SINGAPORE, April 30, 2026 — VerifyVASP, a leading provider of Travel Rule compliance solutions, has completed the acquisition of Sygna, a prominent Japan-based Travel Rule infrastructure provider. The transaction advances VerifyVASP’s global expansion and reinforces its role as a core compliance infrastructure partner for Virtual Asset Service Providers (VASPs) in key jurisdictions.
A step toward a unified Travel Rule ecosystem
Integrating Sygna into VerifyVASP’s platform represents a major consolidation in the Travel Rule landscape. By combining networks and technology, VerifyVASP aims to reduce fragmentation and deliver an interoperable, standards-aligned compliance network that meets national regulatory frameworks, FATF expectations, and global data protection obligations.
At the heart of the combined offering is VerifyVASP’s Verified Network, a global compliance infrastructure that supports secure, real-time, standardized data exchange between VASPs. Adding Sygna’s coverage and relationships expands the network’s geographic reach, scale, and regulatory depth, strengthening its network effects and operational resilience.
Seamless transition and enhanced connectivity
Existing Sygna members will continue operating without disruption while being progressively onboarded to the Verified Network in a manner that respects local regulatory requirements. This migration will broaden connectivity across major markets and improve interoperability among regulated counterparties.
Similarly, current VerifyVASP members will gain direct access to an enlarged set of regulated partners, enabling more efficient cross-border transfers, lower friction in compliance workflows, and streamlined counterparty due diligence.
Leadership perspectives
Shih Yun Chia, CEO of VerifyVASP, said, “Acquiring Sygna reinforces our commitment to establishing a global, objectives-based standard for Travel Rule compliance. This expansion comes as international bodies, regulators, and financial intelligence units intensify efforts to improve enforcement and oversight.”
Michael Ou, Founder and CEO of Sygna, added, “Sygna was built to provide trusted compliance infrastructure in one of the world’s most demanding regulatory environments. We’re proud of the team’s work in Japan and confident that joining VerifyVASP will extend that impact globally. Together, we can better support VASPs with secure and efficient Travel Rule compliance.”
Supporting evolving regulatory expectations
As regulatory expectations evolve, VerifyVASP says it will continue to focus on building a globally connected compliance ecosystem that supports VASPs, financial institutions, and regulators in creating secure, transparent, and trusted digital asset markets.
About VerifyVASP Pte. Ltd.
VerifyVASP Pte. Ltd., a subsidiary of Upbit Global Pte. Ltd., provides Travel Rule compliance infrastructure to VASPs worldwide. Its end-to-end suite covers counterparty due diligence, interoperable messaging protocols, on-chain risk analytics, and advisory services on Travel Rule and data protection requirements. VerifyVASP also delivers advanced tools for law enforcement to help prevent, detect, and investigate illicit activity involving digital assets.
About Sygna Inc.
Sygna Inc. is an early provider of Travel Rule solutions with strong coverage across Japan’s regulated digital asset market. The company has built connectivity with leading Japanese VASPs, positioning it as a strategic gateway to Japan’s digital asset ecosystem.