Crypto World
4 Cryptos To Watch Out For In 2023
There is no doubt that we are in the midst of a crypto-winter and unfortunately there are no parabolic price rises and meme coins that make millionaires. However, it is an excellent time to see which projects are really worthwhile and will last into the future.
Below we are going to review 4 cryptocurrencies that you should keep an eye on as they have solid fundamentals and are very likely to recover soon when the whole cryptomarket goes up again. We have not included BTC and ETH in this list as their strength and potential are obvious.
Please note, however, that the views set out in this 2023 guide are those of the author, and therefore independent research is crucial.
Let’s dive into it:
1. MATIC (Polygon)
MATIC is the native cryptocurrency of the Polygon network, a protocol to increase the scalability of the Ethereum blockchain and add new use cases. Polygon works through a sidechain that connects to Ethereum, allowing for further processing. It is arguably everything Ethereum aims to be with Ethereum 2.0. It is a project that fixes Ethereum’s processing power issues. It also uses the proof-of-stake model as a consensus mechanism. Polygon offers a much more intuitive architecture for developers, making it a more attractive network for inexperienced users, too.
It is the most popular layer-2 blockchain built on Ethereum. It improved some of Ethereum’s drawbacks, such as scalability and high costs. With Polygon, developers can create Ethereum-compatible applications at a much lower cost.
Polygon has already gained popularity among investors and is expected to grow further. In addition, Polygon is also building partnerships to increase its exposure in the cryptocurrency market.
In early 2022, Polygon became one of six projects to be added to Disney’s prestigious Accelerator programme. Robinhood also announced an exclusive partnership with MATIC, which made Polygon the first blockchain supported in its Web3 wallet.
2. BNB (BNB Chain)
Two blockchains coexisted in the Binance ecosystem: Binance Chain and Binance Smart Chain. On February 15, Binance announced that from now on, both chains would be considered integral parts of the new multi-chain platform that is the BNB Chain.
Both chains are pillars of the new BNB Chain; the now-called BNB Beacon Chain (previously Binance Chain) is in charge of the governance of the network (staking and voting method).
For its part, the BNB Smart Chain (previously Binance Smart Chain, although maintaining its acronym BSC), provides the versatility of a chain compatible with the Ethereum Virtual Machine (which makes it possible, among other things, to have smart contracts).
In addition, the name of the network’s native currency, BNB, was also changed. From standing for Binance Coin, it now stands for Build N Build, which stands for Build and Build: build community and let the community build.
With this rebranding, Binance seeks to disassociate its brand from its network, directly from its network, as it understands that for the success of the latter, it must transcend it. Binance is working to create a robust, open, non-permissioned and decentralised infrastructure.
BNB’s goals include expanding as a multi-chain platform, scaling transaction processing capacity, introducing decentralised governance mechanisms and expanding the BSC’s validators from 21 to 41.
In addition, there are a limited number of BNB tokens, and the developer team already has an auto-burning system that will reduce the supply by half. On top of that, BNB holders get discounted commissions from Binance, the No. 1 cryptocurrency exchange.
3. DOT (Polkadot)
Polkadot is a zero-layer blockchain (Relay Chain). This means that other layer-one blockchains can be built on top of Polkadot. This allows it to be highly scalable. Each layer one blockchain running on Polkadot is called a Parachain. While Polkadot does not support smart contracts, its parachains do. Parachains are run in execution slots, which are auctioned into DOT tokens every so often. There is a test parachain called Kusama.
Each parachain is independent of the main network, and collects commissions on its own token. The DOT token, Polkadot’s native cryptocurrency, is mainly used to pay the blockchain’s gas fees and as a governance token. However, it is also used to pay for the auctions of the aforementioned parachains.
As for the consensus algorithm, Polkadot is a Nominated Proof of Stake blockchain, very similar to the traditional Proof of Stake. With this consensus algorithm, nominators endorse validators with their own participation as a show of faith in the validator’s good behaviour. Nominated Proof of Stake differs from the more generic Delegated Proof of Stake concept in that nominators are subject to losing their stake if they nominate a bad validator.
Polkadot often attracts the attention of investors because it is more participatory, allowing developers to connect blockchains in their entirety to the Polkadot ecosystem.
4. ATOM (Cosmos)
Cosmos is a project whose purpose is to interconnect several independent blockchains, thus allowing assets and data to be freely exchanged in a decentralised manner. This is why Cosmos is popularly known as “the internet of the Blockchain”; its mission is the same or very similar to Polkadot.
The operation of Cosmos is based on three pillars or layers: the so-called Cosmos Hub, which uses IBC (Inter Blockchain Communication) technology that interconnects the blockchains. These validators verify the operations, and finally, the delegators are responsible for selecting the validators.
Transactions are recorded in the central Hub, and at the same time, these actions are recorded in the respective blockchains involved in the transaction.
ATOM is the native token of Cosmos. The 100 validators who maintain the system are rewarded for their work in the form of the ATOM token.
We can conclude that Cosmos (ATOM) has excellent growth potential but is also a high-risk investment. The most significant risk with this type of asset is that it will not materialise or that new substitute technology will emerge in an ever-changing market.
It should be borne in mind that Polkadot, its great rival, is ranked above in market capitalisation.
In short, these are some fundamentally sound cryptocurrencies that have the potential to rise in 2023 and in the longer term. However, remember that the entire crypto market tends to follow bitcoin’s movements; and don’t forget to do your own research!
Crypto World
Top Trends Followed by Crypto-Friendly Neobanks in 2026
Why does sending money internationally still feel like mailing a letter in the age of instant messaging? A wire transfer takes three days, costs $45 in fees, and loses another chunk to unfavorable exchange rates.
Freelancers struggle to access basic banking services because traditional institutions can’t process cryptocurrency income. Small businesses watch profits evaporate in currency conversion fees while waiting for payments to clear.
These are not minor obstacles; they’re symptoms of a financial system built around outdated infrastructure. Banking currently moves more slowly than the digital world requires, while cryptocurrency systems are far too unpredictable for living, day-to-day lives. This disconnect can be filled by a crypto Neo bank development company having deep expertise in blockchain technology.
Now, let’s have a look at the statistics.
| According to Mordor Intelligence, the global Neobanking market is set for strong growth, rising from USD 7.38 trillion in 2025 to USD 8.18 trillion in 2026, and further accelerating to USD 13.67 trillion by 2031, at a CAGR of 10.82%. |
Crypto-friendly Neobanks do not symbolize incremental improvement; they symbolize the rebuilding of finance from scratch. Blockchain technology and bank stability are no longer topics of the future; they are happening right now, and the year 2026 will be the year of essential digital banking trends and not experimentation.
