Galileo Protocol has opted for NexeraID's robust onboarding platform to elevate its marketplace focused on tokenizing various assets.
Paris, France, June 24th, 2024, Chainwire
NexeraID, a top-tier compliance solution provider, has entered into a partnership with Galileo Protocol, a cutting-edge platform that specializes in the tokenization of real-world assets (RWAs). With NexeraID's secure onboarding framework, Galileo Protocol can effectively comply with the new MiCA regulations as it rolls out its marketplace.
Streamlined onboarding for ensuring marketplace security
As Galileo Protocol As they prepare to launch their groundbreaking marketplace, it was imperative for them to implement a frictionless onboarding experience with robust compliance protocols. NexeraID The comprehensive solution offered by NexeraID proved to be an ideal match for their needs.
- Seamless integration : The low-code methodology adopted by NexeraID facilitated quick and easy setup within Galileo Protocol's platform, ensuring minimal disruption.
- Flexible compliance options : The adaptable nature of the solution enabled Galileo Protocol to customize verification filters and guidelines, thus ensuring that registrations were restricted to users from EU member states while adhering to KYC standards aligned with MiCA.
- Improved user engagement : The intuitive onboarding widget allowed them to smoothly bring on the first several hundred users ahead of the marketplace's official launch.
NexeraID x Galileo Protocol: fostering secure and compliant Web3 advancements
This partnership highlights the dedication of both companies to nurturing safe and innovative developments within the Web3 space. By collaborating with Galileo Protocol, NexeraID further solidifies its reputation as a dependable compliance provider for Web3 businesses, paving the road to a more secure and regulated future for RWAs.
About Galileo Protocol
Galileo Protocol Galileo Protocol is at the forefront of revolutionizing the ownership and verification processes associated with luxury items and physical assets. Leveraging NFT frameworks, this platform presents a trustworthy and efficient method to trade tangible assets in a digital environment.
About NexeraID
NexeraID serves as a regulatory and intelligence platform tailored for the Web3 landscape, offering groundbreaking solutions that streamline Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. By harnessing both traditional techniques and blockchain innovations, NexeraID guarantees the safety, integrity, and confidentiality of compliance data, cultivating a secure and regulation-compliant atmosphere for businesses engaged in the digital economy. For insights on making your RWA compliance simpler, visit our website or contact us .
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Avishay Litani
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