The firms made the announcement at the start of the FTX Crypto Bahamas conference, featuring collaboration and networking among leading players in the cryptocurrency and traditional finance industry. The move represents a substantial expansion of the relationship established late last year, when FTX US chose to deploy Validus for trade surveillance and risk monitoring on the FTX US spot market and on FTX US Derivatives, its licensed cryptocurrency futures and options exchange and clearinghouse.

Eventus CEO Travis Schwab said: “We’re incredibly honored that FTX.COM has placed its full confidence in our platform after experiencing first-hand its power and versatility for meeting compliance and regulatory goals. The exchange has made abundantly clear the importance of a fulsome trade surveillance program to its overall mission, and we’re particularly pleased that FTX leaders recognize how Validus can meet its changing needs as the company continues to grow at such a stunning pace and establish new regulated markets in jurisdictions throughout the world.”