How Decentralized Banking is Reshaping Finance
Decentralized banking is the act of removing the old gatekeepers who managed our monetary systems for centuries. The simple question being asked is, why should anyone need permission to access their own money?
- Self-Custody Meets User-Friendly Design
Modern crypto banking solutions combine blockchain’s security with interfaces that feel familiar. Users maintain ownership of assets through private keys while navigating apps that look and function like traditional banking platforms. This removes the technical barriers that held mainstream acceptance at bay during the early days of crypto.
- Smart Contracts Enable Programmable Finance
Money becomes dynamic through smart contracts. Savings accounts can automatically invest surplus funds when balances exceed thresholds. Bills pay themselves on schedule. Emergency reserves are released only under predefined conditions. White label crypto Neo bank platform development is bringing these capabilities to regional providers who lack the resources to build proprietary systems.
- Geographic Borders Become Irrelevant
A user in Lagos accesses the same crypto-friendly Neobanks available in London or Los Angeles. This matters tremendously for the 1.4 billion unbanked adults worldwide. They are the people for whom traditional finance has systematically failed. The decentralized infrastructure is location-neutral and therefore allows financial services to become global for the first time.
6 Game-Changing Trends Defining Crypto Neo Banking in 2026
The landscape of crypto banking solutions is transforming rapidly. These six emerging trends are reshaping how a crypto Neo bank development company builds platforms and how users experience digital finance.
Trend #1: Agentic Banking & AI Financial Copilots
The role of artificial intelligence in crypto banking solutions is no longer limited to mere automation. Today, intelligent agents carry out complex financial maneuvers without any assistance. For instance, they analyze every spending situation and optimize every transaction.
- Transaction Routing Optimization
AI copilots evaluate gas fees, exchange rates, and settlement times in real-time. When paying an invoice in euros, the system automatically converts cryptocurrency at the optimal moment through the most cost-effective channel. No manual intervention required.
- Proactive Financial Management
A top crypto Neo bank development company uses Artificial Intelligence to forecast cash flow problems before they happen. The tools can help track forgotten subscriptions, make suggestions on how to revise the budget based on impending expenses, and flag questionable transactions, which may be evidence of fraud.
Trend #2: Embedded Finance Ecosystems
Banking is becoming integrated into systems that are frequented by the people daily. The shift represents a fundamental change in how crypto banking solutions reach users.
- Social Platform Integration
Restaurant bills get split in group chats with automatic currency conversion. Payments are routed via these kinds of messaging apps along with social networks without any detour to banking interfaces. This makes these apps popular among many people who fear accessing banking apps.
E-commerce sites integrate the crypto-friendly Neobanks directly into their payment systems. Consumers get instant stablecoin financing, rewards on pending orders, and payment options via multiple digital currencies without the need to leave the site. Those indulged in White label crypto Neo bank platform development enable this integration without merchants becoming licensed financial institutions.
Trend #3: Cross-Border Banking & Multi-Currency Wallets
International payments are finally catching up to the internet’s borderless nature. Modern crypto banking solutions treat geography as irrelevant.
Cross-border transactions are processed within minutes, not in days. A freelancer in Vietnam invoices a Canadian client and receives payment in the preferred currency before lunch ends. The three-day wire transfer is becoming as outdated as the fax machine.
- Intelligent Currency Management
In advanced wallets, assets are held in multiple denominations at any given time, allowing them to optimize based on spending patterns as well as market conditions. This means that they avoid any need for manual rebalancing while benefiting from optimal currency exchange rates.
Trend #4: Crypto-Fiat Hybrid Accounts
The distinction between cryptocurrency and traditional money is no longer absolute. Users want unified financial management, and a seasoned crypto Neo bank development company promises to deliver it without fail.
- Consolidated Financial Views
Modern platforms show traditional, crypto, and asset tokens in a singular screen or dashboard. Money is money, and the distinction between “crypto” and “fiat” matters less than how each serves specific financial needs.
Users can specify how they want their money allocated, for example, with 70% stablecoins, 20% bitcoin, 10% traditional currency, and accounts will regularly update as values shift. Similarly, portfolio management, which is only accessible to certain high-net-worth individuals, can now be found in new crypto-friendly Neobanks.
Trend #5: Mainstream Stablecoin & Tokenized Asset Integration
Stablecoins have shifted from experimental technology to financial infrastructure in 2026.
- Yield-Generating Transaction Accounts
Checking account balances earn competitive yields through stablecoin protocols. Money waiting to pay bills generates returns instead of sitting idle at zero percent interest. This represents a fundamental shift in digital banking trends, and transactional accounts are becoming productive assets.
- Fractional Asset Ownership
Tokenization enables ownership of real estate fractions, startup shares, or artwork portions, and everything is accessible through standard banking apps. White label crypto Neo bank platform development democratizes access to asset classes that once required significant wealth to enter.
Trend #6: Quantum-Safe Security & Invisible Biometrics
Security infrastructure in crypto banking solutions is evolving faster than threats emerge.
A forward-thinking crypto Neo Bank development company can employ quantum-proof algorithms, a process that is advantageous as upgrades will be done before a quantum threat actually occurs.
- Behavioral Authentication
Continuous verification is carried out through typing rhythms, device interactions, and walking gaits. Security works transparently in the background. Passphrase tension is done away with, and illegal activity is out of the question.
Develop A Compliant Neo Bank Platform Designed For Global Financial Markets
Why Regulation Will Make or Break Crypto Banking This Year
It is expected that the level of clarity that will be achieved by regulators in 2026 will be used to separate those who are viewed as legitimate crypto-friendly Neobanks from those who do business in gray areas. The framework emerging across jurisdictions will determine which platforms thrive and which disappear.
- Compliance Becomes Competitive Advantage
Clear regulations enable partnerships between crypto banking solutions and traditional financial institutions. Banks that previously avoided cryptocurrency due to uncertainty now actively pursue white label crypto Neo bank platform development partnerships to enter markets safely.
- Navigating Fragmented Requirements
The EU’s MiCA regulation, evolving US frameworks, and diverse Asian approaches create complex compliance landscapes. Successful crypto Neo bank development companies build flexible systems that adapt to multiple regulatory regimes simultaneously, turning fragmentation from an obstacle into a moat.
