Genius Yield is partnering with JayBee to ensure rigorous compliance in a changing regulatory environment for DeFi projects.
Zug, Switzerland — Apr. 5, 2022 (GLOBE NEWSWIRE) — JayBee AG, a boutique firm that specializes in compliance, regulatory, and risk management for cryptocurrencies and fintech, has become a regulatory partner with Genius Yield, the company behind the first DeFi platform that combines a Concentrated Liquidity DEX with an AI-powered Yield Optimizer.
JayBee will provide his expert consultation in the fields of:
- Token classification
- Regulatory analysis of business cases
- Licensing applications
- Compliance outsourcing for cryptocurrencies & fintech
- Risk management and corporate governance
JayBee is a leading compliance advisory company in the fintech and distributed ledger technology(DLT)/crypto area and confidently partners with clients to provide clarity and guidance in managing regulatory compliance and risk.
“Understanding regulation and compliance in the digital assets space is very important to Genius Yield. Being compliant at all times is key to our success as a startup in decentralized finance,” says Laurent Bellandi, Co-Founder of Genius Yield.
JayBee and Genius Yield’s partnership will aid in DeFi adoption for everyone, including companies participating in its Cardano-based accelerator program Genius X.
“Jürg is a skilled and experienced compliance expert whom I have known since 2019. I’ve been following JayBee’s activities ever since. Therefore, I’m very thrilled to see a mutual partnership between our groups,” adds dr Sothy Kol-Men, Co-Founder of Genius Yield.
“Sothy Kol-Men is a dedicated visionary in the fields of fintech & crypto who creates added value for his customers with full commitment and conviction. Whatever Sothy is touching turns into a success for all participants. It’s therefore a great pleasure for us to partner up with this entrepreneurial project Genius Yield.” adds Jürg Baltensperger, founder and company leader of JayBee AG.
Multiple projects have already joined Genius X, which aims to create an ecosystem of entrepreneurs and blockchain developers by providing support to early-stage Cardano-powered DeFi startups. Among many facets, Genius X will support the startups with their fundraising, marketing strategy, legal matters, tokenomics design, smart contract design, and business development.
About JayBee AG
JayBee AG is a specialized firm that provides expert consultation for AML, compliance, regulatory matters including licensing, corporate governance and risk management with a strong focus on DLT/crypto and fintech. JayBee works side by side with clients as a trusted partner using a risk-based approach to provide the most efficient solutions to keep clients’ compliance costs under control. The team of six professionals is based in Switzerland in the Crypto Valley and combines decades of regulatory experience. JayBee has become a leader for regulatory consulting for cryptocurrencies and fintech, working with 35+ DLT and crypto companies, five fintech companies and several banks and asset managers as well as issued an own educational program at the University of Applied Sciences in Zurich.
About Genius Yield
While DeFi provides many investment opportunities, managing capital is both complex and time-consuming. Genius Yield is your all-in-one solution to benefit from advanced algorithmic trading strategies and yield optimization opportunities. Our Smart Liquidity Management protocol is intuitive, hassle-free, and secure. Genius Yield minimizes risk and maximizes profits.