Solidus Labs has hired former CFPB director Katie Kreininger to liaise with government agencies.
Solidus Labs provides tools for cryptocurrency trading surveillance and risk monitoring. It is sponsored by private equity firms Evolution Equity Partners and Hanaco Ventures.
“One of the things that we think has become apparent is the need for dedicated risk mitigation tools,” said Asaf Meir, CEO of Solidus Labs. “In order to start mass and institutional implementation in two or three years, special risk mitigation tools are needed.”
Solidus Labs has developed software to monitor cryptocurrency markets and help investment firms and other clients identify manipulation, intruders and regulatory compliance. Her clients include cryptocurrency exchanges Bittrex and Rialto Markets.
Kathy Kraninger will lead and build a team to liaise with regulators at Solidus Labs. This unit will advise government regulators, US lawmakers and traditional institutions on how to effectively control the digital marketplace.