Convergence Finance And Synaps Partnership For PRE-IDO KYC

Convergence Finance is thrilled to sealed a partnership with Synaps, a leading digital identity management protocol. Synaps will be providing KYC services for the pre-IDOs on Convergence Finance. Synaps has been the designated ID verification solution provider for top crypto exchanges and projects.

 “The idea of pre-IDO is gaining popularity among crypto enthusiasts. We expect to receive a tremendous response on the upcoming Lithium pre-IDO, and a reliable partner on KYC is a must for us. With Synaps’ expertise on digital identity management, we believe we’ve got that covered.”—Oscar Yeung, Co-Founder at Convergence Finance

This collaboration came after the announcement of Convergence launching its first pre-IDO sale. Synaps and Convergence partnership highlights the importance of having efficient and secure identity verification in the Convergence ecosystem.

 “Synaps has been pioneering mass adoption of blockchain technology since the very beginning. We appreciate the commitment of the Convergence team to bringing real assets into the DeFi space, and we are grateful to be part of that driving force.”—Florian Le Goff, CEO at Synaps

The know your customer (KYC) or know your client guidelines in financial services require that professionals make an effort to verify the identity, suitability, and risks involved with maintaining a business relationship. The procedures fit within the broader scope of a bank’s Anti-Money Laundering policy

ABOUT CONVERGENCE FINANCE
Convergence will be the first AMM to make private assets interchangeable in the DeFi space by fractionalizing them using a single easy-to-use interface and composable with other DeFi protocols. Convergence enables asset owners to take advantage of DeFi’s liquidity, while DeFi users can access exotic real-world assets unavailable to them before. Convergence Finance combines the edge of a lowered investment entry barrier with the liquidity, automation, and transparency features of DeFi to bring real-world asset exposure to all DeFi users.

ABOUT SYNAPS
Synaps is a blockchain agnostic protocol specialising in KYC/KYB and AML. Synaps is the trusted KYC solution for many of the biggest IDO platform such as Polkastarter, Superfarm, Solanium, Solstarter, Kickpad and some BSC pad projects.

RESOURCES
Medium