On-chain compliance solution provider Forte acquires Sealance Corp

ChainCatcher news, according to official sources, on-chain compliance solution provider Forte has acquired the cryptocurrency trust platform Sealance Corp. Through this acquisition, Web3 developers can utilize the ZK strategy engine and Forte's rule engine for compliant KYC verification, and manage on-chain identities across real-world assets (RWA), stablecoins, DeFi, and institutional use cases, while managing privacy through Sealance's ZK technology.

It is reported that Sealance Corp is the creator of the first zero-knowledge (ZK) strategy engine, aimed at facilitating regulatory compliance in decentralized blockchains.