VASPnet
VASPnet operates a regulatory data platform that collects information from 124 regulators across 86 countries to deliver real-time licensing status and probability scores on virtual asset service providers for banks, VASPs, and compliance technology providers.
- Company typePrivate
- Founded2020
- HeadquartersGibraltar, Gibraltar
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What VASPnet does
VASPnet is a regulatory data platform for virtual asset service providers (VASPs), operated by Enhanced Compliance Solutions, Inc. (a Delaware corporation also doing business as CRB Monitor) and VASPnet Ltd, a Gibraltar private limited company that is part of the XReg Consulting group. The platform aggregates and standardises information collected directly from 124 regulators across 86 countries, covering 66,788+ service providers and refreshing over 80% of records every 24 hours. Its primary outputs, VASPdata and VASPindex, deliver, respectively, real-time regulatory status (licensed/not licensed) and probability scores indicating the likelihood that an entity is offering virtual-asset services.
The company's core technology is a data-engineering stack that pulls regulator feeds, public-authority records, media, and online activity, normalises them into a single schema, and serves them through both a direct customer portal at app.vaspnet.com and embedded integrations with compliance partners. VASPindex, launched in November 2023, layers probabilistic scoring on top of the curated dataset. VASPnet participates in the interVASP Standards Working Group and co-chairs IVMS 101 standards development, reinforcing its positioning as an authoritative source for FATF Recommendation 16 Travel Rule counterparty due diligence.
VASPnet operates a subscription-based, enterprise sales model with non-public pricing that targets VASPs, banks, and other financial institutions for compliance use, as well as Travel Rule Solutions Providers (TRSPs) and blockchain analytics companies that integrate its off-chain data into their platforms. Named enterprise integrations include Elliptic (announced July 2024) and Notabene (announced March 2022), with additional logo-level partner relationships spanning Coinbase, Scorechain, GlobalLedger, Know Your VASP, SimplifyLabs, gatenox, Shyft, XReg Compliance, OpenVASP, and GBBC Digital Finance. The company reports 1-10 employees and has no externally disclosed funding, with the parent XReg Consulting providing strategic, regulatory, and reputational backing.
VASPnet firmographics
Firmographics- Name
- VASPnet
- Legal name
- Enhanced Compliance Solutions, Inc.
- Website
- https://vaspnet.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- VASPnet operates a regulatory data platform that collects information from 124 regulators across 86 countries to deliver real-time licensing status and probability scores on virtual asset service providers for banks, VASPs, and compliance technology providers.
- Ownership category
- akta.pro rank
VASPnet industry classification
Industry- Product category
- Regulatory Data & Compliance Intelligence
- NAICS
- Web Search Portals and All Other Information Services (51929)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Travel Rule & Crypto-Related Screening for Payments (FSAMAMAM)
- akta.pro secondary industry
- Proof of Reserves, Attestations & On-Chain Audit/Assurance (FSADALAK)
Keywords
Where VASPnet is headquartered
LocationHeadquarters
- HQ city
- Gibraltar
- HQ country
- Gibraltar
Offices1 record
Markets served
VASPnet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Data Subscription Services: Subscription-based access to VASPdata and VASPindex platforms providing regulatory reference data on VASPs for compliance purposes.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
VASPnet product offering
Product offeringCore offering
VASPnet collects regulatory data directly from 124 regulators in 86 countries to deliver standardized, real-time reference data on virtual asset service providers. Its two core products are VASPdata, which indicates whether a VASP is permitted to conduct virtual asset activities in a given jurisdiction, and VASPindex, which provides probability scores on whether an entity is offering virtual asset services. The data feeds counterparty due diligence and AML/CFT (including FATF Travel Rule) compliance for VASPs, banks, and third-party compliance vendors.
