Today, NYALA and SurferMonkey are proud to unveil a transformative partnership aimed at revolutionizing financial privacy and compliance within blockchain technology. Traditional financial systems often grapple with inefficiencies that drive up costs and cause delays. Blockchain protocol promises to streamline processes across primary and secondary markets, yet its inherent transparency poses challenges such as privacy concerns and confidential data exposure to competitors.
NYALA leads the charge with its cutting-edge tokenization platform, converting real-world assets (RWAs, such as financial securities, equity, bonds, etc.) into digital twins. This innovation slashes operational costs and expands investment horizons, helping NYALA to move over €80 million across their digital assets platform. NYALA ensures seamless, compliant asset management, setting new benchmarks in efficiency.
SurferMonkey aims to complement NYALA's platform by introducing Regulatory Privacy to the ecosystem. Addressing critical privacy issues flagged by regulatory bodies like the FCA Crypto Task Force, SurferMonkey's solution safeguards transactional privacy while adhering to regulatory standards including the Travel Rule. Their pioneering ZKP Mixing technology shields sensitive transaction data from competitors, ensuring robust data protection and compliance with regulatory frameworks such as MiCa or the German Electronic Securities Act (eWpG).
Together, NYALA and SurferMonkey are trailblazing advancements in financial privacy and compliance for blockchain applications. This strategic collaboration explores diverse use cases, including Asset Minting, DvP (Delivery versus Payment) for bonds using stablecoin EURe (Monerium), and more. Institutions can confidently tokenize and manage assets with the assurance that their data remains secure, private, and regulatorily compliant.
“We are huge believers in public chain infrastructure, says NYALA Co-CEO Johannes Schmitt. “However, this infrastructure needs to be complemented with applications and tools that allow for selective confidentiality. This is why we are excited about partnering with SurferMonkey ”
“We believe in the potential of blockchain asset tokenization, however we know that many user cases cannot be exposed to anyone outside the institution sending them and regulators. Critical data cannot be exposed to prying eyes. Our collaboration with NYALA highlights how tokenized assets can be privatized on public blockchains,” says CEO of SurferMonkey Miguel Díaz Montiel.
NYALA and SurferMonkey eagerly anticipate the collaborative journey ahead, committed to unlocking new possibilities in Regulatory Privacy and asset tokenization. Stay tuned for further updates as they redefine the future of finance.
For additional information and to learn how this partnership can benefit your organization, please contact:
NYALA offers a comprehensive digital asset solution for securities issuers and investment platforms, covering issuance, management, registration and trading of tokenized securities. Trusted by industry leaders, NYALA integrates seamlessly with custodians and KYC providers to ensure regulatory compliance.
SurferMonkey specializes in providing Regulatory Privacy for blockchain transactions through its unique SDK integration. Engaged with financial regulators Digital Labs such as the FCA (UK) and ADGM (UAE), SurferMonkey employs Zero-Knowledge Proof technology to ensure secure, confidential, and compliant blockchain interactions.
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