Crypto.com Bolsters Market Surveillance Across Multi-Product Platform
Crypto.com has expanded its partnership with Solidus Labs to monitor prediction markets and tokenized securities, extending its surveillance relationship that previously covered its digital asset trading operations.
The HALO platform combines orders and trades with user behavior, blockchain activity, social media signals, and open-source intelligence to identify possible insider trading and market manipulation.
Crypto.com is moving beyond a cryptocurrency exchange into several regulated and tokenized markets at once, creating different forms of market-abuse risk. Its US derivatives group operates an exchange and clearing organization, an affiliated futures commission merchant connects customers and introducing brokers, OG distributes prediction contracts through a consumer platform, and Crypto.com is expanding tokenized equity products outside the United States.
Crypto.com's Chief Compliance Officer, Antonio Alvarez Lorenzo, said: 'As Crypto.com continues to build out a fully regulated, multi-product platform, our commitment to leading on compliance, and securing the trust of our users and regulators, only grows stronger.'