Blockchain analytics firm Crystal Intelligence has integrated the enterprise blockchain platform XDC Network into its compliance platform, significantly enhancing monitoring capabilities for the rapidly expanding real-world asset RWA tokenization market, which is projected to reach 16 trillion by 2030. The integration positions Crystal to provide advanced blockchain analytics for crypto compliance and risk management, delivering coverage and investigative capabilities for XDC Network unmatched by other analytics providers.
The partnership not only involves technical integration but also enables joint initiatives and closer collaboration with developers, builders, and users of XDC, promoting responsible adoption and sustainable growth of the network. Institutional clients of Crystal will now have access to transaction monitoring and compliance analytics for XDC Network, currently ranked 70th by market capitalization with over 1.3 billion in value. XDC specializes in trade finance digitization and supports transactions for over 175 enterprise applications, including tokenized U.S. Treasury bonds and trade finance instruments.
The Middle East and North Africa MENA region has emerged as one of the world's fastest-growing cryptocurrency markets, with transaction volumes reaching 566 billion in 2022-a 48 increase year-over-year. On-chain value in the region between July 2023 and 2024 reached 338.7 billion, representing 7.5 of global transaction volume. Crystal Intelligence has established strategic partnerships worldwide, including a Memorandum of Understanding with Dubai Police's General Department of Criminal Investigation to identify and predict economic crimes. The company's technology is trusted by leading institutional clients such as BitOasis to navigate complex regulatory environments across multiple jurisdictions.
