FOMO Pay Partners with PantherTrade to Enable Compliant Digital Asset Transfers

Direct Digital Asset Transfers

The integration removes the need for eligible transfers to pass through external third-party wallets. It aims to simplify transactions between regulated payment services and digital asset trading platforms while supporting applicable compliance requirements.

Through this arrangement, eligible FOMO Pay clients can transfer digital assets directly to PantherTrade, creating a more connected process for businesses and investors using both platforms.

PantherTrade's First Overseas Travel Rule Integration

PantherTrade is a licensed virtual asset trading platform in Hong Kong and is wholly owned by Futu Holdings, the financial services company behind the moomoo trading app.

According to the announcement, this is PantherTrade's first Travel Rule integration with an overseas licensed institution. The collaboration connects FOMO Pay's payment and digital asset infrastructure with Futu's digital asset trading ecosystem.

Company Executives on the Partnership

Leona Gan, Director of Business Development at FOMO Pay, said the collaboration supports the development of connected financial infrastructure by linking payments, trading and digital asset services through compliant systems.

Sherry Zhu, Global Head of Digital Assets at Futu, said the integration would support cross-border digital asset transfers while keeping regulatory compliance and investor protection central to PantherTrade's approach.

Understanding the Travel Rule

The Travel Rule is a regulatory framework that requires covered digital asset transfers to include specified information about the sender and recipient. These requirements are intended to support transparency and compliance in digital asset transactions, although the specific rules vary by jurisdiction and transaction type.

By establishing connectivity between the two platforms, FOMO Pay and PantherTrade aim to simplify eligible transfers while supporting applicable regulatory requirements.

About FOMO Pay

Founded in 2015, FOMO Pay is a Singapore-headquartered payment institution providing digital payment, digital banking and digital asset solutions. The company serves businesses and institutions seeking to connect traditional financial services with digital asset infrastructure.

FOMO Pay operates across Singapore, Hong Kong and the Middle East. It is listed in the Monetary Authority of Singapore's financial institutions directory and has expanded its Singapore digital payment token licence to include digital asset custody services for merchants, corporations and institutions.

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