- License Acquisition Drives Consolidation
Multiple banking licenses and operational permissions enable broader market access. This advantage accelerates industry consolidation as smaller players either scale rapidly or face acquisition by larger licensed operators. Regulatory compliance infrastructure becomes as valuable as technical capabilities in determining which digital banking trends gain traction.
How to Create the Ultimate Digital Bank
The development of a successful crypto-friendly Neobank in 2026 demands this balance:
Different stakeholders, like cross-border workers, cryptocurrency traders who require fiat currency access, and businesses with multiple currency systems, require separate features. Serving all of these stakeholders makes the features less effective.
- Strategic Build-vs-Buy Decisions
Building proprietary systems offers maximum customization but demands enormous resources. White label crypto Neo bank platform development provides proven infrastructure and faster market entry. A successful crypto Neo bank development company adopts hybrid approaches, customizing white label platforms for specific market segments.
Architectural decisions are to be made about multi-signature wallets, hardware security modules, verification of smart contracts, and audit trails. It is a fact that security bolted onto existing systems creates vulnerabilities that sophisticated attacks will exploit. Every element of crypto banking solutions should consider security implications from the initial design.
Infrastructure should handle 100x the initial user base without architectural changes. Digital banking trends demonstrate that successful platforms grow exponentially. The appropriate selection of blockchain networks, putting in place effective scaling solutions, and designing flexible databases determines whether platforms can leverage growth opportunities or collapse under success.
Concluding Thoughts
The financial services market is split into two segments: those who adjust to change and those who formulate new paradigms of their own. Crypto-friendly Neobanks represent the convergence of blockchain’s potential with banking’s practical necessity.
AI financial copilots, quantum-safe security, embedded finance ecosystems, and tokenized assets aren’t isolated developments. They’re interconnected components of fundamental transformation in how people interact with money. Geographic Borders, banking hours, and even gatekeepers are becoming less relevant, whereas speed, transparency, and self-serve are becoming a minimum expectation.
The development of such infrastructure requires specialized expertise in blockchain technology, regulation, security configuration, and user experience. Not many teams have such a pool of expertise within their own organization, and partnerships with experts become important for success.
Ready to Launch a Neo Bank?
Antier holds expertise in white-label crypto neo-bank platform development, enabling faster market entry without compromising security and usability. As a quality crypto neo bank development company, we have successfully implemented crypto bank solutions across multiple continents.
Recognizing the rapid pace of digital banking trends and innovations, our team helps take that pace one step forward by implementing extensive crypto banking solutions that include smart contract development and highly scalable, compliant solutions.
Let’s partner together and make banking relevant for the way we live and work today.
Frequently Asked Questions
01. Why do international wire transfers take so long and cost so much?
International wire transfers can take up to three days and incur fees of around $45, along with losses from unfavorable exchange rates, due to outdated banking infrastructure that struggles to keep pace with modern digital demands.
02. What challenges do freelancers face with traditional banking systems?
Freelancers often struggle to access basic banking services because traditional institutions typically cannot process cryptocurrency income, limiting their financial options.
03. How are crypto-friendly Neobanks changing the financial landscape?
Crypto-friendly Neobanks are revolutionizing finance by combining blockchain technology with user-friendly interfaces, allowing users to maintain ownership of their assets while benefiting from features like smart contracts for automated financial management.
Crypto World
Is Aave Labs’ proposal ‘extractive’? DAO debate heats up
Since December, the DeFi sector’s largest protocol has been wrestling with an existential question, pitting Aave Labs against the DAO: who owns Aave?
What began as a discussion over swap fees rapidly escalated into an existential debate about ownership of the Aave brand, as well as the rights to monetize it.
Yesterday, Aave Labs published a “temperature check” entitled “Aave Will Win Framework” on the Aave governance forum.
Their headline is “100% of product revenue to the Aave DAO,” but the post, which runs to almost 4,000 words, doesn’t end there.
Read more: Aave brand dispute rumbles on as founder buys £22M London property
At a high level, the post proposes that all of Aave product revenue will be directed to the DAO. A foundation would also be set up to “assume responsibility for holding and stewarding” the Aave brand.
This addresses the DAO’s concerns around Labs’ potential brand capture on products including the front end, Aave’s app, card and institution-focused Horizon market.
These concessions are accompanied by a funding request for considerable sums, namely $25 million in stablecoins and 75,000 AAVE.
Further grants totaling $17.5 would be “payable upon specific product launches.”
The initial payment of stablecoins would be partially ($5 million) upfront, with the remainder streamed over the following year. AAVE tokens would unlock linearly over two years.
It clarifies “all funds will be spent on Aave-related efforts” such as “user acquisition, marketing, and ongoing development.”
Correct destination, but the route ‘needs work’
While DAO advocates generally see the proposal as directionally positive, concerns remain over the calculation of revenue. That, and the vast sum of tokens requested, both stables and AAVE.
Vocal DAO delegate Marc Zeller reacted harshly to begin with, calling Labs’ proposal “extractive” and a “gaslight.” He sees it as “raiding” DAO tokens “for zero actual enforceable commitment.”
A longer follow-up post was more positive, recognising “victory” for the DAO, while also recognizing that the move is essentially “four proposals in a trenchcoat.”
However, Zeller warns that, in calculating revenue, “deductions are at Aave Labs’ sole discretion. No independent audit. No cap. No DAO approval threshold.”
He also underlines that the $50 million worth of tokens requested represents “31.5% of the entire treasury. For a single service provider. In a single vote.”
Furthermore, the additional 75,000 AAVE tokens would further increase Labs dominance of DAO voting.
AAVE voting power
Aave Labs isn’t shy about flexing its muscles during sensitive votes.
In what was branded a “disgraceful” move, Labs triggered a surprise vote on contributor Ernesto Boado’s proposal over the Christmas holidays.
The proposal was voted down with 55% against, while the majority of DAO delegates abstained.
Additionally, Zeller suspects that today’s narrowly-rejected vote on “mandatory disclosures” was, ironically, heavily influenced by undisclosed Labs-linked wallets.
Forking over another 75,000 tokens would only increase Labs’ ability to swing future votes in its favor.
Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.
Crypto World
Three Arrested After Binance France Employee Home Break-In
Three suspects were arrested in France after a reported break-in targeting the home of a senior figure at Binance’s French unit, with the company confirming to Cointelegraph that one of its employees was the victim of a home invasion.
