SINGAPORE, April 30, 2026 /PRNewswire/ — VerifyVASP, a leading travel rules solutions provider, today announced the acquisition of Sygna, a prominent Japan-based company.
This transaction represents a major step in VerifyVASP’s global expansion strategy, further establishing the company as a primary compliance infrastructure provider for virtual asset service providers (VASPs) across key international markets.
Standardize the travel rules ecosystem
The acquisition represents a critical moment in the evolution of the global travel rules landscape. By integrating Sygna into its network, VerifyVASP is further unifying a fragmented market into a unified, interoperable compliance network that aligns with national regulations, Financial Action Task Force (FATF) standards, and global data protection requirements.
At the heart of this strategy is VerifyVASP’s Verified Network, a global compliance infrastructure designed to enable secure, real-time and standardized data exchange between VASPs. With the addition of Sygna, this network achieves unparalleled scale, depth and geographic reach, further enhancing network effects and regulatory compliance.
Existing members of Sygna will continue to operate without interruption and will be gradually integrated into the verified network, tailored to local regulatory requirements. This transformation will expand connectivity across key markets and significantly enhance interoperability.
At the same time, existing members of VerifyVASP will have access to an expanded pool of regulated counterparties, improving efficiency, reducing friction in cross-border transactions, and enabling smoother compliance workflows.
The global standard for compliance with travel rules
With this acquisition, VerifyVASP strengthens its position as the global standard-setter for travel compliance infrastructure.
Xie Yunxia, CEO of VerifyVASP He said: “The acquisition of Sygna underscores our commitment to setting global standards for travel compliance through an expanded, objectives-based network. This comes at a pivotal moment, as the FATF and other relevant international bodies, regulators and financial intelligence units around the world work to enhance enforcement effectiveness.”
Michael Au, founder and CEO of SygnaHe said, “Syngna was created to help build reliable compliance infrastructure for the virtual assets industry, which is one of the most demanding regulatory environments in the world. We are proud of what the team has built in Japan, and believe this combination with VerifyVASP will significantly expand the scope and impact of this work. Together, we are in a stronger position to support virtual asset service providers with safe, efficient and global compliance with travel rules.”
As regulatory expectations continue to evolve, VerifyVASP remains focused on building a globally connected compliance ecosystem that supports virtual asset service providers, financial institutions and regulators in creating safe, transparent and reliable digital asset markets.
About VerifyVASP Pte. Ltd.
Verified VASP Pte. Ltd., a subsidiary of Upbit Global Pte. Ltd., is a leading travel rules solutions provider that provides secure and scalable compliance infrastructure to Virtual Asset Service Providers (VASPs) around the world. VerifyVASP offers a comprehensive compliance suite that includes counterparty due diligence, interoperable messaging protocols, on-chain risk analytics, and advisory on travel rules and data protection requirements. Extending beyond compliance, VerifyVASP provides advanced solutions to global law enforcement agencies, enabling the prevention, detection and investigation of illicit activities involving digital assets.
About Cigna
Sygna Inc. A leader in travel rules solutions, it has the leadership advantage in building compliance infrastructure for the digital assets industry. With strong coverage in Japan, Sygna has established deep connectivity across leading digital asset service providers in one of the world’s most regulated markets, making it a strategic gateway to Japan’s digital asset ecosystem.
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