Solutions · Virtual assets
VASP onboarding and monitoring, built for the UAE regime.
Exchanges, custodians, brokers, and OTC desks need identity, entity, screening, and on-chain monitoring evidenced together. VerifiX ships the journey preset instead of leaving you to assemble it.
Who this is for
- Virtual asset exchanges and trading platforms
- Custodians and wallet providers
- OTC desks and brokers
- Token issuers and treasury operations
- Payment firms settling in virtual assets
What you must evidence
Obligations, mapped to checks
Each obligation below corresponds to a check that runs inside the journey and leaves a retained artefact behind.
Customer identification
Retail and institutional onboarding with document, biometric, and liveness checks tied to the wallet that trades. Obligation reference: the VARA rulebook on customer due diligence.
Wallet screening
Every deposit and withdrawal address scored for attribution and indirect exposure before funds move.
Travel rule
Originator and beneficiary data captured and transmitted above the applicable threshold — the AED 3,500 threshold, sent over Notabene or TRP.
Ongoing monitoring
Continuous rescreening and retrospective transaction sweeps when attribution or list data changes.
Institutional KYB
Corporate counterparties resolved to their beneficial owners, with each officer screened in the same case.
Inspection readiness
Per-customer export bundles containing the decision, the evidence, and the rule version behind it.
The preset journey
How an engagement runs
Preset for this segment, then adjusted to your own risk appetite — not built from scratch.
- 1
Retail onboarding
Emirates ID or passport, liveness, screening, and a risk score in a single hosted flow or API call.
- 2
Institutional onboarding
KYB with ownership unwrapping, officer KYC, and source-of-funds document collection on one entity record.
- 3
Deposit and withdrawal controls
Address screening and exposure thresholds enforced per asset, with escalation to the compliance queue.
- 4
Ongoing surveillance
Velocity, structuring, and counterparty rules run continuously against the verified customer profile.
At a glance
What changes for your team
- Typical stack replaced
- IDV vendor + screening vendor + chain analytics + spreadsheets
- Preset journeys
- VASP retail, VASP institutional, EDD
- Regulator presets
- VARA, CBUAE, CMA, DFSA, and FSRA presets
- Go-live effort
- Sandbox key the same day; production once your journey is signed off
- One vendor relationship instead of four
- One audit trail across onboarding and monitoring
- Compliance edits rules without an engineering ticket
- Engineers integrate once, against one API
- Evidence exportable per customer on request
- UAE in-country data residency by default
Questions
Frequently asked
Can we keep our existing chain analytics provider?
Do you support institutional and retail in one account?
Which UAE authority journeys are preset?
See VerifiX on your own onboarding flow
A 30-minute walkthrough with a compliance engineer, or a sandbox key in your inbox today.