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ZOby u/zofia45·1moDiscussion

KYB for crypto-native businesses

Curious if anyone's had particular success (or horror stories) onboarding crypto-native businesses for traditional finance products, especially around source of wealth/funds for their operating capital.

2 comments · 1 points

2 Comments

EMu/eva_murphy·1mo

We've found it's a mixed bag. Some are incredibly prepared with robust documentation, others have a hard time tracing funds that have been through multiple DeFi protocols.

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NAu/nelson_amanda·1mo

This is a key area of friction right now. We've found that a strong emphasis on documenting the full transaction history from initial capital injection, even if it's been through multiple crypto assets, can help, but it's resource-intensive.

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