Unizen, the first centralized decentralized finance (CeDeFi) exchange to combine the features of centralized and decentralized exchanges today announced a partnership with CAAG, an experienced blockchain compliance firm.
Unizen Partners with CAAG
The partnership with CAAG will aid Unizen to develop and promote high-level compliance across its rapidly flourishing ecosystem.
Notably, CAAG will impart extensive experience in transaction monitoring, due diligence, and regulatory reporting. In turn, this will help Unizen better able to serve its users while also ensuring it adheres to all regulations.
Unizen will tap CAAG’s expertise in the monitoring of transactions, and analyzing customer behavior. Further, Unizen’s Head of Compliance, Siegfried Herzog will work closely with CAAG to chart out in detail Unizen’s multi-jurisdictional compliance strategy.
There’s a significant overlap between CAAG’s approach to compliance and Unizen’s values as they’re both based on full compliance with KYC and AML without compromising on decentralization and open processes, the announcement reads.
Commenting on the development, Herzog said:
“We are thrilled to work with CAAG, a well regarded expert in the industry. They have a deep grasp of crypto compliance, transaction processes, safety, and transparency. All these are values that we seek to implement in Unizen, and it means a lot to us to be able to work alongside some of the best in the field to help us realize our vision.”
At present, Unizen is fully committed to building a compliant and secure system that enables all users to safely transact in a conducive and well-operating environment.
By allying with veteran regulatory firms like CAAG, Unizen will be able to offer a balanced approach to an open transaction environment and transparency.
Unizen Continues to Gain Traction
Backed by some of the leading investors in the digital assets space, Unizen is committed to offering the best trading experience to retail and institutional investors alike.
An excerpt from Unizen’s official website reads:
“Unizen Exchange is able to find the most cost-efficient trades across a multitude of exchange modules, including Binance, to provide the best offers, reliable performance, and a secure environment for high-volume trading. All in one seamless user experience.”
In recent news, As reported that Unizen had raised funds to start CeDeFi Alliance, a crypto non-profit with a focus on compliance.