Galileo Protocol chooses NexeraID’s secure onboarding platform to empower its tokenization marketplace
Paris, France, June 24th, 2024, Chainwire
NexeraID, a leading all-in-one compliance solution provider, announced a partnership with Galileo Protocol, an innovative online platform for tokenizing real-world assets (RWAs). NexeraID’s secure and compliant onboarding solution empowers Galileo Protocol to ensure regulatory compliance with MiCA regulations for their new marketplace launch.
Streamlined onboarding for a secure marketplace
As Galileo Protocol prepared to launch their innovative marketplace, seamless user onboarding with comprehensive compliance measures was essential. NexeraID‘s all-in-one compliance solution provided the perfect fit.
- Effortless integration: NexeraID’s “low code” approach enabled a smooth and rapid integration into Galileo Protocol’s marketplace, minimizing disruption.
- Customizable compliance: The solution’s flexibility allowed Galileo Protocol to tailor filters and rules, ensuring registrations were limited to users from EU countries and met KYC requirements, as specified by MiCA regulations.
- Enhanced user experience: The user-friendly widget allowed for a smooth onboarding of the first few hundred users before the official launch of the marketplace.
NexeraID x Galileo Protocol: promoting secure and compliant Web3 innovations
This collaboration showcases both companies’ commitment to supporting secure innovations and growth in the Web3 ecosystem. NexeraID’s partnership with Galileo Protocol strengthens NexeraID’s position as a trusted compliance solution for Web3 businesses, paving the way for a more secure and regulated future for RWAs.
About Galileo Protocol
Galileo Protocol is a pioneering tokenization platform that is transforming the ownership and authentication of luxury goods and real-world assets. Through the use of NFT capitals, Galileo Protocol offers a seamless and secure way to trade physical assets in the digital world.
About NexeraID
NexeraID is a compliance and intelligence platform designed for the web3 space, offering innovative solutions that simplify Anti-Money Laundering (AML) and Know Your Customer (KYC) processes. By leveraging traditional and blockchain technologies, NexeraID ensures the security, integrity, and privacy of compliance data, facilitating a secure and regulatory-compliant environment for businesses operating within the digital economy. To learn more about how NexeraID can simplify your RWA compliance, visit our website or contact us.
Contact
Avishay Litani
[email protected]
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