Today, we are honored to announce our firm has been awarded Best Market Surveillance Solution of the Year at the Global Investor Group’s Futures & Options World (“FOW”) International Awards Ceremony held in London yesterday. We are particularly proud to be the first crypto-native firm to have been celebrated for this achievement. Crypto is not only transforming financial services, it’s also driving financial risk monitoring into the future. This recognition supports our belief, that there’s already much traditional finance can learn from crypto about risk monitoring, and how to approach risk in more dynamic and surgical ways.
The FOW International Award recipients are carefully selected by an esteemed panel of industry experts, who seek and recognize firms that excel in various categories related to the global derivatives industry.
“It’s an honor to be recognized as market surveillance leaders by one of the financial industry’s leading forums,” says Asaf Meir, Founder & CEO of Solidus Labs. “We are proud to pioneer the digital asset industry’s effort to advance market integrity through our tailored risk management technology.”
Meir added: “Our team’s dedication to providing quality comprehensive solutions that address crypto and DeFi’s unique challenges, allows us to further our mission of enabling safe and regulated crypto markets. We would like to thank FOW International for the recognition.”
“Solidus Labs has emerged as a go-to leader in providing market surveillance technology and solutions and was a clear choice as a recipient of this year’s award,” says Claudia Franks, Head of Marketing at FOW Events. “As market integrity becomes more important than ever, solutions like the enhanced machine learning technology that Solidus offers could set the standard across the entire digital asset ecosystem.”
This recognition comes at the end of a remarkable year here at Solidus: Demand for our solutions increased 400%, including from DeFi platforms, regulators and traditional finance; To address this demand we more than doubled our team, appointed former CFPB Director Kathy Kraninger as VP Regulatory Affairs, and announced two funding rounds of a combined $35 million; We were named category-definer for crypto market surveillance by Citigroup, and lead a winning team at the NY Department of Financial Services’ Techsprint; We hosted our largest-ever DACOM Summit featuring a fireside chat on crypto market integrity between two SEC Chairs (watch the full day summit), attended by thousands of crypto compliance professionals in-person and virtually. And most importantly, we worked with numerous clients and partners to deploy our solution, and bring more integrity, transparency and safety to crypto markets - we are incredibly thankful for the trust and partnership, and the opportunity to work together to enable crypto’s potential of creating more financial opportunity, transparency and efficiency in financial services.
It’s been a busy year, and we already can’t wait to see what 2022 brings, as Solidus is slated to continue our rapid growth as the leading provider of risk management and market surveillance technology for the digital asset, DeFi and NFT frontiers.