Fortris and Merkle Science announce alliance to enhance security and compliance in digital asset treasury operations

Fortris, the digital assets treasury operations company, and Merkle Science, the predictive crypto risk intelligence platform, are partnering to curb illicit crypto activity and accelerate crypto compliance. The partnership will integrate Merkle Science’s state-of-the-art real-time transaction monitoring solution into Fortris’ comprehensive treasury operations platform.

Under the agreement, Fortris users can seamlessly access Merkle Science’s technology to detect suspicious crypto activity and ensure compliance with AML, KYC and CFT regulations when processing digital asset payments.

“Fortris and Merkle Science share the same values when it comes to institutional-grade security and compliance, customer experience and ease of use,” said Noah Herman, Chief Revenue Officer of Fortris. “Compliance best practices are a requirement of digital asset treasury operations at scale, and this integration will further broaden and deepen the robust compliance measures already available to our customers.”

“We are thrilled to partner with Fortris to address the critical need for enhanced security and compliance in crypto treasury operations. By integrating our predictive risk intelligence and real-time transaction monitoring with Fortris' digital asset solutions, we are creating a powerful tool to combat illicit activities and ensure regulatory adherence. This collaboration underscores our commitment to making the crypto ecosystem safer and more transparent,” said Mriganka Pattnaik, Chief Executive Officer of Merkle Science.

About Fortris

Founded in 2017 by a team of payment and security veterans, Fortris gives organizations the technology and expertise to embrace digital asset transformation in a secure and simplified manner.

This comprehensive approach allows Fortris clients to handle a wide range of financial operations, from liquidity optimization to cross-border transactions, all within the digital asset framework.

About Merkle Science

Merkle Science is a predictive crypto risk intelligence platform that enables crypto companies, financial institutions, and government agencies to detect illegal activities involving cryptocurrencies. By leveraging blockchain transaction monitoring and forensic analysis, Merkle Science provides actionable insights to mitigate ever-evolving crypto crime risks.