Bahrain regulated ATME, the crypto assets exchange licensed signed a Memorandum of Understanding (MoU) with Bahrain based AMAN which offer end-to-end Anti-Money Laundering (AML) and Know Your Customer (KYC) solution to Combat Financial Crime.

The agreement outlines a framework for exploring joint opportunities and synergies in enhancing KYC and AML processes across ATME’s digital asset ecosystem. With robust compliance systems already in place, ATME aims to collaborate with AMAN to further advance the use of AI-driven due diligence tools, risk intelligence, and regulatory innovation in support of Bahrain’s broader financial integrity goals.

Alaa Alshuwaikh, Chief Risk Officer at ATME, noted that ATME’s platform was built with strong compliance and governance at its core. He explained, “Our collaboration with AMAN allows us to explore new and innovative technologies that can further enhance our AML and KYC capabilities, reinforcing our ongoing commitment to transparency and trust within Bahrain’s financial ecosystem.”

Dickon Johnstone, Group Chief Executive Officer of AMAN, added that both entities aim to leverage advanced data, AI, and due diligence tools to set new benchmarks for responsible innovation in digital finance.

In October, ATME, introduced a regulated tokenized investment product platform that enables brokers and asset managers to issue and trade investment products directly on its platform.