Local outlet RTL, citing anonymous police sources, reported that three hooded individuals attempted to enter an apartment in Val-de-Marne around 7:00 am CET Thursday and were carrying weapons.
RTL said the suspects first forced their way into the apartment of another resident, forcing them to direct them to the home of the head of Binance France. RTL reported the suspects searched the apartment and stole two mobile phones before fleeing.
Two hours later, the three suspects were reportedly arrested during a second home invasion attempt in Hauts-de-Seine after residents alerted authorities, RTL said. Authorities recovered the stolen phones and a vehicle that RTL said linked the suspects to the earlier break-in.
Related: 22 Bitcoin worth $1.5M vanish from Seoul police custody
Binance confirms a break into an employee’s home
Binance confirmed the incident to Cointelegraph but declined to identify the employee involved.
“We are aware of a home break-in involving one of our employees. There is an ongoing investigation with the local police,” a Binance spokesperson said. “The safety and well-being of our employees and their families is our absolute priority. We are working closely with law enforcement and further enhancing appropriate security measures.”
David Prinçay is the President of Binance France, but Cointelegraph was unable to independently verify the identity of the employee targeted in the break-in. Binance declined to provide further details, citing the ongoing investigation and safety concerns.
Related: Binance completes $1B Bitcoin conversion for SAFU emergency fund
Crypto wrench attacks rise 75% in 2025, as France sees most attacks
Physical attacks targeting cryptocurrency investors, also known as “wrench attacks,” have risen over the past year.
Wrench attacks increased by 75% during 2025, to 72 verified cases worldwide recorded last year alone, according to cybersecurity platform CertiK.
Wrench attacks accounted for at least $40.9 million in confirmed losses in 2025, but the value could be much larger due to unreported incidents, according to CertiK.
France recorded the largest number of attacks last year, with 19 confirmed incidents, while Europe accounted for about 40% of all attacks globally in 2025.
Magazine: Meet the onchain crypto detectives fighting crime better than the cops
Crypto World
How much does an RWA tokenization platform cost?
The acceleration of blockchain adoption in capital markets has transformed tokenization from a conceptual innovation into a strategic infrastructure decision. Enterprises, asset managers, and fintech startups are increasingly exploring tokenized securities, fractional ownership models, and programmable financial instruments. Yet before initiating development, a critical question arises: what is the true cost to build a tokenization platform?
Costs of developing the tokenization platform include far more than just the basic development time. The tokenization platform development cost are influenced by how complex the asset is, the depth of compliance required, how the product will be secured, how many integrations are required, and what level of scalable solutions will be required for the future. If the asset is a security or a tangible asset in the real world, the real-world asset tokenization cost will also include the costs associated with regulatory compliance, reporting requirements, and custodial obligations.
This blog covers the cost factors associated with tokenization and the various applications of tokenization platforms on several types of assets as well as the timelines of implementing a tokenization project. This guide will provide an extensive continuation of how an organization can effectively build compliant digital asset ecosystems, including some sample vendors (third party organizations) that have designed tokenization platforms.
What Is a Tokenization Platform and How Does It Work?
A tokenization platform development is a blockchain-enabled infrastructure that digitizes ownership rights and represents them as programmable tokens. These tokens can symbolize equity shares, debt instruments, real estate fractions, commodities, funds, or other regulated assets.
Unlike basic crypto token issuance, enterprise tokenization platforms operate within strict financial and legal frameworks. They combine blockchain immutability with compliance automation, investor management systems, and custody safeguards.
The foundational components of a tokenization platform include:
1. Blockchain Infrastructure
This serves as the ledger where token ownership and transactions are recorded. Organizations may choose:
- Public chains (Ethereum, Polygon) for liquidity and ecosystem access
- Private or permissioned chains for enhanced control and compliance
- Hybrid models for balancing transparency and confidentiality
Infrastructure decisions directly influence tokenization software development pricing, as private networks require node setup, governance models, and dedicated maintenance.
2. Smart Contract Engine
Smart contracts govern token issuance, transfer restrictions, dividend distribution, governance voting, and compliance checks. Advanced programmable securities increase the tokenization platform development cost, especially when they include:
- Lock-up periods
- Jurisdiction-based transfer rules
- Corporate action automation
- Automated yield calculations
3. Compliance & Identity Layer
This layer integrates KYC/AML providers, accreditation verification systems, and regulatory screening tools. Since regulated assets demand strict adherence, compliance modules significantly impact the overall real-world asset tokenization cost.
4. Custody & Wallet Systems
Institutional investors require bank-grade custody solutions, including:
- Multi-party computation (MPC) wallets
- Cold storage
- Key recovery systems
- Custodial integrations with regulated entities
Advanced custody frameworks elevate the RWA tokenization platform cost, particularly when insurance-backed storage is involved.
5. Investor Dashboard & Admin Controls
User interfaces manage onboarding, portfolio monitoring, dividend tracking, and reporting. Administrative dashboards handle asset issuance, investor approvals, and regulatory documentation.
Each of these modules contributes cumulatively to the total cost to build a tokenization platform.
Get a Detailed RWA Tokenization Platform Cost Estimate
Key Factors That Influence Tokenization Software Development Pricing
Tokenization software development pricing varies depending on several technical and operational factors:
1. Blockchain Selection
The blockchain framework determines performance, scalability, and cost structure.
- Public chains may reduce setup time but require gas optimization and scalability considerations.
- Enterprise blockchains demand custom node configurations and governance protocols.
- Cross-chain compatibility increases development complexity but improves liquidity access.
Selecting the appropriate blockchain architecture can significantly alter the tokenization platform development cost.
2. Smart Contract Complexity
Basic token contracts are relatively straightforward. However, security token standards with regulatory logic require deeper engineering and testing.
Complex smart contracts often include:
- Dividend automation
- Revenue-sharing logic
- Investor voting rights
- Automated cap table updates
- Compliance-based transfer gating
Extensive testing, formal verification, and third-party audits elevate the RWA tokenization platform cost, but they are essential for institutional trust.
3. Regulatory Framework & Jurisdiction
Compliance obligations differ across countries. Platforms targeting cross-border investors must integrate:
- Multi-jurisdictional accreditation rules
- Transfer restrictions
- Reporting frameworks
- Licensing requirements
Legal structuring often runs parallel to development, increasing the real-world asset tokenization cost. However, ignoring regulatory requirements can lead to costly revisions later.
