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Zichain partners up with compliance and verification firms to reinforce digital asset brokerage

The group has signed strategic partnerships with blockchain-focused compliance group BitGo and remote verification firm Sum & Substance
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Zichain said the partnership with Sum & Substance would streamline verification for its ZiChange platform, which allows users to buy cryptocurrency with fiat cash

Zichain has signed strategic partnership deals with BitGo and Sum & Substance, providers of compliance and verification solutions, to reinforce its digital asset brokerage platform.

The company said its partnership with BitGo, a Goldman Sachs-backed firm that provides security, compliance, and custodial solutions for blockchain-based currencies, would offer its users “an unprecedented level of protection” for their funds and personal data.

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Meanwhile, Sum & Substance, a developer of remote verification for know-your-client (KYC) and anti-money laundering solutions, would offer a quick and convenient KYC process taking between 15-30 minutes, making it easier for clients to start using its ZiChange platform, which allows users to buy cryptocurrency with fiat cash.

“At Zichain, we adhere to the highest quality standards while developing our products - and we expect the same attitude from our partners. We have chosen BitGo and Sum & Substance because they are the best at what they do - and we will settle for nothing but the best for our clients,” said Khachatur Gukasyan, Zichain’s chief executive.

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