Why is KYT Needed?
As a core service for safeguarding crypto assets, custody wallets bear the critical responsibility of ensuring client asset security. In an increasingly stringent regulatory environment, custodial wallets must not only secure assets but also meet compliance requirements across multiple jurisdictions, including preventing illicit funds and money laundering activities. Custodial wallets often handle cross-border fund flows, navigating diverse regulatory rules, which significantly complicates risk management.
Faced with evolving compliance demands and increasingly covert illegal transactions, custodial wallets require an intelligent, precise, and scalable solution to ensure the transparency and legality of fund sources and destinations. This ensures trustworthy services for clients while strengthening their competitive market position.
The Value of Trustformer KYT
Trustformer KYT provides custodial wallets with a comprehensive suite of risk control and compliance management tools, making custody services safer, smarter, and more efficient:
Intelligent Risk Alerts
Trustformer KYT can detect the source of funds entering the custody system in real time and identify asset flows related to suspicious addresses. If potential risks are detected—such as addresses associated with sanction lists or illicit funds—the system promptly issues alerts, preventing high-risk assets from entering the custody ecosystem and safeguarding client assets at their source.
Address Risk Scoring and Credit Assessment
Using advanced address tagging algorithms and risk prediction models, Trustformer KYT provides comprehensive risk scores and credit ratings for each wallet address. This enables custodial wallets to quickly identify low-risk and high-risk clients, optimize business decisions, and reduce fund transfer risks.
Customizable Rule Engine
Trustformer KYT is equipped with a flexible and robust rule engine that can be configured to meet regulatory requirements of different countries or regions. Whether it's compliance rules recommended by FATF or localized regulatory needs, Trustformer KYT ensures precise adaptation, allowing custodial wallets to easily navigate compliance challenges and implement tailored risk control strategies.
Multi-Chain Asset Support
Supporting major blockchain networks and various digital assets, Trustformer KYT broadens the scope of custodial wallet services, enabling businesses to expand opportunities within the multi-chain ecosystem.
How Does Trustformer KYT Empower Custodial Wallets?
Enhance Client Trust
Through intelligent monitoring and real-time alerts, ensure absolute security of client assets, building a solid foundation of trust for custodial services.
Reduce Compliance Costs
Automated compliance tools significantly cut down manual review workloads, improving efficiency and saving resources.
Demands
Comply with requirements from different jurisdictions, helping custodial wallets expand their international business footprint.
Optimize Risk Management
Accurately identify and isolate high-risk users and assets, minimizing potential risks in fund flows.
Earn Client Trust and Strengthen Market Position
With Trustformer KYT, custodial wallets can fully safeguard client assets while significantly improving compliance efficiency and risk management capabilities. This enables them to stand out in a highly competitive market. Whether serving institutional users or individual clients, Trustformer KYT will be the reliable backbone of your business growth.