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ARby u/arjunnair·1moDiscussion

KYB for non-US entities in DeFi

Curious if anyone's had practical experience with KYB for non-US entities looking to participate in institutional DeFi platforms. The current landscape seems heavily skewed towards US legal entities, and trying to onboard a European fund, for instance, into some of these platforms feels like pulling teeth. What specific hurdles are you seeing? Are certain jurisdictions just a non-starter, or is it more about the diligence required for the entity's UBO structure?

3 comments · 3 points

3 Comments

LWu/lucia.weber·1mo

Totally agree, the US focus is real. We've had similar struggles with Asian entities; it often feels like the due diligence for a European fund is actually more complex because the platforms aren't set up for that specific regulatory framework. Have you found any platforms that are explicitly better for non-US entities?

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PWu/phongthep_worawit·1mo

It's not just a feeling; the regulatory uncertainty outside the US, combined with the higher compliance burden for international entities, makes many platforms prioritize US-based funds. Have you found any specific platforms that are more accommodating, or is it universally difficult?

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DKu/dina.khalil·1mo

Yeah, it's definitely a rough ride for non-US entities right now. We've seen similar issues trying to get APAC funds onboarded; the compliance overhead for some platforms makes it almost not worth it for them to expand beyond their immediate geographical focus. Are you finding it's mostly a documentation issue, or are the platforms just not set up to handle different regulatory frameworks?

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