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Ethereum Co-Founder’s Firm Starts Compliance Service for Tokens

  • ConsenSys know-your-customer product will focus on DeFi
  • Automated system will track 280,000 tokens issued on Ethereum
Joseph Lubin

ConsenSys Inc., which is seeking to transform itself into a full-service software provider for the Ethereum network, is releasing an automated service for catching crypto’s bad guys.

Headed by one of Ethereum’s co-founders, Joseph Lubin, the New York-based company is rolling out a product focused on the know-your-customer regulatory compliance requirements that have proved to be a headache for many cryptocurrency firms.