South Korea
Digital Asset
Bonanza Factory to Supply Blockchain Transaction Analysis Solution to K bank
- Bonanza Factory signed a deal with K bank on October 21 to supply its KYT transaction-analysis solution, TranSight.
- The solution is intended to support blockchain fund-flow analysis and AML compliance ahead of expected stablecoin and digital asset regulation.
- The two firms previously worked together via TranSafer, a KRW deposit/withdrawal solution tied to exchanges' K bank real-name accounts.