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.