FTX taps Eventus for global trade surveillance and risk monitoring

Global cryptocurrency exchange FTX has chosen to deploy Eventus’ Validus platform for trade surveillance and risk monitoring on all FTX markets globally.

According to Eventus, the move represents a substantial expansion of the relationship the two firms established late last year, when FTX US chose to deploy the Validus platform trade surveillance and risk monitoring on the FTX US spot market and on FTX US Derivatives.

Eventus CEO Travis Schwab said, “We’re incredibly honoured that FTX.COM has placed its full confidence in our platform after experiencing first-hand its power and versatility for meeting compliance and regulatory goals.

“The exchange has made abundantly clear the importance of a fulsome trade surveillance program to its overall mission, and we’re particularly pleased that FTX leaders recognise how Validus can meet its changing needs as the company continues to grow at such a stunning pace and establish new regulated markets in jurisdictions throughout the world.”

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