CRYMBO Launches OneSweep: Automating Crypto Transactions Consolidation with Smart Contracts and/or Wallet Infrastructure

CRYMBO, the compliance-first infrastructure layer for digital assets, today announced the launch of OneSweep, a feature designed to solve one of the most persistent challenges in digital asset operations: consolidating funds from multiple wallet addresses into a single, secure Omni Wallet.

Currently, businesses receiving crypto transactions from multiple sources face a time-consuming and error-prone process of manually consolidating funds. This not only slows down operations but also increases compliance and reconciliation risks.

OneSweep by CRYMBO solves this problem in two ways:

1. Smart Contract Automation

1. Temporary deposit addresses are automatically generated via smart contracts.
2. Each transaction is securely managed and instantly swept into the Omni Wallet.
3. Additional logic can be applied before consolidation, ensuring flexibility and compliance.
   

2. Wallet Infrastructure Integration

1. Works seamlessly with any wallet infrastructure, such as Fireblocks.
2. Temporary addresses are created within a fully compliant environment.
3. Funds are consolidated instantly into the central wallet, ready for operations or immediate trading.

This dual approach gives institutions unprecedented control and efficiency in managing crypto inflows, ensuring compliance while simplifying operations.

“Managing multiple wallet addresses has always been a bottleneck for institutions dealing with digital assets,” said Nir Hemo, Product Lead at CRYMBO. “With OneSweep, we’ve created an elegant, automated solution that combines compliance, efficiency, and user-friendliness, allowing businesses to focus on growth, not manual operations.”

Key Benefits of OneSweep

• Simplifies fund management – eliminates manual consolidation
• Compliance-ready – ensures KYT and regulatory standards are met
• Flexible integration – works with both wallet infrastructure and direct smart contracts
• Scalable – built for institutions handling high transaction volumes
  

With the launch of OneSweep, CRYMBO strengthens its mission to provide financial institutions, fintechs, and regulated entities with the tools they need to operate natively and confidently in the blockchain economy.

For more information about CRYMBO’s compliance infrastructure, visit www.crymbo.com.