April 17, 2025

Shyft Expands India Presence Partnering with SunCrypto

Shyft Expands India Presence Partnering with SunCrypto

Shyft Network is continuing to expand its presence in India through a new collaboration with SunCrypto, a registered Virtual Asset Service Provider (VASP). As part of this partnership, SunCrypto is integrating Shyft Veriscope — the only frictionless Travel Rule compliance solution for the crypto industry.

This integration enables SunCrypto to meet global Travel Rule requirements through a decentralized, privacy-preserving framework that minimizes operational complexity while maintaining full compliance with FATF guidelines. By joining the Veriscope network, SunCrypto becomes part of a growing global community of VASPs committed to building secure and trusted infrastructure for the future of digital assets.

“India is a key region in the evolution of global crypto infrastructure, and we're proud to support forward-thinking VASPs like SunCrypto as they lead the way in compliance and innovation,” said Zach Justein, Co-Founder of Shyft Network. “This integration reflects our commitment to building secure frameworks that protect privacy when enabling responsible growth of the digital asset ecosystem.”

SunCrypto is one of India’s early movers in the digital asset exchange space. Founded in 2019, the platform provides access to a wide range of cryptocurrencies and trading services, with a strong focus on accessibility, education, and regulatory alignment. With over one million registered users and growing, SunCrypto continues to play a role in shaping responsible crypto adoption in India.

Shyft Network’s collaboration with SunCrypto follows recent integrations across the Indian VASP ecosystem, including the previously announced partnership with Unitic. These developments reflect Shyft’s ongoing commitment to supporting local exchanges, custodians, and service providers in building future-ready compliance infrastructure through Veriscope.

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About SunCrypto

SunCrypto is a trusted Indian cryptocurrency exchange, offering seamless trading across a variety of digital assets and fiat pairs, including INR. With a strong focus on security, simplicity, and regulatory compliance, the platform provides a streamlined experience for both first-time users and seasoned traders. SunCrypto upholds strict Know Your Customer (KYC) standards and offers robust safety measures for user assets and information. The platform also supports fast INR deposits and withdrawals, round-the-clock customer support, and a growing set of features designed to support responsible crypto adoption in India.

About Veriscope

Veriscope, the compliance infrastructure on Shyft Network, empowers Virtual Asset Service Providers (VASPs) with the only frictionless solution for complying with the FATF Travel Rule. Enhanced by User Signing, it enables VASPs to directly request cryptographic proof from users’ non-custodial wallets, streamlining the compliance process. Veriscope brings trust, security, privacy, and reliability to the crypto compliance process and is a go-to solution for the leading virtual asset service providers worldwide.