SINGAPORE, April 30, 2026 /PRNewswire/ — VerifyVASP, a leading Travel Rule solutions provider, today announced the acquisition of Sygna, a leading provider based in Japan.
This transaction represents an important step in VerifyVASP’s global expansion strategy, further establishing the company as a central provider of compliance infrastructure for virtual asset service providers (VASPs) in key international markets.
Consolidating the travel rules ecosystem
The acquisition marks a defining moment in the evolution of Travel Rule’s global landscape. By integrating Sygna into its network, VerifyVASP is making progress in consolidating a fragmented market into a unified and interoperable compliance network aligned with national regulations, Financial Action Task Force (FATF) standards, and global data protection requirements.
At the center of this strategy is the VerifyVASP Verified Network, a global compliance infrastructure designed to enable secure, real-time and standardized data exchange between VASPs. With the addition of Sygna, this network achieves unmatched scale, depth and geographic reach, further strengthening its network effects and regulatory compliance.
Existing Sygna members will continue to operate without interruption and will be progressively incorporated into the Verified Network, tailored to local regulatory requirements. This transition will expand connectivity in key markets and significantly improve interoperability.
At the same time, existing VerifyVASP members will gain access to an expanded set of regulated counterparties, improving efficiency, reducing friction in cross-border transactions, and enabling more seamless compliance workflows.
The global standard for travel compliance
With this acquisition, VerifyVASP further strengthens its position as a global standard setter for travel rules compliance infrastructure.
Shih Yun Chia, CEO of VerifyVASP said: “The acquisition of Sygna underlines our commitment to setting the global standard for travel compliance through an expanded, purpose-based network. It comes at a crucial time, as the FATF and other relevant international bodies, regulators and financial intelligence units around the world push for more effective enforcement.”
Michael Ou, founder and CEO of Sygnasaid: “Sygna was created to help build a reliable compliance infrastructure for the virtual assets industry, which is one of the most demanding regulatory environments in the world. We are proud of what the team has built in Japan, and we believe this combination with VerifyVASP will significantly expand the reach and impact of that work. Together, we are in a stronger position to support VASPs with secure, efficient and global compliance with travel regulations.”
As regulatory expectations continue to evolve, VerifyVASP remains focused on building a globally connected compliance ecosystem that supports VASPs, financial institutions, and regulators in establishing safe, transparent, and trusted digital asset markets.
About VerifyVASP Pte. Ltd. Limited.
VerifyVASP Pte. Ltd., a subsidiary of Upbit Global Pte. Ltd., is a leading Travel Rule solutions provider offering a secure and scalable compliance infrastructure for virtual asset service providers (VASPs) worldwide. VerifyVASP offers an end-to-end compliance suite covering counterparty due diligence, interoperable messaging protocols, on-chain risk analysis, and advice on travel rules and data protection requirements. Beyond compliance, VerifyVASP offers advanced solutions for global law enforcement agencies, enabling the prevention, detection and investigation of illicit activities involving digital assets.
About Sygna Inc.
Sygna Inc. is a pioneer in travel rules solutions, with a first-mover advantage in building compliance infrastructure for the digital asset industry. With strong coverage in Japan, Sygna has established deep connectivity between leading VASPs in one of the most regulated markets in the world, making it a strategic gateway to Japan’s digital asset ecosystem.