4. Security Architecture
Security extends beyond smart contracts. It includes:
- API encryption
- Infrastructure firewalls
- DDoS mitigation
- Database protection
- Continuous monitoring tools
For institutional-grade deployments, third-party security audits are mandatory. These measures increase upfront costs but reduce long-term operational risk.
5. Integration Ecosystem
Tokenization platforms rarely operate in isolation. They require integration with:
- Payment gateways
- Banking APIs
- Identity verification providers
- Secondary trading platforms
- Reporting tools
Each integration expands development scope, influencing both the cost to build a tokenization platform and the overall deployment timeline.
How to Choose the Right RWA Tokenization Platform Development Company for Cost Efficiency ?
It is important to choose a qualified RWA tokenization platform development company when you’re considering the cost of developing a tokenization platform and ensuring its sustainability over time. Tokenizations take place at many intersections – Blockchain Engineering, Financial Regulations, Cybersecurity, and Enterprise Architecture.
Choosing a vendor who is not an expert in this area could expose you to compliance issues, security issues, budget overruns, and ultimately an increased total cost to create your RWA tokenization platform.
When making a decision on cost-effectiveness, do not focus so much on the lowest dollar option that you select a Vendor who cannot deliver an infrastructure that is secure, compliant, scalable, all without unnecessary rewriting/rework and/or hidden costs.
Evaluate Proven Domain Expertise
A qualified development partner should demonstrate experience in:
- Real-world asset structuring (real estate, private equity, debt instruments, funds)
- Securities token standards and regulatory mapping
- Smart contract security implementation
- Institutional-grade custody integrations
A vendor unfamiliar with regulated token issuance may underestimate compliance layers, leading to scope changes mid-project. This directly increases the cost to build a tokenization platform through extended development cycles and additional audit requirements.
Assess Technical Architecture Capability
A reliable partner should offer clear documentation on:
- Blockchain framework selection
- Node management architecture
- Scalability models
- Interoperability with exchanges and custodians
Cost efficiency is achieved when the technical foundation is designed for long-term scalability. Poor architecture decisions often require rebuilding components later, drastically inflating tokenization software development pricing.
Examine Security & Audit Readiness
Enterprise tokenization platforms must meet institutional security standards. The development company should have structured processes for:
- Smart contract audits
- Penetration testing
- Infrastructure hardening
- Secure key management
If audit readiness is not embedded in development from the beginning, remediation costs may exceed initial estimates, raising the total real-world asset tokenization cost.
Consider Post-Launch Support & Upgradeability
Tokenization ecosystems require ongoing updates due to:
- Regulatory changes
- Feature expansion
- Security enhancements
- Asset diversification
A development partner offering structured maintenance models reduces long-term uncertainty in tokenization platform development cost and prevents unexpected operational disruptions.
Analyze Transparency in Pricing Structure
An experienced RWA tokenization platform Development company will provide:
- Clear scope documentation
- Defined deliverables
- Milestone-based pricing
- Separate cost allocation for audits and integrations
Transparent pricing avoids ambiguity and stabilizes the projected RWA tokenization platform cost, ensuring alignment between business objectives and budget allocation.
Start Planning Your Tokenization Platform Today
What Is the Typical Tokenization Platform Development Timeline?
The tokenization platform development timeline depends on asset complexity, regulatory jurisdiction, customization level, and integration depth. While smaller MVPs may launch within a few months, institutional-grade ecosystems require structured, multi-phase execution to ensure compliance and scalability.
A realistic timeline typically ranges between 4 to 8 months, with enterprise-scale builds extending further depending on regulatory approvals.
Phase 1: Discovery, Feasibility & Regulatory Assessment (3–6 Weeks)
This foundational phase defines project viability. Activities include:
- Asset class feasibility evaluation
- Regulatory landscape mapping
- Legal structuring coordination
- Technical architecture planning
- Preliminary cost modeling
A well-structured discovery phase reduces scope ambiguity and creates clarity around the expected cost to build a tokenization platform. Skipping this stage often results in timeline extensions later.
Phase 2: Architecture Design & Compliance Framework (4–6 Weeks)
During this stage, the platform blueprint is finalized. Key deliverables include:
- Smart contract logic frameworks
- Compliance automation rules
- Custody integration planning
- Data security architecture
- UI/UX workflow designs
Proper planning at this stage prevents reengineering during development and helps control tokenization software development pricing.
Phase 3: Core Development & System Integration (8–16 Weeks)
This is the most resource-intensive phase. It involves:
- Smart contract coding and internal testing
- Backend system development
- API integration with payment, KYC, and custody providers
- Investor dashboard and admin panel development
Customization requirements significantly affect both the tokenization platform development cost and timeline. Multi-asset support, cross-chain functionality, or multi-jurisdiction compliance layers can extend this phase.
Phase 4: Security Audits & Quality Assurance (4–8 Weeks)
Institutional tokenization platforms require:
- Independent third-party smart contract audits
- Infrastructure penetration testing
- Load and performance testing
- Compliance validation
Audit timelines depend on contract complexity. While this stage adds to the overall real-world asset tokenization cost, it is essential for investor trust and regulatory approval.
Phase 5: Deployment, Launch & Optimization
Once audits are cleared:
- Mainnet deployment occurs
- Monitoring tools are activated
- Operational governance begins
- Performance metrics are analyzed
Post-launch support ensures smooth scaling and prevents unexpected increases in long-term RWA tokenization platform cost.
Building a Future-Ready Tokenization Ecosystem
Building a tokenization platform requires more than estimating the immediate cost to build a tokenization platform—it demands strategic planning for scalability, compliance, and long-term operational resilience. Organizations that prioritize modular architecture, automated regulatory controls, and secure custody frameworks are better positioned to manage evolving asset classes and investor growth without inflating future tokenization platform development cost.
A structured approach to the tokenization platform development timeline, combined with security-first engineering, ensures sustainable deployment and controlled RWA tokenization platform cost over time.
At Antier, as a trusted RWA tokenization platform Development company, the focus is on delivering compliant, scalable ecosystems while optimizing tokenization software development pricing and minimizing overall real-world asset tokenization cost. Through enterprise-grade architecture and regulatory alignment, Antier enables businesses to launch secure, future-ready tokenization platforms with confidence.
Frequently Asked Questions
01. What is a tokenization platform?
A tokenization platform is a blockchain-enabled infrastructure that digitizes ownership rights and represents them as programmable tokens, which can symbolize various assets like equity shares, debt instruments, or real estate fractions.
