Karen Chen, Co-Founder and CEO at Coinsuper

Hong Kong-based virtual asset exchange Coinsuper has selected KRM22‘s market surveillance product, Irisium, in a bid to monitor market activity and to drive efficiency and transparency across the exchange.

Karen Chen, Co-Founder and CEO at Coinsuper, commented, “We are committed to building an accessible, secure and compliant platform for professional investors. As the cryptocurrency space matures, it is essential that we hold ourselves to the highest standards of market integrity. Selecting and implementing a market surveillance solution which not only meets the expectations of our clients, but also allows Coinsuper to satisfy any future regulatory obligations, is key to achieving that.”

Launched in 2018, Coinsuper’s platform aims to build an accessible, secure and compliant environment for professional investors.

Saeed Patel, Director of Product Strategy at KRM22, said, “We are seeing a growing interest in surveillance across the Asia-Pacific region as local regulators shape the frameworks governing the digital asset marketplace. Coinsuper followed a rigorous selection process, recognising the need to adopt a solution that complies with global standards early on. We are confident that our trade surveillance solution will assist Coinsuper in continuing to ensure a fair and orderly market for their customers”.

Recently, KRM22 partnered with Trailight Ltd with an aim to enhance KRM22’s Global Risk Platform.

by Megha Bhattacharya
Market Analyst at IBS Intelligence