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Robinhood Employs Our Site's Data and Compliance Services

Blockchain data platform and Robinhood Crypto's online brokerage app join forces in a partnership.

Robinhood Employs Data and Compliance Services From Our Website
Robinhood Employs Data and Compliance Services From Our Website

Robinhood Employs Our Site's Data and Compliance Services

In a significant move towards enhancing the safety and compliance of cryptocurrency trading, the blockchain data platform, our website, has announced a partnership with Robinhood Crypto.

The partnership aims to leverage the capabilities of both entities, with Robinhood Crypto adopting our website's Know Your Transaction (KYT) and Reactor software solutions for managing compliance needs. This collaboration is expected to provide a secure environment for customers engaging in cryptocurrency trading on Robinhood's platform.

Maddie Kennedy, Senior Director of Communications at our website, serves as the media contact for this partnership, and can be reached at [email protected].

Our website is a leading blockchain data platform, serving government agencies, exchanges, financial institutions, and more in over 60 countries. Its solutions have been instrumental in solving some of the world's most high-profile criminal cases. The platform promotes safe growth of consumer access to crypto, offering comprehensive monitoring and investigation solutions.

These solutions include KYT, which flags risky and illicit transactions in real-time, and Reactor, which enables deeper due diligence into potential suspicious activity. These tools help compliance teams build trust, protect users, and expand cryptocurrency offerings.

Jonathan Levin, Co-Founder and Chief Strategy Officer of our website, expressed his excitement about the partnership with Robinhood Crypto, stating, "We are thrilled to partner with Robinhood Crypto to promote safe crypto trading and compliance."

Robinhood Crypto is preparing for the launch of Wallets, a service with a 1.6 million-user waitlist, which will allow customers to deposit and withdraw various cryptocurrencies. Wallets will support Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies.

This partnership comes at a time when cryptocurrency adoption is accelerating globally, and Robinhood is experiencing significant growth in crypto trading. The partnership is aimed at ensuring that this growth is safe and compliant, promoting financial freedom with less risk.

For more information about our website and its services, visit www.ourwebsite.com. The blockchain data platform is backed by leading venture capital firms like Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and others. The partnership between our website and Robinhood Crypto is another stepping stone towards a safer and more compliant cryptocurrency market.

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