Global Ledger and 21 Analytics Make Travel Rule Compliance Easier
The partnership’s goal is to streamline Travel Rule operations and risk mitigation. Learn how VASPs can benefit from this collaboration.
Geneva, Switzerland Global Ledger, an expert in blockchain analytics and AML, and 21 Analytics, a leading security-first Travel Rule solution developers, are excited to announce their partnership. This collaboration aims to help Virtual Asset Service Providers (VASPs) enhance regulatory compliance by streamlining secure, seamless, and privacy-focused data exchange in adherence to global standards.
Key benefits
Advanced Blockchain Analytics: VASPs using 21 Travel Rule can now leverage Global Ledger's comprehensive data alongside Travel Rule information for real-time risk assessment and fraud prevention.
Full control for VASPs: 21 Analytics enables businesses to securely transact, regardless of their counterparty's Travel Rule status. VASPs can now use Global Ledger tools to independently perform due diligence on their counterparties, avoiding outsourcing risks.
Automated Compliance: 21 Analytics is the only provider giving VASPs full control over their Travel Rule data and compliance program. With Global Ledger's blockchain tools, VASPs can also identify riskier addresses when verifying self-hosted wallet ownership in 1 click.
“Both of our companies are committed to building solutions that not only meet regulations but also uphold the core values of efficiency and security. This partnership is about more than just regulatory compliance—it’s about protecting privacy while ensuring crypto businesses can operate smoothly,”
said Lex Fisun, Co-Founder and CEO of Global Ledger.
By using open Travel Rule protocols and on-premises software, 21 Analytics enables direct, peer-to-peer data exchange. This ensures that sensitive information never leaves a VASP’s secure environment. This approach not only meets FATF recommendations and local regulatory requirements but also guarantees data protection, minimising third-party risks.
Lucas Betschart, COO and Co-Founder of 21 Analytics, added:
“At 21 Analytics, we believe that compliance should not compromise decentralisation or security. This partnership strengthens our mission to deliver the safest Travel Rule solution while providing an excellent user experience for VASPs and their customers.”
About Global Ledger
Global Ledger is a Switzerland-based company specialising in cryptocurrency AML risk assessment, blockchain forensics, and cybercrime investigation solutions. It streamlines compliance for banks by automating regulatory processes in alignment with FATF and MiCA guidelines. For VASPs, Global Ledger delivers AML/CTF tools designed to secure businesses from illicit financial activities. The company equips regulators and law enforcement agencies with advanced monitoring solutions to detect and combat illegal crypto transactions effectively.
About 21 Analytics
21 Analytics is a Swiss technology company headquartered in Zug. Our solution to the FATF Travel Rule ensures compliance when transacting with virtual assets. 21 Analytics leverages its experience to combine compliance and data protection, resulting in a software solution that runs on-premises. None of your data is shared with us. We are the initiator of the Address Ownership Proof Protocol (AOPP), allowing seamless transacting with self-hosted wallets, and the leading contributor to open protocols implementing the FATF Travel Rule.
