Celebrating 25 Million Transfers and $500B in Transaction Volume Processed on the Notabene Network
We’re so proud to announce that Notabene has reached a significant milestone – processing over 25 million transactions and $500B in transaction volume through our secure Travel Rule compliance solution. This achievement underscores our position as the industry’s largest active Travel Rule network, as well as our commitment to facilitating secure and compliant cryptocurrency transactions on a global scale.
As a leader in Travel Rule compliance since 2020, Notabene has been at the forefront of enabling Virtual Asset Service Providers (VASPs) to meet regulatory requirements while maintaining the efficiency and speed that crypto users expect. Our solution has become an integral part of the crypto ecosystem, bridging the gap between traditional financial regulations and the innovative world of digital assets.
Reaching 25 million transactions is not just a number—it's a testament to the scale and impact of our solution in the crypto compliance industry. This milestone has far-reaching implications for the broader crypto ecosystem. It demonstrates that large-scale compliance is not only possible but can be achieved without sacrificing the speed and efficiency that are hallmarks of cryptocurrency transactions. It also shows that the industry is maturing, with VASPs increasingly prioritizing regulatory compliance as part of their operations.
By facilitating 25 million compliant transactions, Notabene has played a crucial role in driving Travel Rule compliance within the crypto industry. This has contributed to increased trust and legitimacy in the eyes of regulators and traditional financial institutions, while enabling our customers to grow their business in a scaleable way.
Our Journey to 25 Million
The path to 25 million transactions has been marked by continuous innovation, strategic partnerships, and overcoming significant challenges in partnership with our valued customer base. Along the way, we have:
- Launched our first Travel Rule solution in 2020
- Expanded our network to include VASPs from over 50 countries
- Implemented support for multiple blockchain protocols and countless crypto wallets
- Launched first of its kind Phased Implementation Plan to aid VASP roll out of Travel Rule
- Launched the first Travel Rule Certification program in the crypto industry
- Engaged extensively with regulators and industry associations to address some of the most complex challenges in implementing the Travel Rule
- Developed and released the Transaction Authorization Protocol (TAP), a decentralized protocol solution for the entire industry
- Launched our innovative SafeTransact for Networks, bringing a layer of compliance to the robust networks where transactions already occur
- Built a best-in-industry self-hosted wallet solution that provides end-users with an elegant UX with a simple and powerful embeddable component
And we’re just getting started.
We will continue to rapidly grow our network volume by adapting to rapidly evolving regulations, ensuring interoperability with various VASP systems, and maintaining the highest standards of data security and privacy.
As we celebrate this milestone, we want to highlight our commitment to being the leading provider of Travel Rule solutions in the cryptocurrency space. This achievement would not have been possible without the trust and collaboration of our partners, clients, and the dedicated Notabene team.
To VASPs not yet on our network, there’s never been a better time. Join the largest and most far-reaching Travel Rule compliance network in the crypto industry.
Contact our team to learn how Notabene can help your organization meet Travel Rule requirements and be part of the next 25 million transactions.