02. What factors influence the cost of developing a tokenization platform?
The cost of developing a tokenization platform is influenced by the complexity of the asset, compliance requirements, security measures, necessary integrations, and the scalability needed for future growth.
03. How do tokenization platforms ensure compliance and security?
Tokenization platforms ensure compliance and security by operating within strict financial and legal frameworks, utilizing blockchain immutability, automation for compliance, investor management systems, and custody safeguards.
Crypto World
JPMorgan (JPM) cuts Coinbase (COIN) target to $252 after 4Q miss, keeps overweight rating
Wall Street analysts from companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) stock after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates.
JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto exchange, but cut the price target to $252 from $290 in the Thursday report.
The stock, which is down about 40% so far this year, was priced around $150 at publication time in pre-market trading. It closed yesterday at $141.09.
Crypto-linked equities have had a choppy start to the year, broadly tracking the turbulent digital-asset market. Major companies such as Coinbase have seen share prices pressured as crypto trading volumes weakened and token prices slid. Bitcoin , the largest cryptocurrency, remains well below late-2025 peaks and is now down about 25% year-to-date.
JPMorgan analysts led by Kenneth Worthington said higher operating expenses, up 22% year over year, and a shift toward lower-fee Advanced trading and Coinbase One subscriptions pressured results.
The analysts lowered their forward take-rate assumptions and cited a softer volume and market cap outlook in trimming the price target. The take rate is the percentage of transaction volume the company keeps as revenue.
Coinbase’s scale and profitability stand out in a volatile crypto market, broker Canaccord said, maintaining its buy rating while cutting its price target to $300 from $400 after lowering near-term estimates following the results.
While tumbling spot prices have weighed on the broader industry, the broker said Coinbase remains solidly profitable and is taking incremental market share as it expands its product suite.
Analysts led by Joseph Vafi pointed to progress on the company’s “Everything Exchange,” growth in USDC commerce use cases and expanding decentralized finance (DeFi) applications on Base and Ethereum, in the report published Thursday.
Deribit, the derivatives exchange it bought during the year, was described as a strategic addition helping drive cross-sell activity outside the U.S. across spot and derivatives.
The analysts said global trading volume and market share are up roughly 100% from a year earlier, with recent records in notional volume supported by activity in gold and silver futures.
Canaccord expects a tougher first quarter for the industry, and sees Coinbase gaining market share and stepping up stock buybacks. It views the stock as near cyclical lows, with the new $300 target based on 22 times its 2027 Ebitda estimate.
Read more: Coinbase misses Q4 estimates as transaction revenue falls below $1 billion
Crypto World
BTC long-term rally is ‘broken’ until price reclaims $85,000, Deribit executive says
Bitcoin’s long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit.
The largest cryptocurrency has settled into the $60,000 to $70,000 range in the past week, some 45% below the record high it hit in October. It’s on track to fall for a fourth straight week, and dropped below $85,000 at the end of January.
“Until the market reclaims $85k, the longer-term chart remains broken, and the path of least resistance technically remains lower,” Péquignot said in an interview during the Consensus Hong Kong conference.
Rising above $85,000 would confirm that buyers have established control, having soaked up all the supply that wrecked the long-term outlook. The bitcoin price was recently near $66,600, well below Péquignot’s make-or-break level, and deep in bear territory with room for more pain.
Speaking of the pain, $60,000 is the next big support, a price that nearly came into play early this month as bitcoin wilted alongside software stocks. According to Péquignot, it is a major psychological level, where large buy walls, or multiple purchase orders, have historically resided.
“If $60k fails to hold on a closing basis, the 200-week MA is the next logical, and possibly final stop for this correction,” he said.
The 200-week simple moving average (SMA) is widely regarded as the holy grail for bottom fishers, or traders hunting bargains at bear-market lows to time their bullish bets. Since 2015, multiple bitcoin bear markets have hit lows near this average, which is why traders now track it closely. The average is currently located at around $58,000.
“Traders would be looking at the $58k–$60k range as the ultimate support,” Péquignot said.
Crypto World
SanDisk (SNDK) Stock Rallies 5% as Memory Shortage Gets Worse – Time to Buy?
TLDR
- SanDisk stock climbed 5.16% Thursday as Kioxia’s strong guidance triggered a rally across memory chip stocks
- Japanese chipmaker Kioxia reported customers booking NAND supply for 2027-2028, two years earlier than typical one-year advance contracts
- Memory chip shortage expected to persist through 2026 as manufacturers prioritize high-bandwidth memory over NAND production
- SanDisk trades at 15x forward P/E despite sitting 14% below February peak, with gross margins expanding to 50.9%
- Micron’s early HBM4 chip shipments reinforce tight supply expectations as AI data center demand continues growing
SanDisk shares jumped 5.16% Thursday after Kioxia issued guidance pointing to an extended memory chip shortage. The rally lifted other memory stocks including Seagate Technology, up 5.87%, and Western Digital, up 3.78%.
Kioxia forecast full-year sales and operating income above analyst expectations. Fourth-quarter revenue is projected at ¥890 billion with adjusted net income of ¥340 billion, both beating estimates.
The Japanese manufacturer revealed customers are securing memory contracts for 2027 and 2028. This represents a major shift from the industry norm of one-year advance bookings.
Early Contract Bookings Signal Supply Crunch
The rush to lock in future supply suggests companies expect shortages to last years, not months. Kioxia CFO Hideki Hanazawa confirmed tight supply is pushing selling prices sharply higher.
Micron started shipping next-generation HBM4 memory chips ahead of schedule. The early rollout reinforces expectations that supply constraints will continue through 2026.
NAND flash memory is used in solid-state drives for cloud servers. As companies build AI infrastructure, they need massive storage capacity for training data and outputs.
The current shortage stems from decisions made after the pandemic. Memory makers overbuilt capacity during strong electronics demand. The resulting oversupply crashed NAND prices and turned gross margins negative.
Why SanDisk Benefits Most
Companies responded by cutting NAND production and shifting capacity to DRAM and high-bandwidth memory. HBM delivers better margins and became essential for AI chip performance.
But AI data centers started buying huge quantities of NAND-based storage. With production slashed and demand surging, prices skyrocketed.
SanDisk led Thursday’s gains because it manufactures NAND chips through a joint venture with Kioxia. The company has direct exposure to rising flash memory prices.
Western Digital and Seagate, which sell data center storage products, typically follow memory pricing trends.
