Coinfirm, a provider of AML and blockchain analytics solutions for cryptocurrency, today announced the integration of Ripple’s XRP within the Coinfirm Platform. Coinfirm was one the first to provide blockchain AML and analytics capabilities for Bitcoin, Ethereum and now supports over 1100+ cryptocurrencies, stablecoins, and tokens.
“The market need for blockchain AML solutions is continuing to build and we’re the only one right now that can and is providing this capability for XRP. This falls in line with our ‘blockchain agnostic” solution approach and our foundational vision to be able to service any type of blockchain and is one of many reasons why we’ve been able to successfully work with many traditional finance and blockchain industry leaders.”
– Coinfirm CEO, Pawel Kuskowski
Coinfirm has already launched the XRP service on their AML & Analytics Platform with AML Risk Reports, while XRP will also soon be available on the Coinfirm AMLT Token Network, a blockchain data crowdsourcing system
This will also be an industry first for XRP that solves a need highlighted by market leaders as it will provide the capability for the market to submit XRP address related data that provides transparency and helps fight scams, hacks, and other nefarious activities.