Cryptocurrency compliance technology company VerifyVASP has completed a $5 million Series A round at a $100 million valuation, led by FTX Ventures, with participation from Peak Capital and Bcharu. VerifyVASP was established in 2019 to help virtual asset service providers comply with anti-money laundering rules by establishing a non-public network for secure data transmission. Its customers include Bybit, Deribit, Crypto.com, FTX, FTX.US and Huobi, VerifyVASP said Has processed more than 1.5 million Travel Rule-compliant digital asset transfers valued at $40 billion. This round of financing will be used to attract more digital asset service providers to join the network.