Solidus Labs — Born in Crypto.
The Compliance OS for What Finance Is Becoming.
Infrastructure, participation, intelligence, and market format are all changing at once. This isn't a cycle. It's a structural rewrite of how capital markets operate — and it's compounding.
The settlement and issuance layer of finance is migrating to programmable blockchain infrastructure. Stablecoins ($305B market cap, $4T+ annual transaction volume) are already live. Tokenized assets are next — spanning securities, real estate, commodities, and any offchain asset wrapped in an onchain representation. Beyond that, entirely new instruments will be issued natively onchain for the first time, with no offchain counterpart at all. Each layer expands the compliance TAM: wrapped offchain assets bring existing obligations onto new rails; native onchain assets create net-new ones.
The largest generational wealth transfer in history is moving capital to a cohort that trades digitally, 24/7. Today's access to information puts retail on the most equal playing field with institutions in the history of markets — real-time data, social signal aggregation, and AI-assisted analysis have collapsed what was once an insurmountable information gap. Retail options market share has gone from 25% to 45% in under a decade. The trajectory is clear: meme stocks → crypto and digital assets → prediction markets. Each step brings new participants into markets built on entirely different structures, with new manipulation surfaces that legacy surveillance was never designed to detect.
AI agents are no longer just tools — they are market participants. Autonomous agents transact 24/7, don't file compliance reports, and execute strategies across hundreds of venues simultaneously. Regulators are beginning to accept LLM-driven workflows. The market is becoming autonomous. Compliance must follow.
Regulated prediction markets (DCMs) feature event-driven manipulation risks that no existing surveillance library covers. Meanwhile, hundreds of onchain DEXs and perpetual vaults allow for exposure to real assets like Brent Crude, 168 hours per week, with no consolidated tape and no closing bell.
The risk surface of markets is expanding combinatorially across every dimension at once.
CEXs, DEX pools, bridges, perps and OTC desks quote identical tokens with no NBBO in sight. 75+ chains, each speaking its own data dialect with no universal symbol framework. Liquidity jumps chains in seconds via wrapped tokens and bridges, breaking venue-centric surveillance models entirely.
Crypto trades 24/7/365 — equities cover barely 30% of that window. Social-based retail swings can move billions in minutes, potentially outside traditional market hours. Wallet hops, mixers, Discord chatter and onchain bots all must be fused with order-book data to catch risk in real time.
Tokens are grounded on smart contract logic — attackers can affect that code mid-trade. Cross-venue wash loops, oracle hacks, and MEV attacks fire in under 1 second — faster than legacy monitors poll. Discord-driven volatility can trigger onchain events before surveillance even ingests the signal.
The onchain economy isn't a niche. It's becoming the dominant infrastructure for capital formation, settlement, and exchange. The compliance layer for this new market doesn't exist yet. Solidus is building it.
In our seed deck, we wrote that TradFi would enter crypto and need this infrastructure. We spent seven years building in crypto — earning the trust of exchanges, shaping the regulation, proving the technology. Now Schwab, Fidelity, and BGC are signing. We saw the world going there.
A single platform that ingests onchain and offchain data, runs 70+ detection typologies across every asset class and venue, and resolves alerts at machine speed through agentic AI. Forced to innovate for fragmented & illiquid markets — tomorrow's problem, solved today.
In traditional finance, trade surveillance and transaction monitoring are separate disciplines — different vendors, different teams, different data. That separation made sense when markets were offchain: trades happened on exchanges, money moved through banks, and the two worlds rarely intersected. When market structure moves onchain, that separation becomes architecturally impossible to maintain.
A single onchain transaction is simultaneously a trade and a fund flow. A perpetual vault position is simultaneously a market event and a financing instrument. Inter-participant transfers — funding, cashout, cross-participant flows — are simultaneously market microstructure signals and AML-relevant behavioral data. The disciplines don't just overlap. They collapse into each other.
Polymarket and HyperLiquid proved this in production. Most firms can do one or the other. NICE Actimize does transaction monitoring. Nasdaq SMARTS does trade surveillance. Neither can combine them — they were architecturally built for the offchain world where the two disciplines were separate. Solidus built natively for the onchain world where they are one. Only Solidus can surface the full picture.
Doubling CARR twice in a row — and building the foundation for another doubling in 2026. The curve bends here.
The most durable infrastructure companies don't serve markets — they become the rail every participant depends on. Visa owns the payment integrity layer. SWIFT owns the messaging layer. Solidus is positioned to own the compliance and integrity layer for the next generation of global capital markets — onchain and off, TradFi and DeFi, CEX and DEX, today and what comes next.
Solomon doesn't just improve the compliance workflow — it replaces the first line of defense. Labor savings alone exceed ACV at most customers, creating a CFO-level buying decision independent of regulatory mandate.
The structural advantage isn't features — it's architecture. Incumbents were built for centralized, single-surface TradFi. You cannot retrofit that for the market that's emerging.
| Capability | SOLIDUS LABS | NICE Actimize / Nasdaq SMARTS | Eventus / Behavox |
|---|---|---|---|
| Crypto-native architecture | ✓ Native | ✗ Retrofitted | ✗ Retrofitted |
| Onchain + offchain data fusion | ✓ Unified schema | ✗ Offchain only | ✗ Offchain only |
| Prediction market surveillance | ✓ Kalshi signed | ✗ None | ✗ None |
| Stablecoin / cross-rail TM | ✓ Circle, Bastion | ✗ None | Partial |
| Agentic AI triage (20×) | ✓ Solomon in production | ✗ Roadmap only | ✗ Roadmap only |
| No proprietary feed dependency | ✓ Level 1 market data only | ✗ Proprietary lock-in | Partial |
| EU MiCA regulatory credential | ✓ Sole EU provider | ✗ | ✗ |
| 24/7 real-time OSINT + sentiment | ✓ Live | Batch / headlines only | ✗ |
| Proprietary super dataset — trade flow, fiat & crypto TXs, KYC, KYT, investigation history | ✓ 7+ years · 80+ enterprises | ✗ No cross-client data | ✗ No cross-client data |
| Time to value — Trade Surveillance deployment | ✓ 4–12 weeks | ✗ 12–24 months | ✗ 12–18 months |
In 2018, as Goldman's trading floor began examining crypto, our founders noticed a structural gap: the SEC kept rejecting Bitcoin ETF applications due to insufficient surveillance. The existing tools were built for centralized, consolidated TradFi — not the fragmented, 24/7, multi-chain reality of digital assets. So we left Goldman to build what didn't exist. Eight years later, we've shaped the regulation, trained the compliance community, and are now the de facto category winner across four converging markets.