- AML-checks on Iconiq Lab’s ICOs
- Aiming at providing quality assurance to investors via Coinfirm’s platform
Iconiq Lab,Germany-based ICO accelerator program operator, announced its partnership with Coinfirm, a blockchain-based Anti-Money Laundering(AML) provider, for AML-checks on all ICOs through Iconiq Lab.
Iconiq Lab and its portfolio would provide quality assurance to investors, via using Coinfirm’s AML/KYC Platform as well as keeping regulatory compliant.
Coinfirm’s Co Founder and CEO Pawel Kuskowski was cited as saying that the integration of Coinfirm into Iconiq Lab is a positive development in order to deliver a secure and efficient way for mainstream contributors to participate in ICOs.
Iconiq Lab CEO Patrick Lowry was also cited as saying that regulatory compliance is vital to the quality assurance value proposition for the crypto markets, and (we are) excited to further deliver on these assurances with the partnership with Coinfirm.
Iconiq Lab’s ICO accelerator mission is to invest into startups with a full management support in a certain period of time for generating long-term value, according to Lowry.