About Virtual Assets Lab

Virtual Assets Lab (VAL) offers a secure and compliant stablecoin management platform and wallet technology that supports G10 currencies, enabling efficient global transactions. By utilizing self-sovereign identity and verified credentials, VAL enhances user privacy and reduces friction in digital asset management.

```xml <problem> Existing stablecoin solutions often lack transparency, security, and the ability to seamlessly integrate with various blockchain networks and exchanges. This creates friction for users and limits the potential for widespread adoption in global commerce. </problem> <solution> Virtual Assets Lab (VAL) offers a stablecoin management platform and wallet technology designed to address these challenges. The platform supports G10 currencies, providing a compliant and secure infrastructure for global transactions. VAL's solution incorporates self-sovereign identity (SSI) and verified credentials (VCs) to enhance user privacy and reduce friction in digital asset management. The platform is chain-agnostic and exchange-neutral, ensuring flexibility and interoperability across the financial landscape. </solution> <features> - Supports G10 currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK. - Mobile wallet app enables users to manage their wallet, access stablecoins, and establish a self-sovereign ID (SSI). - Compliant and licensed across various jurisdictions, including VQF (Switzerland), EMI (Europe), VASP (Europe), and AUSTRAC (Australia). - SOC II compliant mobile wallet technology. - Real-time attestations provide transparency by legally attesting to the balances held backing "1USD" cross-referenced against "1USD" balances on chain. - Chain-agnostic and exchange-neutral design for compatibility with various blockchain networks and exchanges. - Customizable platform with robust support services for efficient onboarding and management. </features> <target_audience> The primary target audience includes users, blockchain networks, exchanges, institutions, and governments seeking secure, compliant, and customizable stablecoin solutions. </target_audience> <revenue_model> VAL offers flexible pricing models and yield-sharing options for Layer 1 blockchain networks and exchanges. </revenue_model> ```

What does Virtual Assets Lab do?

When was Virtual Assets Lab founded?

Virtual Assets Lab was founded in 2024.

Who founded Virtual Assets Lab?

Virtual Assets Lab was founded by Diana Bushard, John Costantini and Bill Wolf.

Diana Bushard - General Counsel and Co-Founder
John Costantini - Chief Operating Officer and Co-Founder
Bill Wolf - Co-CEO and Co-Founder

Founded

2024

Employees

11 employees

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Virtual Assets Lab

Score: 61/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

val.com 50+

Founded 2024

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (10+)

Diana Bushard

General Counsel and Co-Founder

John Costantini

Chief Operating Officer and Co-Founder

Bill Wolf

Co-CEO and Co-Founder

Company Description

Problem

Existing stablecoin solutions often lack transparency, security, and the ability to seamlessly integrate with various blockchain networks and exchanges. This creates friction for users and limits the potential for widespread adoption in global commerce.

Solution

Virtual Assets Lab (VAL) offers a stablecoin management platform and wallet technology designed to address these challenges. The platform supports G10 currencies, providing a compliant and secure infrastructure for global transactions. VAL's solution incorporates self-sovereign identity (SSI) and verified credentials (VCs) to enhance user privacy and reduce friction in digital asset management. The platform is chain-agnostic and exchange-neutral, ensuring flexibility and interoperability across the financial landscape.

Features

Supports G10 currencies, including USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, SEK, and NOK.

Mobile wallet app enables users to manage their wallet, access stablecoins, and establish a self-sovereign ID (SSI).

Compliant and licensed across various jurisdictions, including VQF (Switzerland), EMI (Europe), VASP (Europe), and AUSTRAC (Australia).

SOC II compliant mobile wallet technology.

Real-time attestations provide transparency by legally attesting to the balances held backing "1USD" cross-referenced against "1USD" balances on chain.

Chain-agnostic and exchange-neutral design for compatibility with various blockchain networks and exchanges.

Customizable platform with robust support services for efficient onboarding and management.

Target Audience

The primary target audience includes users, blockchain networks, exchanges, institutions, and governments seeking secure, compliant, and customizable stablecoin solutions.

Revenue Model

VAL offers flexible pricing models and yield-sharing options for Layer 1 blockchain networks and exchanges.