Case Study: Towerbank scales compliant crypto onboarding with Chainalysis

Transforming tradition Towerbank’s journey into crypto excellence

Towerbank, a 52-year-old conservative bank in Latin America, needed to adapt quickly as crypto and blockchain growth threatened its future. As it launched its community-named Crypto Friendly Account, the bank struggled to scale client onboarding because it was manually checking each wallet, creating delays and inefficiencies. To address this, Towerbank turned to Chainalysis and its compliance solution to help support safer, faster digital asset onboarding.

With Chainalysis, Towerbank gained an easy-to-use compliance platform that helps the team make informed decisions at scale, conduct due diligence, and assess sources of wealth for new digital asset customers. The result was a more scalable process for onboarding crypto clients safely and quickly while staying compliant; the case study does not provide a specific numeric impact, but it highlights improved efficiency and confidence in compliance.

Towerbank

Gabriel Campa

Head Of Digital Assets