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Axiom Partners with Know Your Customer to Automate Business Verification in Digital Asset Market

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Axiom Partners with Know Your Customer to Automate Business Verification in Digital Asset Market

by Giezel Garcia
03/05/2025
in Compliance, Know Your Customer (KYC)

SINGAPORE, March 5, 2025 – Axiom has announced a partnership with RegTech firm Know Your Customer to integrate real-time business verification tools into its AxiomXchange platform. The collaboration aims to fully automate business Know Your Customer (KYC) processes and enhance compliance in the digital asset sector.

The integration will provide AxiomXchange with direct access to over 140 global company registries, allowing for real-time access to official company data and streamlining client onboarding and verification. According to the companies, the collaboration is designed to address regulatory compliance challenges while improving efficiency in client due diligence (CDD) and risk management.

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Executives from both organizations highlighted the significance of the partnership in advancing digital asset compliance infrastructure.

“Our latest KYC business verification solution speeds up client onboarding and ensures identity verification,” said James Ong, Chief Strategy Officer at Axiom. “The integration aims to create a more seamless trading experience.”

Claus Christensen, CEO and Co-Founder of Know Your Customer, noted that the partnership “empowers Axiom to automate its corporate client verification and risk management,” adding that the solution is intended to meet evolving regulatory demands in the digital asset space.

Richmond Tung, Axiom’s Chief Operating Officer, described the integration as a step toward “reducing onboarding friction and enhancing risk management.”

AxiomXchange is an over-the-counter (OTC) trading platform that offers high-net-worth individuals, institutional investors, and corporate clients private access to cryptocurrency markets. The integration of Know Your Customer’s business verification technology is expected to enhance the platform’s transparency, security, and regulatory compliance.

About Axiom
Axiom provides trading and payment solutions designed to bridge traditional finance with the digital asset ecosystem. Its OTC platform offers deep liquidity and tailored services for large-scale digital asset trades.

About Know Your Customer
Know Your Customer is a RegTech company that specializes in automated business verification solutions. Its modular compliance platform delivers real-time registry data and workflow automation tools to support financial institutions and regulated organizations worldwide.

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#AxiomPartnership #KnowYourCustomer #BusinessVerification #DigitalAssets #ComplianceAutomation #KYCsolutions #FintechInnovation

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