SanDisk stock trades 14% below its February highs despite Thursday’s rally. The pullback has created a potential entry point at attractive valuations.
The stock trades at 15 times forward earnings for fiscal 2026 ending June. That multiple drops to 7.5 times fiscal 2027 estimates.
Last quarter, SanDisk posted 61% revenue growth. Gross margins expanded from 32.3% to 50.9% year-over-year. Adjusted earnings per share jumped fivefold.
The company represents one of the few pure-play investments in flash memory after spinning off from Western Digital about a year ago.
Memory stocks had cooled earlier this year following a strong rally. Kioxia’s guidance reassured investors that elevated chip prices will continue supporting profits.
The NAND market appears to be transitioning from a cyclical business to structural growth driven by AI data center buildouts. Kioxia’s comments about 2027-2028 bookings suggest tight conditions will persist longer than many expected.
Crypto World
Kalshi enters $9B sports insurance market with new brokerage deal
Kalshi is moving deeper into the sports insurance market after announcing a partnership with sports insurance broker Game Point Capital, according to comments from CEO Tarek Mansour.
Summary
- Kalshi has partnered with Game Point Capital to expand into the $9 billion sports insurance and reinsurance market, which is projected to double by 2030.
- Game Point executed two basketball bonus hedges on Kalshi at significantly lower prices (6% and 2%) compared to traditional OTC reinsurance rates of 12–13% and 7–8%.
- Kalshi is positioning its exchange as a cheaper, more transparent alternative to traditional reinsurers like Lloyd’s of London, citing growing liquidity and institutional capacity.
The collaboration targets the fast-growing sports insurance and reinsurance industry, currently valued at around $9 billion annually and projected to double by 2030.
The market covers a range of risks, including brand sponsorship guarantees, game cancellations, player compensation structures, and performance-based bonuses.
Game Point Capital issues hundreds of millions of dollars in sports insurance each year. One of its most in-demand products is team and player performance bonus insurance, which protects teams against large payouts triggered by milestones such as playoff appearances, championship wins, or statistical achievements.
Kalshi undercuts traditional reinsurance pricing
Last week, Game Point executed two basketball-related performance bonus hedges on Kalshi’s exchange. One contract covered a bonus tied to a team making the postseason, priced at 6% on Kalshi compared with roughly 12–13% in the over-the-counter (OTC) market.
Another hedge, linked to advancing to the second round, was priced at 2% on Kalshi versus approximately 7–8% OTC.
Traditionally, insurers seeking to offload risk negotiate directly with reinsurance providers such as Lloyd’s of London. These OTC arrangements often involve bilateral negotiations, limited transparency, and higher pricing, particularly for volatile or higher-risk contracts.
Mansour argued that exchanges offer a competitive alternative by expanding liquidity and allowing multiple counterparties to bid in an open market, improving price discovery and lowering costs.
Kalshi’s pitch hinges on liquidity. During the recent Super Bowl, the exchange could have processed a $22 million trade without significantly moving market prices, according to the CEO.
With that depth, Kalshi expects to handle tens of millions of dollars in similar hedging transactions from Game Point in the coming months, positioning prediction markets as an emerging tool in institutional sports risk management.
Crypto World
Crypto market wobbles as investors ignore good news, look for the ‘exit ramp’: Crypto Daybook Americas
Crypto Daybook Americas will not be published on Monday, Feb. 16 due to the Presidents’ Day holiday in the U.S. We will be back on Feb. 17.
By Francisco Rodrigues (All times ET unless indicated otherwise)
Bitcoin is on track for a fourth straight weekly decline in its longest negative streak since mid-November. The largest cryptocurrency has lost 1.7% in the past 24 hours and 4.8% since Monday morning.
The broader CoinDesk 20 Index (CD20) fell 2% in a market that, according to Bitwise research analyst Danny Nelson, is mostly driven by fear. Indeed, the Crypto Fear and Greed Index has now been in “extreme fear” territory for almost two weeks.
“The market’s main driver right now is fear. Fear that we’ll go lower,” Nelson told CoinDesk. “In a market like this, good news doesn’t register with investors. If they see an exit ramp, they’re taking it.”
To illustrate his point, Nelson pointed to the reaction to Uniswap’s 25% increase after the world’s largest asset manager, BlackRock (BLK), said it was making shares of its $2.2 billion tokenized U.S. treasury fund BUIDL tradable on the decentralized exchange. The token has now given back the gains made after that announcement.
“Sellers bearish on the market’s short-term direction overwhelmed the bulls betting that institutional adoption will drive value long-term,” he said.
Earlier this week, stronger U.S. payroll data and a falling unemployment rate prompted traders to rethink rate-cut expectations for the year. Further guidance may come later today in the form of inflation figures for the world’s largest economy.
The U.S. Consumer Price Index (CPI) for January is forecast to show 2.5% year-over-year inflation.
Adding to that uncertainty is concern over a partial U.S. government shutdown. Odds of that occurring tomorrow are now around 90% on prediction market Kalshi. If one materializes, expect even more volatility amid thin trading. Stay alert!
Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today
What to Watch
For a more comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead“.
- Crypto
- Macro
- Feb. 13, 8:30 a.m.: U.S. core inflation rate YoY for January (Prev. 2.6%); MoM Est. 0.3% (Prev. 0.2%)
- Feb. 13, 8:30 a.m.: U.S. inflation rate YoY for January (Prev. 2.7%); MoM Est. 0.3% (Prev. 0.3%)
- Earnings (Estimates based on FactSet data)
- Feb. 13: Trump Media & Tech Group (DJT), post-market
- Feb. 13: HIVE Digital Technologies (HIVE), post-market, -$0.07
Token Events
For a more comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead“.
- Governance votes & calls
- Unlocks
- Token Launches
Conferences
For a more comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead“.
