# VerifyVASP Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verifyvasp-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.verifyvasp.com
- Total disclosed funding: $5M
- Latest round: Series A (Sep 8, 2022)
- Investors on record: 3

## About

Based in Singapore, and founded in 2019, VerifyVASP Pte. Ltd is a provider of travel rule solutions for virtual asset service providers (VASPs) to facilitate their compliance with travel rule requirements across jurisdictions. In September 2022, VerifyVASP, led by its CEO Shih Yun Chia, raised USD 5 million in series A funding led by FTX Ventures together with Peak Capital and Bcharu.

The company provides regulatory technology solutions providing firm for virtual asset service providers (VASPs) to manage travel regulatory compliance as well as secure sharing of transaction and personal identifying data between VASPs.

The company intends to use the funds raised in September 2022 to provide a dashboard, advisory services, an integrated risk monitoring solution, and analytical tools for bigger firms, making compliance available to small and medium-sized digital asset enterprises.

## Funding rounds

- Series A, Sep 8, 2022, $5M — FTX Ventures, Peak Capital, Bcharu

## Investors

- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Series A
- Peak Capital (https://capitalatlas.ai/funds/peak-capital) — Series A
- Bcharu — Series A