CryptoSwift offers a plug-and-play compliance solution that requires the lightest integration effort on the market to help crypto firms implement the Travel Rule. Its platform automates the collection and sharing of sender and recipient identity information to meet emerging global regulatory standards. The company has signed partnerships with AML Watcher, Global Ledger, Scorechain and Fraud.com, and lists early clients including Change Invest, Crypto2Cash and Crypto Voucher. Tallinn-based CryptoSwift raised a €510,000 pre-seed round backed by Tenity, Startup Wise Guys, DEPO Ventures and a group of industry angels. The funding will be used to grow the team, expand market reach and accelerate adoption across the EU. The raise comes as MiCA and updated FATF guidance will make Travel Rule compliance mandatory in the EU by the end of 2024, with the transition period ending in 2025, creating urgent demand for its solution.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2025