Nasdaq Verafin, Stablecore partner on blockchain AML

Nasdaq’s Verafin announced this week a partnership with Stablecore to integrate Stablecore’s blockchain analytics into Verafin’s anti-money-laundering and fraud platform used by banks, credit unions and other financial institutions.

The collaboration will bring on-chain transaction monitoring and risk scoring into Verafin’s investigative workflows. Compliance teams will be able to view on-chain provenance, transaction chains and risk signals alongside account activity and customer profiles within the same alerting and case-management tools.

Stablecore’s analytics will feed into Verafin’s scoring and alerting engines so transactions linked to high-risk addresses or sanctioned services can generate enhanced alerts for investigation. The companies expect the integration to reduce time spent combining separate data sources during reviews.

The integration will be delivered to existing Verafin customers through product updates and will be available to new customers as part of the platform. The vendors plan to expand blockchain coverage and refine risk models based on customer feedback and evolving threat patterns.

Regulatory requirements for monitoring cryptocurrency activity have expanded in recent years, and financial institutions face heightened scrutiny when on-chain activity interacts with traditional accounts. Technology partnerships that connect traditional transaction monitoring with crypto-native intelligence have become more common as firms seek to manage cross-asset risk without maintaining multiple disconnected tools.