For the first time, institutions can control what happens after a crypto transaction settles, not just before it.

Once a transaction confirms on-chain, there has never been a safe, standardized way to reverse or correct it. Post-settlement workflows have been manual, fragmented, and high-risk — institutions relying on email, informal coordination, and unverified wallet addresses to handle something as routine as a refund. The moment a transaction moved between two institutions, there was no coordinated mechanism to return the funds.

Revert closes that gap. It's a post-settlement control layer for digital assets that lets institutions initiate, authorize, and complete returns of funds with verified wallet destinations and a full audit trail — across counterparties, not just within a closed ecosystem.

Read the full press release.

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How it works

Either side of a transaction — the originator or the beneficiary — can initiate a revert request. The full flow:

1. The institution initiating the return submits a revert request with a reason attached.
2. The counterparty receives the request through the Notabene platform and reviews it.
3. If approved, the counterparty provides a verified wallet address for where the funds should be sent.
4. The initiating institution executes the return to that verified address.
5. Both sides retain full status and timeline visibility, from the initial request through to settlement.

The critical step is #3: the wallet address is confirmed through the coordination process before funds move. That's what eliminates the operational risk that has made cross-institution returns so difficult — no more sending funds back blindly to an address that may not be able to receive them.

For a full walkthrough of the technical mechanics, visit our help documentation.

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What institutions use Revert for

• Customer refunds where funds need to be returned to the original sender
• Operational corrections — transactions sent in error, wrong amounts, or wrong counterparty
• Dispute resolution between institutions
• Regulatory return obligations, including cases where Travel Rule regulations require a beneficiary to return funds to the originator

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Open to the whole industry

Revert is built on the Transaction Authorization Protocol (TAP), the open standard for institutional communication about crypto transactions. Any institution that has implemented TAP can participate in coordinated return flows — regardless of whether they have a commercial relationship with Notabene. This is infrastructure for the industry, not a feature locked behind a single platform.

Revert is available today across the Notabene Network, which connects more than 2,100 regulated institutions across 100+ jurisdictions and has processed over $2 trillion in compliant transaction volume.

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Already a Notabene customer? Revert is available now. Reach out to your Customer Success Manager or contact us at [email protected] to get set up.

Not yet on the Notabene Network? Book a demo and we'll walk you through how Revert works in the context of your operations.

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