CRYMBO is pleased to announce a partnership with the XDC Foundation, a driving force behind the XDC Network, an enterprise-grade Layer 1 blockchain optimized for global trade and finance. This strategic collaboration integrates CRYMBO’s cutting-edge Oracle into the XDC ecosystem, unlocking on-chain compliance, encrypted identity infrastructure, and scalable workflows tailored for institutional adoption.
Financial institutions are eager to harness blockchain’s potential but face hurdles like regulatory compliance, data privacy, and operational complexity. CRYMBO’s innovative oracle embeds privacy-preserving, auditable compliance directly into the XDC Network, eliminating the need for off-chain coordination. This breakthrough positions XDC as a regulatory-ready platform for tokenized assets, stablecoins, real-world assets (RWAs), and institutional decentralized finance (DeFi).
“This partnership sets a new standard for blockchain adoption in finance. By embedding compliance into XDC’s core, we’re empowering institutions to embrace blockchain with confidence, security, and scalability,”
said Eyal Daskal, CEO of CRYMBO
According to a 2023 EY survey, 69% of institutional investors plan to increase allocations to digital assets in the next two to three years, with regulatory compliance being a key factor in building trust for broader adoption. By 2027, they expect digital assets to constitute 7.2% of their portfolios, underscoring the role of compliance in enabling this growth.
Key Benefits of the CRYMBO-XDC Integration
- Seamless Compliance: Native support for FATF Travel Rule and KYC/AML requirements ensures regulatory alignment.
- Encrypted Identity Management: Secure, on-chain identity and metadata exchange protect sensitive data.
- Tailored Workflows: Custom solutions for banks, custodians, and tokenization platforms streamline operations.
- Real-World Applications: Co-developed pilots for stablecoins, tokenized invoices, and RWAs drive practical adoption.
- Audit-Ready Infrastructure: Fully transparent, on-chain compliance with zero off-chain dependencies.
Ziv Keinan, Head of Market and Partnerships at XDC Network, added,
“The XDC Network is leading the charge toward real-world blockchain adoption. CRYMBO’s integration positions XDC Network as the future-proof backbone for institutional finance, embedding compliance into our protocol’s core. This empowers global institutions to confidently build and scale next-generation financial solutions — tokenized assets, DeFi, and beyond — on a secure, regulatory-ready platform poised to shape the future of blockchain-driven finance.”
About CRYMBO
CRYMBO bridges on-chain and off-chain data through a decentralised oracle, enabling real-time validation, secure identity management, and privacy-preserving compliance.
Its interoperable platform unifies TradFi, CeFi, and DeFi into a seamless, cost-effective, and compliant ecosystem.
About XDC Network
XDC Network is an enterprise-grade Layer 1 blockchain built for real-world finance. With low fees, high throughput, and a hybrid (public/private) architecture, XDC is trusted by institutions to power trade finance, tokenization, and scalable blockchain applications.