Market Movements
- BTC is up 1.75% from 4 p.m. ET Thursday at $66,933.65 (24hrs: -0.83%)
- ETH is up 2.05% at $1,961.15 (24hrs: -0.97%)
- CoinDesk 20 is up 1.48% at 1,913.46 (24hrs: -1.96%)
- Ether CESR Composite Staking Rate is down 15 bps at 2.85%
- BTC funding rate is at 0.0019% (2.0947% annualized) on Binance

- DXY is up 0.13% at 97.05
- Gold futures are up 1.41% at $4,993.10
- Silver futures are up 3.65% at $78.30
- Nikkei 225 closed down 1.21% at 56,941.97
- Hang Seng closed down 1.72% at 26,567.12
- FTSE 100 is up 0.12% at 10,414.44
- Euro Stoxx 50 is down 0.16% at 6,001.38
- DJIA closed on Thursday down 1.34% at 49,451.98
- S&P 500 closed down 1.57% at 6,832.76
- Nasdaq Composite closed down 2.03% at 22,597.15
- S&P/TSX Composite closed down 2.37% at 32,465.30
- S&P 40 Latin America closed down 1.71% at 3,741.30
- U.S. 10-Year Treasury rate is down 7 bps at 4.10%
- E-mini S&P 500 futures are down 0.27% at 6,832.50
- E-mini Nasdaq-100 futures are down 0.29% at 24,696.00
- E-mini Dow Jones Industrial Average Index futures are down 0.33% at 49,358.00
Bitcoin Stats
- BTC Dominance: 59.01% (+0.41%)
- Ether-bitcoin ratio: 0.02923 (-0.55%)
- Hashrate (seven-day moving average): 1,027 EH/s
- Hashprice (spot): $33.55
- Total fees: 2.55 BTC / $170,716
- CME Futures Open Interest: 116,875 BTC
- BTC priced in gold: 13.5 oz.
- BTC vs gold market cap: 4.48%
Technical Analysis

- Bitcoin remains pressured below the 200-week exponential moving average of $68,324.
- A confirmed weekly close below this level historically signals a further 20%-25% capitulation.
- The would take it toward the $51,000–$54,000 range before a bottom forms
Crypto Equities
- Coinbase Global (COIN): closed on Thursday at $141.09 (-7.90%), +5.87% at $149.37 in pre-market
- Circle Internet (CRCL): closed at $56.63 (-2.13%), +1.71% at $57.60
- Galaxy Digital (GLXY): closed at $20.15 (-1.23%)
- Bullish (BLSH): closed at $31.71 (-0.53%), +0.28% at $31.80
- MARA Holdings (MARA): closed at $7.25 (-4.10%), +1.10% at $7.33
- Riot Platforms (RIOT): closed at $14.20 (-4.05%), +0.85% at $14.32
- Core Scientific (CORZ): closed at $17.48 (-3.37%), +0.11% at $17.50
- CleanSpark (CLSK): closed at $9.31 (-3.22%), +1.18% at $9.42
- CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $40.10 (-3.70%)
- Exodus Movement (EXOD): closed at $10.19 (+1.09%)
Crypto Treasury Companies
- Strategy (MSTR): closed at $123.00 (-2.44%), +1.54% at $124.89
- Strive (ASST): closed at $7.70 (-4.82%), +0.52% at $7.74
- SharpLink Gaming (SBET): closed at $6.54 (-1.21%), +1.07% at $6.61
- Upexi (UPXI): closed at $0.74 (-8.82%)
- Lite Strategy (LITS): closed at $1.03 (-3.74%)
ETF Flows
Spot BTC ETFs
- Daily net flows: -$410.2 million
- Cumulative net flows: $54.3 billion
- Total BTC holdings ~1.27 million
Spot ETH ETFs
- Daily net flows: -$113.1 million
- Cumulative net flows: $11.67 billion
- Total ETH holdings ~5.8 million
Source: Farside Investors
While You Were Sleeping
Crypto World
Is Crypto Becoming a Tool for Human Trafficking Networks?
Cryptocurrency flows to services linked with suspected human trafficking surged 85% year over year in 2025.
The findings come from a new report by blockchain analytics firm Chainalysis, which highlighted that the intersection of cryptocurrency and suspected human trafficking expanded markedly last year.
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Which Crypto Assets Are Most Used in Suspected Human Trafficking Networks?
The report outlined four primary categories of suspected crypto-facilitated human trafficking. This includes Telegram-based “international escort” services, forced labor recruitment linked to scam compounds, prostitution networks, and child sexual abuse material vendors (CSAM).
“The intersection of cryptocurrency and suspected human trafficking intensified in 2025, with total transaction volume reaching hundreds of millions of dollars across identified services, an 85% year-over-year (YoY) increase. The dollar amounts significantly understate the human toll of these crimes, where the true cost is measured in lives impacted rather than money transferred,” Chainalysis wrote.
According to the report, payment methods varied across categories. International escort services and prostitution networks used stablecoins.
“The ‘international escort services are tightly integrated with Chinese-language money laundering networks. These networks rapidly facilitate the conversion of USD stablecoins into local currencies, potentially blunting concerns that assets held in stablecoins might be frozen,” Chainalysis noted.
CSAM vendors have historically relied more heavily on Bitcoin (BTC). However, Bitcoin’s dominance has declined with the rise of alternative Layer 1 networks.
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In 2025, while these networks continue to accept mainstream cryptocurrencies for payments, they increasingly turn to Monero (XMR) to launder proceeds. According to Chainalysis,
“Instant exchangers, which provide rapid and anonymous cryptocurrency swapping without KYC requirements, play a crucial role in this process.”
The Dual Role of Crypto in Human Trafficking-Linked Transactions
Chainalysis noted that the surge in cryptocurrency flows to services linked with suspected human trafficking is not occurring in isolation. Instead, it mirrors the rapid expansion of Southeast Asia–based scam compounds, online casinos and gambling platforms, and Chinese-language money laundering (CMLN) and guarantee networks operating primarily through Telegram.
Together, these entities form a fast-growing regional illicit ecosystem with global reach. According to the report, Chinese-language services operating across mainland China, Hong Kong, Taiwan, and multiple Southeast Asian countries exhibit advanced payment processing capabilities and extensive cross-border networks.
Furthermore, geographic analysis reveals that while many trafficking-linked services are based in Southeast Asia, cryptocurrency inflows originate globally. Significant transaction flows were traced to countries including the United States, Brazil, the United Kingdom, Spain, and Australia.
“While traditional trafficking routes and patterns persist, these Southeast Asian services exemplify how cryptocurrency technology enables trafficking operations to facilitate payments and obscure money flows across borders more efficiently than ever before. The diversity of destination countries suggests these networks have developed sophisticated infrastructure for global operations,” the report read.
At the same time, Chainalysis stressed that blockchain transparency offers investigators deeper visibility into trafficking-related financial activity.
Unlike cash transactions, which leave little to no audit trail, blockchain-based transfers generate permanent, traceable records. This creates new opportunities for detection and disruption that are not possible with traditional payment systems.
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