Blockpass enters Hong Kong broker market with 2GoTrade
Digital identity verification provider Blockpass is entering the Hong Kong broker market for the first time via an integration with broker technology platform 2GoTrade, reports Jane Connolly.
2GoTrade takes care of software applications, infrastructure and hardware, networks and command control systems and processes. The platform supports Hong Kong Exchange, global equity products and China A/B shares for retail and institutional brokers.
Blockpass’s Know-Your-Customer (KYC) and Anti-Money Laundering (AML) verification services will enable to 2GoTrade’s 100 Hong Kong-based clients to onboard new retail customers with just one click.
Through its network of partners, Blockpass is creating an ecosystem of pre-verified customers. Its portfolio of KYC Connect products allows businesses to implement solutions through an API.
“This is a particularly exciting integration of the Blockpass KYC Connect solution,” says Blockpass CEO, Adam Vaziri. “By partnering with 2GoTrade, we are showcasing another unique and innovative use of our technology and furthering the development of our ever-growing Blockpass ecosystem of customers and merchants.”
“Blockpass KYC Connect is an ultimate onboarding solution for financial institutions in Hong Kong and resonates well with the latest SFC announcement on remote onboarding of overseas individual clients,” adds 2GoTrade’s CEO, Jay Law.
“We are thrilled to be partnering with Blockpass in bringing cutting edge KYC technology to our broker clients for onboarding new retail customers, especially those from the mainland China.”
This is the latest of several recent partnerships and integrations for Blockpass, following Waves, Tokenomica, Ethfinex and more.