Case Study: Onyze Builds Trust and Meets MiCA Compliance with Chainalysis

Onyze reduces manual compliance work and speeds SAR reporting with Chainalysis

Onyze, a crypto custody platform based in Spain, faced the challenge of meeting stringent anti-money laundering regulations and the upcoming MiCA standards in order to earn the trust of the financial institutions it serves. They needed a blockchain analysis tool that could provide comprehensive and reliable data to understand risk at multiple levels and assure their banking clients. To address this, Onyze partnered with Chainalysis and implemented its Compliance solution.

By using Chainalysis, Onyze gained access to a broader and more accurate on-chain data set, which is also used by regulators. This solution provided superior support for listed crypto assets and personalized technical assistance. The results included building more trust with banks and regulators, filing higher-quality suspicious activity reports, and reducing the risk of being sanctioned. The reliability of Chainalysis data instilled confidence in Onyze's leadership, its partners, and its banking customers.

Onyze