, Currency Com Limited is licensed by the Gibraltar Financial Services Commission as a Distributed Ledger Technology (DLT) Provider. The company has offices located in the US, Belarus, Gibraltar and Ukraine.
To find out more, visit www.currency.com