Notabene’s 2024 in Review: Scaling Trust, Compliance, and Innovation
As 2024 comes to a close, we reflect on a year where compliance, trust, and global connectivity reached new heights. From?record-setting growth?to major strides in regulatory clarity, Notabene helped pave the way for a more secure and compliant crypto ecosystem. While we celebrate this progress, we’re also looking ahead—toward?a future where stablecoins and institutional adoption?transform global payments.
2024 in Review
Record Platform Growth
In 2024, Notabene eclipsed $500 billion in total transaction volume, representing a 10x growth from the previous year. This includes over 32 million secure and compliant transfers across 85+ jurisdictions, and over 190 customers across the globe. We’re proud of what these numbers mean for us as a business, but just as importantly, they underscore the rapid acceleration of Travel Rule across the globe.
Of course, growth is not a singular measure of success in our space. Delivering on our core promise of helping our customers transact safely, our platform has now proactively identified and?prevented?over?$1 billion in high-risk transactions!
Leadership in Regulatory Engagement
2024 was a pivotal year for advancing regulatory compliance in the virtual assets industry. Notabene played a critical role in supporting stakeholders worldwide by:
Notabene continues to serve as a trusted partner, helping clients and regulators navigate the evolving landscape of compliance with innovative tools and deep expertise.
Inaugural Notabene Summit
This year, we hosted the?Notabene Summit?in Barcelona, a landmark event that?brought together leaders in crypto, traditional finance, and regulation?to collaborate on the future of compliant digital payments. The Summit featured in-depth discussions on regulatory frameworks, interoperability, and institutional trust, with insights from partners including?Coinbase,?Fireblocks, and?Circle.
The event underscored the industry’s collective momentum in scaling global compliance solutions and driving adoption of secure, interoperable systems.
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We can’t wait to share the details on our 2025 Summit—more information will be announced soon!
Product Innovation in Travel Rule Compliance
At Notabene, we’re continually raising the bar for what’s possible in compliance technology.
Next-Generation?Self-Hosted Wallet Solutions
Our enhanced self-hosted wallet verification solutions?deliver an unmatched user experience by providing four robust proof methods of verification for?infinite?self-hosted wallets, to seamlessly manage counterparty risk while providing a smooth user experience for our customer’s users
Introduced SafeTransact for Networks
We announced SafeTransact for Networks?to improve network reachability and accelerate Travel Rule adoption by enabling a seamless VASP-to-VASP compliance layer directly on top of existing networks where trusted transactions are already occurring.
Expanded Open Protocols
We built the open-source Transaction Authorization Protocol (TAP)?to further accelerate the industry’s movement towards open protocols and, along with the interoperability of our?SafeGateway solution,?enable more VASPs to easily connect across various protocols and networks.
Strengthened Network Security
We prioritized robust security measures?to safeguard data and ensure trust across our platform. Notabene is SOC 2 compliant and ISO27001 certified, adhering to globally recognized standards for information security. Our platform incorporates advanced safeguards, including encryption, firewalls, and multi-factor authentication (MFA), ensuring the highest levels of data protection for our customers and their users.
Looking Ahead: 2025 and Beyond
... continue reading our full article for more on the regulatory and digital payments trends we expect to see accelerate in 2025 ??