Smarter, scalable due diligence with CryptoComply

Problem:

A prominent Web3 blockchain foundation was engaging with a growing number of counterparties but lacked a streamlined, scalable due diligence process. Manual workflows, inconsistent data collection, and disconnected tooling across internal and third-party systems made it difficult to confidently assess risk and maintain compliance. The lack of ongoing monitoring left the organization exposed to sanctions violations, reputational damage, and increased regulatory scrutiny.

Solution:

Canaria partnered with the foundation to design and implement an end-to-end due diligence program - anchored by CryptoComply, Canaria's AI-powered due diligence platform for Web3.

We worked closely with the client's business leads to:

• •Deploy CryptoComply to centralize and automate due diligence workflows
• •Collect and verify counterparty information via automated onboarding
• •Conduct basic and enhanced entity reviews, including related parties screening
• •Perform real-time wallet address screening and enable automatic re-screening
• •Customize risk profiles by counterparty type using a risk-based configuration
• •Deliver AI-generated summaries and risk scores to support faster, smarter decisions
• •Implement policy and procedure enhancements tied directly to CryptoComply insights
• •Provide executive reporting with actionable compliance data

CryptoComply allowed the client to continuously screen counterparties and wallets against sanctions, watchlists, and adverse media - while documenting every compliance decision within a single platform.

Results:

With CryptoComply integrated into their compliance stack, the Web3 foundation achieved a unified and scalable due diligence function. Counterparty risk reviews that previously required significant manual effort were streamlined through AI-generated insights and automated alerts. The compliance team was able to shift from reactive monitoring to proactive risk management - with full traceability of decisions and actions. Internal stakeholders now benefit from regular executive reports and an up-to-date understanding of risk exposure across the ecosystem.