Singapore-based blockchain compliance startup VerifyVASP announced raising $5 million in a Series A funding round backed by Peak Capital, FTX Ventures, and Bcharu.
The startup, which has been based in the city-state since 2019, provides a one-stop Travel Rule solution encompassing counterparty due diligence, Travel Rule messaging, and integrated risk monitoring toward over 70 digital asset businesses from 24 countries, globally.