Unizen partners with AllianceBlock to bring effortless KYC/AML to all DeFi modules for institutional traders

Unizen: Smart Exchange Ecosystem
3 min readMay 12, 2021

Unizen is pleased to announce a partnership with AllianceBlock, who are building the world’s first globally compliant decentralized capital market, in order to further connect traditional finance and decentralized finance.

As a result of this partnership, one of the first third-party modules that’ll get onboarded onto the Unizen smart eco-system will be AllianceBlock’s DeFi Terminal V1 (LMaaS) product, an easy-to-use whitelabeled solution which has no cost to deploy. This solution will allow users to easily provide liquidity, manage their positions and earn rewards. Upon feature release, this will also include Single-Sided Liquidity Provisioning (SSLP), which will enable stakers to stake solely ZCX tokens and benefit from the same rewards as providing dual-pair liquidity.

Furthermore, by leveraging the AllianceBlock protocol and API endpoints, Unizen is able to enable frictionless and optional KYC across all native and third-party modules for institutional and retail traders on the platform. We’re also able to toggle modules automatically with KYC requirements like Unizen CEX, based on the KYC status of the trader leveraging our platform.

“AllianceBlock will bring utility in a deeply meaningful way across multiple Unizen exchange modules via an innovative and comprehensive approach to KYC. We are proud to partner with thought leaders in this space, and will continue to cultivate a long term relationship with Rachid and the AllianceBlock team.”

- Sean Noga, CEO of Unizen.

Our trade aggregation algorithm will take the KYC status of the trader into consideration as the best trades are identified across the Unizen modules. This will be a fundamental piece of our overarching technology and highlights our commitment to making digital asset markets safe and easy for everyone, no matter the platform requirements or preferences. Our goal is to empower the fundamentals of this space, pioneer the CeDeFi space and to break free of currently siloed innovations to unlock the potential of a true one-stop shop for liquidity.

“The Unizen team is building an exciting hybrid CEX/DEX liquidity solution with a clear focus on compliance which goes well in line with our own vision to build the first globally compliant capital market. At the same time, we are happy to provide Unizen with our Liquidity Mining as a Service (LMaaS) solution which will allow their community to have the same liquidity benefits the AllianceBlock community already enjoys with around 50 million worth of USD locked in our contracts.”

- Rachid Ajaja, CEO of AllianceBlock

About AllianceBlock

AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.

Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.

About Unizen

Unizen is a 360° compliant liquidity solution for aggregating all aspects of the digital asset economy into a single seamless interface. A trading infrastructure built on multi-chain deep liquidity from best-in-class centralized and decentralized sources, eliminating the need for trading platform alternatives. Social sentiment indicators driven by AI learning enhance the trading experience for users in search of both traditional and emergent cryptocurrency listings. ZenX incubator discovers, accelerates, and delivers the next generation of digital assets exclusively to Unizen.

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