A UK-crypto asset subsidiary of a Nasdaq-listed firm in the U.S. approached Lysis with the request to assist them with the process to obtain registration from the FCA which would enable them to operate in the UK market as a crypto asset business.
A crypto custodian based in the U.K. with global reach.
To successfully obtain registration with the Financial Conduct Authority (FCA) in the U.K. to custody crypto assets.
Lysis provided senior regulatory support and guidance to the client at board level to navigate the registration process including dialogue, review, and advice regarding responses to the regulator.
Successful registration for being the first standalone digital asset custodian to receive approval from the FCA in the U.K. to store crypto assets.