Nasdaq Verafin, the anti-financial crime technology arm of Nasdaq, and Stablecore, a provider of digital asset infrastructure for banks and credit unions, have partnered to unify fiat and digital asset data inside a single compliance platform.
The collaboration channels digital asset transaction activity from Stablecore directly into the Nasdaq Verafin platform, giving banks and credit unions a consolidated view of financial crime risk as they widen their digital asset offerings. The goal is to let institutions meet growing customer demand for digital asset products while keeping pace with evolving compliance requirements.
Banks have traditionally had limited sight of on-chain activity, leaving a blind spot wherever financial crime crosses between fiat and digital asset channels. The partnership is designed to close that gap by folding fiat-to-digital and digital-to-fiat transaction flows from Stablecore into the customer data and compliance infrastructure already held within Nasdaq Verafin’s anti-financial crime platform.
Under the arrangement, Stablecore holds digital asset balances and transaction records without retaining personally identifiable information, while each bank’s core banking system continues to hold customer and account details. The two data sets are then brought together inside Nasdaq Verafin to build a single customer profile for investigations and risk assessment.
Stablecore builds the infrastructure that lets banks and credit unions offer stablecoins, tokenised deposits and other digital asset services from within their existing systems. Nasdaq Verafin operates a cloud-based platform used by financial institutions to manage anti-money laundering, fraud and other financial crime risks.
The partnership arrives as adoption of stablecoins, tokenised deposits and digital assets accelerates among consumers and businesses, with the global digital asset market now worth approximately $2.4 trillion, more than double the range recorded in late 2022 and early 2023.
Bringing Stablecore’s digital asset data into Nasdaq Verafin is intended to speed up investigations and give institutions clearer sight of money moving on- and off-chain.
The integration is currently in beta with select customers, including Amarillo National Bank, ahead of a wider rollout to mutual customers of Nasdaq Verafin and Stablecore across the fourth quarter of 2026 and the first quarter of 2027.
Once that phase is complete, the two companies plan to introduce real-time sanctions screening for counterparties receiving digital asset transfers, built directly into Nasdaq Verafin’s existing sanctions screening programme so institutions can strengthen their BSA/AML compliance against digital asset sanctions risk.
Nasdaq Verafin SVP and head of product strategy Rob Norris said, “Criminals increasingly move between on-chain and off-chain channels to obscure their activity and avoid detection. By integrating Stablecore’s digital asset infrastructure with Nasdaq Verafin’s holistic financial crime management technology platform, we are giving financial institutions visibility into the full scope of their customers’ transactions, so that criminals cannot hide no matter where they move money.”
Stablecore co-founder and CEO Alex Treece said, “Digital assets become viable within banking when financial institutions can have the same very high standards around compliance and fraud detection as their existing products. Through this partnership, Stablecore provides the infrastructure for secure digital asset services while Nasdaq Verafin ensures that activity is monitored with the same rigor as traditional payments – a significant evolution in making digital assets a safe and secure option for banks, credit unions and their customers.”
Copyright © 2026 RegTech Analyst
