OpenVASP Association

📍 Zug, Switzerland🗓 Founded 2020👥 4 employees💰 Last funded Mar 2020
IT Services and IT Consulting🌐 openvasp.org
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The OpenVasp initiative has been launched in November 2019 by Bitcoin Suisse, Lykke, Seba Bank, Sygnum, Avaloq and MME, with the support of the Crypto Valley Association (CVA) and the International Digital Asset Exchange Association (IDAXA). The aim of the initiative is to help the crypto industry to comply with the travel rule by creating a solution for the industry from the industry. It started as a working group and since March 27th, 2020 has been incorporated in Zug as an Association. The goal is to build up an open and decentralized protocol as proposed in the OpenVASP whitepaper, a SWIFT like messaging system designed specifically for crypto. It seeks to provide a clear picture of FATF compliance based on an open-source protocol allowing for secure communication of sender and beneficiary information for crypto-asset transactions between VASPs. The OpenVASP protocol is a decentralized protocol with full encryption of personal data which preserves and protects the “anonymity” of clients data. It is designed to be technology-agnostic, fully decentralized and extensible so that it may be adopted broadly by VASPs of all sizes using multiple implementations and at minimal cost. Please reach out if you would like to know more on how to become a member.
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Total investors
1
Early stage
0
Mid stage
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Late stage
2020
Founded

Investors

1 investors
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Investor geography1 country
Switzerland
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Frequently asked questions
Who invested in OpenVASP Association?
OpenVASP Association has 1 investors on record on gritt.io, including 1 early-stage backers.
When did OpenVASP Association last raise funding?
The most recent investment in OpenVASP Association recorded on gritt.io was in March 2020.
When was OpenVASP Association founded?
OpenVASP Association was founded in 2020.
What industry is OpenVASP Association in?
OpenVASP Association operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is OpenVASP Association based?
OpenVASP Association is headquartered in Zug, Switzerland.