Product overview
VASPnet is a regulatory data platform that consolidates and standardizes information on virtual asset service providers (VASPs) from regulators and public authorities worldwide. The company offers two core data products: VASPdata provides real-time access to regulatory status of VASPs across jurisdictions, enabling counterpart due diligence and AML/CFT compliance; VASPindex generates probability scores indicating the likelihood that service providers are offering virtual asset services. The platform collects data from 124 regulators in 86 countries and refreshes over 80% of data within 24 hours.
Differentiator
Problem solved
Functional benefit
Brands
- VASPdata: A platform that identifies whether or not a VASP is permitted to conduct VA activities in a specific jurisdiction and provides further data made available by the regulator.
- VASPindex
Products and services
- VASPdata Real-time regulatory reference data platform that identifies whether a virtual asset service provider is permitted to conduct virtual asset activities in a specific jurisdiction and provides additional data made available by the regulator. Targeted at VASPs, banks, and compliance teams performing counterparty due diligence and AML/CFT compliance.
- VASPindex Probability-scoring product that indicates the likelihood that clients, counterparts, or service providers are offering virtual asset services. Generates scores for 66,788+ entities across 86 countries, sourced from regulators, company registers, media coverage, and online activity. Used by compliance teams to identify VASP exposure ahead of formal regulatory listings.
Quantifiable outcome
- 66,788+ service providers tracked across 86 countries
- +3 more outcomes
Companies that use VASPnet
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
VASPnet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
VASPnet partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- EllipticcoreElliptic partnered with VASPnet to integrate real-time, high-quality data on the regulatory status of VASPs into its crypto risk assessment tools. VASPnet data is sourced directly from 92 regulators in 74 countries. This partnership enhances crypto due diligence for Elliptic's financial institution clients and supports FATF Recommendation 16 compliance.
- GBBC Digital FinancecoreVASPnet participates in the interVASP Standards Working Group under GDF's Open Standards Council. Neil Samtani, VASPnet's CEO, co-chairs the standards development working group alongside Andrew Davidson of OpenVASP. The group maintains and develops the IVMS 101 standard for Travel Rule data communication.
- OpenVASPcoreOpenVASP co-chairs the interVASP Standards Working Group with VASPnet. Andrew Davidson of OpenVASP and Neil Samtani of VASPnet co-chair the standards development. OpenVASP develops the TRP (Travel Rule Protocol) and published a free IVMS 101 validator.
- XReg ConsultingcoreVASPnet is an XReg company. XReg Consulting is an international public policy and regulatory affairs consultancy specializing in crypto-assets. Neil Samtani serves as technical editor and co-chair of standards working groups through XReg. Siân Jones, Senior Partner of XReg Consulting, co-led the original IVMS 101 development.
- NotabenecoreStrategic partnership embeds VASPnet's VASPdata into Notabene's Travel Rule compliance solution. The integration enables firms to access authoritative regulatory information on licensed VASPs globally, supporting counterparty due diligence and AML/CFT compliance obligations.
- CoinbasecoreCoinbase is listed as a partner/logo on VASPnet's website, indicating a commercial or integration relationship in the VASP compliance ecosystem.
- ScorechainminorScorechain is listed as a partner/logo on VASPnet's website, indicating a commercial relationship in the compliance ecosystem.
- GlobalLedgerminorGlobalLedger is listed as a partner/logo on VASPnet's website.
- Nota BenecoreNota Bene is listed as a partner/logo on VASPnet's website and is also referenced as a strategic partner in the Notabene partnership.
- Know Your VASPminorKnow Your VASP is listed as a partner/logo on VASPnet's website.
- SimplifyLabsminorSimplifyLabs is listed as a partner/logo on VASPnet's website.
- XReg CompliancecoreXReg Compliance is listed as a partner/logo on VASPnet's website. VASPnet is an XReg company, an international public policy and regulatory affairs consultancy specializing in crypto-assets.
- gatenoxminorgatenox is listed as a partner/logo on VASPnet's website.
- ShyftminorShyft is listed as a partner/logo on VASPnet's website.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
VASPnet competitors and assessment
Company assessmentDirect peers
- Coinfirm: Blockchain AML and regtech provider offering VASP due diligence, transaction monitoring, and risk scoring. Comparable to VASPnet across the VASP compliance and counterparty risk workflow.
