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Micapass completes €240,000 in financing

Micapass, a provider of compliance solutions for DeFi and Web3, has completed a financing round of 240,000 euros, with blockchain research and development company "SUPER HOW?" and startup accelerator Firstpick participating. Micapass mainly provides anti-money laundering (AML) and know-your-customer (KYC) compliance services for DeFi protocols and Web3 users to prevent illegal cryptocurrency activities. The new funds will be used to accelerate the development of AML compliance tools that integrate artificial intelligence technology.

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