algoreg, a Luxembourg-based RegTech reshaping the onboarding and KYC journey, announced that Huobi, a leading global blockchain asset financial service provider, acquired a minority stake in algoreg and will join its Board of Directors.
(Featured Image: Jeremy Antkowiak, CEO of algoreg / Image Credit © Matic Zorman)
Accelerating the growth of the business in the blockchain financial services
Huobi Group is the leading global blockchain asset financial service provider. With a mission to make investing in alternative assets more efficient and adaptable, the company is committed to providing customers with safe, professional, and honest services based on the core principle of putting the customer first.
“We are thrilled to welcome Huobi as a strategic partner. This investment will help us to accelerate the growth of our business in the blockchain financial services. We are honoured to partner with Huobi and to provide one of the world’s largest digital asset exchanges with innovative solutions to onboard their customers.”, commented Jeremy Antkowiak, CEO of algoreg.
“Building a strong partnership with algoreg allows Huobi to operates its business efficiently within the regulatory framework and stay top of international compliances.”
Established in 2013, Huobi has become one of the world’s largest digital asset exchanges with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the world. Its investors include ZhenFund, Dai Zhikang and Sequoia Capital.”
Run Wang, CEO of Huobi Eco echoed Jeremy’s sentiment. “Huobi Eco has always been committed to provide support and solutions for Huobi to operate within the compliance requirements of every country in which we do business. Building a strong partnership with algoreg allows Huobi to operates its business efficiently within the regulatory framework and stay top of international compliances.”
“algoreg’s products enable a fast and compliant end-to-end KYC program, decrease operational KYC and reduce negative impacts on customers.”
algoreg’s DNA? The digital transformation of customer journey
algoreg is a Luxembourg-based RegTech: the company contributes to the digital transformation of businesses in compliance with regulatory requirements. With its proprietary solutions, the startup transform the way banks, crypto- currency platforms, payment companies, online gambling platforms or insurance firms on-board their customers and conduct the KYC journey.
Its products enable a fast and compliant end-to-end KYC program, decrease operational KYC and reduce negative impacts on customers. In a nutshell, they reshaped KYC thanks to advanced technology!