- Notabene: Travel Rule compliance platform for VASPs and financial institutions. Direct partner and customer of VASPnet, embedding VASPdata for counterparty regulatory status verification, and the closest functional peer in the Travel Rule ecosystem.
- Elliptic: Blockchain analytics and crypto risk assessment provider serving financial institutions. Direct partner that integrates VASPnet's regulatory data into its own compliance tools, making it both a customer and a competitor in adjacent compliance workflows.
- Shyft: Travel Rule and digital identity infrastructure for VASPs and financial institutions. A logo partner of VASPnet and the closest comparable to VASPnet in the Travel Rule messaging and counterparty verification space.
- Scorechain: Blockchain analytics and AML/CTF compliance provider for VASPs and financial institutions. Listed as a partner of VASPnet and addresses overlapping counterparty risk and Travel Rule use cases for a similar European customer base.
- GlobalLedger: Crypto transaction monitoring and risk scoring platform. Listed as a partner of VASPnet and competes for the same VASP and bank compliance budgets in counterparty due diligence workflows.
Broad incumbents
- Chainalysis: Largest blockchain data platform serving governments, financial institutions, and crypto businesses with compliance and investigative tools. Overlaps with VASPnet on counterparty risk and regulatory intelligence but operates at materially greater scale.
- TRM Labs: Well-capitalized blockchain intelligence company offering transaction monitoring, wallet screening, and VASP due diligence to banks and crypto businesses. Competes with VASPnet for the same counterparty risk and AML budgets but with a much broader product suite.
- CipherTrace (Mastercard): Crypto intelligence and AML firm acquired by Mastercard, offering VASP risk scoring and attribution data to banks and VASPs. Comparable to VASPnet on entity-level crypto risk data but with much broader distribution through Mastercard.
Emerging players
- Merkle Science: Predictive blockchain compliance and forensics platform serving VASPs, financial institutions, and regulators. Overlaps with VASPnet on identifying and assessing virtual asset service providers and counterparties.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
VASPnet social profiles
Digital presenceVASPnet financial estimates
Financial estimateRevenue estimate
Valuation estimate
VASPnet leadership team
Management profileNumber of profiles
Profiles2 records
VASPnet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VASPnet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VASPnet
What does VASPnet do?
VASPnet collects regulatory data directly from 124 regulators in 86 countries to deliver standardized, real-time reference data on virtual asset service providers. Its two core products are VASPdata, which indicates whether a VASP is permitted to conduct virtual asset activities in a given jurisdiction, and VASPindex, which provides probability scores on whether an entity is offering virtual asset services. The data feeds counterparty due diligence and AML/CFT (including FATF Travel Rule) compliance for VASPs, banks, and third-party compliance vendors.
Is VASPnet a public or private company?
VASPnet is a private company. It is classified as corporate owned and is currently operating.
When was VASPnet founded?
VASPnet was founded in 2020. It employs 1 to 10 people.
Where is VASPnet based?
VASPnet is headquartered in Gibraltar, Gibraltar.
How does VASPnet make money?
One revenue line is on record: data Subscription Services.
Who are VASPnet's main competitors?
Direct peers on record are Coinfirm, Notabene, Elliptic, Shyft, Scorechain and GlobalLedger. Broad incumbents are Chainalysis, TRM Labs and CipherTrace (Mastercard). Merkle Science is listed as an emerging player.
Does VASPnet have an API?
No public API is recorded for VASPnet.
What industry is VASPnet in?
VASPnet's product category is Regulatory Data & Compliance Intelligence. Its primary akta.pro industry code is FSAMAMAM, Travel Rule & Crypto-Related Screening for Payments, with a secondary code of FSADALAK, Proof of Reserves, Attestations & On-Chain Audit/Assurance. Its NAICS code is 51929 and its SIC code is 6200.