Alloy to help sustain the next billion crypto users

Crypto enterprises can now leverage Alloy’s Identity Decision Platform to stay ahead of regulatory challenges

NEW YORK, December 1, 2022 /PRNewswire/ — Alloythe leading identity decision-making platform, will help crypto businesses prevent fraud while staying ahead of compliance requirements. New integrations will build on Alloy’s commitment to securing the next wave of cryptoworking with leading industry clients to power their integration solutions and transaction monitoring.

Since 2015, Alloy has helped some of the most innovative banks and fastest growing fintech companies grow and scale their operations, including Allied bank, HMBradley, Ramp and Evolve Bank & Trust. Alloy helps customers like these find more good customers and onboard them to their products without increasing the risk of fraud. While traditional financial products have resolved risk with friction, Alloy’s platform is designed for transparency and efficiency to securely integrate the next billion crypto users.

“The time has come for crypto companies to take a forward-looking approach to ensure compliance is built into every stage of their product lifecycle,” said Charley Ma, Managing Director of Fintech at Alloy. “Alloy is ready to help our customers bridge this gap between regulation and implementation. With Alloy’s platform, crypto providers can safely assess all potential threats enabling faster transactions while mitigating regulatory drawbacks.”

Alloy has formed new strategic partnerships with crypto-specific suppliers such as Fiat Republic, Fortressand On-chain analysis. Through these partnerships, customers can automate compliance measures, transaction monitoring, and identity decision-making for their end users, ultimately unlocking faster access to crypto reduced risk platforms.

“More regulation of crypto industry in the United States is imminent,” said Albert Forker, CEO of Fortress Trust and former Banking Commissioner (WY). “In partnership with Alloy, our goal is to make it easier for Web3 businesses to become and stay compliant using a purpose-built infrastructure.”

“The vast majority of crypto transactions are legitimate, however, because the global adoption of crypto grows, the number of illicit transactions grows at the same time,” said Jordan Bregman, Business Development Lead at Chainalysis. “Alloy’s insights into data-driven identity decisions, combined with Chainlaysis data and products, can help stop criminals and prevent fraud and other illicit exposures, making cryptocurrency a safer and more accessible ecosystem for consumers around the world.”

Learn more about the Alloy platform and its capabilities to help crypto companies fight against fraud, visit

About the alloy

Alloy helps over 300 banks and fintech companies make safe and transparent fraud, credit and compliance decisions. Founded in 2015 and backed by lead investors Lightspeed Venture Partners, Bessemer Venture Partners and Canapi Ventures, Alloy’s platform connects businesses to over 160 data sources from KYC/KYB, AML, credit and compliance through a single API to help create a fraud-free future. Learn more about

Kylee Sibilia
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