SINGAPORE, April 30, 2026 /PRNewswire/ — VerifyVASP, a leading Travel Rule solution provider, announced today the acquisition of Sygna, a prominent Japan-based compliance infrastructure firm. The deal advances VerifyVASP’s global expansion and reinforces its role as a core compliance provider for Virtual Asset Service Providers (VASPs) in key international markets.
Consolidating the Travel Rule Ecosystem
The acquisition is a significant step toward consolidating a fragmented Travel Rule market into a unified, interoperable compliance network that aligns with national regulations, FATF standards, and global data protection requirements. Central to this effort is VerifyVASP’s Verified Network, a global compliance infrastructure enabling secure, real-time, standardized data exchange between VASPs. Integrating Sygna expands the network’s scale, geographic reach, and regulatory depth, strengthening its network effects and compliance capabilities.
Sygna’s existing members will continue operating without disruption and will be progressively onboarded to the Verified Network with processes tailored to local regulatory requirements. VerifyVASP’s current members will gain access to an expanded set of regulated counterparties, improving cross-border transaction efficiency, reducing friction, and enabling smoother compliance workflows.
The Global Standard for Travel Rule Compliance
The acquisition reinforces VerifyVASP’s position as a global standard-setter for Travel Rule infrastructure. Shih Yun Chia, CEO of VerifyVASP, said the purchase “underscores our commitment to setting the global standard for Travel Rule compliance through an expanded, objectives-based network,” occurring as regulators worldwide intensify enforcement.
Michael Ou, Founder and CEO of Sygna, said Sygna was built to create trusted compliance infrastructure in one of the world’s most demanding regulatory environments. He added that joining VerifyVASP will significantly extend Sygna’s reach and impact, putting both organizations in a stronger position to support VASPs with secure, efficient, global Travel Rule compliance.
About VerifyVASP Pte. Ltd.
VerifyVASP Pte. Ltd., a subsidiary of Upbit Global Pte. Ltd., provides secure, scalable Travel Rule compliance infrastructure for VASPs worldwide, including counterparty due diligence, interoperable messaging protocols, on-chain risk analytics, and advisory services. It also offers solutions to law enforcement for preventing, detecting, and investigating illicit digital asset activity.
About Sygna Inc.
Sygna Inc. is a pioneer in Travel Rule solutions with strong coverage in Japan. It has built deep connectivity among leading VASPs in one of the world’s most regulated digital asset markets, serving as a strategic gateway to Japan’s ecosystem.