By Henry Burrows, Co-Founder of Hoptrail_
This wasn't a unique problem – I soon found it was a systematic failure affecting thousands of crypto investors and the banks trying to serve them. That frustrating experience led me to found Hoptrail, and today I'm excited to share the next chapter of our journey: the launch of [The problem that started it allThink about it from a compliance team's perspective: a high-net-worth prospect walks in with a substantial crypto portfolio built over a decade of trading. They've used dozens of exchanges, traded across multiple blockchains, held countless different assets, and moved funds between various wallets. How do you piece together this complex financial history using traditional banking tools?Since founding Hoptrail in 2021, our team has conducted hundreds of crypto source of wealth reports for private banks, family offices, and regulated institutions across the globe. We've seen firsthand the challenges compliance teams face when trying to onboard crypto customers. Most importantly, we've learned that speed matters as much as accuracy. In today's competitive market, banks that can onboard crypto customers in days rather than months will win the business.
Introducing CasesHere's what Cases delivers:
*********The institutions already using Cases are seeing transformative results. Compliance teams that previously spent weeks or months on crypto due diligence are now completing comprehensive analyses in days. They're confidently onboarding high-value crypto customers they couldn't touch before, while actually reducing the time and resources required for each case.Built by compliance experts, for compliance teamsThis isn't a tech team trying to understand compliance – it's a compliance-focused team that happens to be excellent at building technology.Embrace crypto with less risk*Cases represents our commitment to solving this challenge not just for individual cases, but at scale, for the entire financial services industry.
Ready to transform your crypto compliance?**We're offering a [ _Henry Burrows is the Founder of Hoptrail. Prior to starting the company, he ran the crypto division of a London-based business intelligence firm. Previously he worked in corporate investigations and investment banking in London and Mumbai.
Contact the team at info@hoptrail.io to learn more about Cases._