Why Authento?

Regulation in Web is a matter of when, not if.  As Hong Kong aims to establish itself as a global Web3 leader, the need for sensible regulation in this space is imminent. However, current market tools lack Web3 compatibility, are costly for projects to implement, or fail to meet the required KYC/AML regulatory standards. The potential fines for non-compliance can reach up to USD 50 million per case, posing a significant challenge for Web3 projects with limited liquidity. Institutional players hesitate to enter DeFi due to concerns about regulatory risks, the subsequent financial penalties, and potential business closures. Regulators are actively seeking tools that enhance customer protection in the decentralised Web3 landscape. Authento aims to bridge these gaps by providing comprehensive solutions for projects, institutional players, and regulators.

Our founders bring extensive experience from the traditional finance sector, including 13 years in traditional finance, 10 years at the Securities and Exchange Commission, and 4 years at global crypto exchanges. With a track record of driving and executing multiple Web3 projects, our team is well-equipped to address industry challenges. We have a strong presence in APAC, a rapidly growing market for Web3 adoption and verification services, with a specific focus on Hong Kong, China, and Southeast Asia.

As Hong Kong strives to become the global Web3 leader, Authento's entry into the market is perfectly timed. We have actively contributed to the Securities and Futures Commission's consultation on virtual asset regimes and will continue to play a key role in fine-tuning AML developments for Web3 companies. By balancing innovation and investor protection, the regulator is paving the way for inevitable KYC/AML solutions. Authento is poised to expand to serve Web3 in APAC and strive to become the global Web3 leader, one verification at a time. Simplify compliance and embrace the future of Web3 with Authento.