Fuutura announced a non-custodial trading protocol that supports multiple types of digital assets. It includes an identity system and a wallet system built into the same structure.
Image provided by Fuutura
Fuutura, a blockchain infrastructure company, has unveiled three main products within its non-custodial trading protocol ecosystem. Fuutura Identity, Fuutura Wallet, and Fuutura Trade products are designed to work together but can operate separately as well.
The company stated that users are verified once while registering for one of the new solutions, hold their own cryptographic keys, and can act across its other products using the same identity and wallet setup.
Fuutura Trade
Fuutura Trade is a non-custodial, multi-chain trading protocol. It supports on-chain execution and cross-chain liquidity. It is designed to handle several types of digital assets, including cryptocurrencies, stablecoins, governance tokens, utility tokens, liquid staking tokens, wrapped assets, and liquidity pool tokens.
The protocol uses the user’s wallet and identity attestation. It does not use a platform-controlled order book or off-chain matching system.
“We didn’t set out to build another exchange. We set out to build the trading layer that’s missing from crypto. Non-custodial, on-chain, multi-chain, with identity attestation handled at the protocol layer rather than at every product. Once you build that architecture, the rest of the ecosystem becomes possible. Wallet, Identity, Trade. They all run on the same foundation, and that’s why the protocol can recognise the user and trust them to act on their own behalf without intermediaries getting in the way.”
Ellis McGrath, Co-founder and Chief Technology Officer of Fuutura
Fuutura Identity
Fuutura Identity is a verification layer. It combines biometric checks, liveness detection, document verification, and AML screening. The result is an on-chain attestation linked to the user’s wallet. The company said the verification is done once and used across all products.
Fuutura Wallet
Fuutura Wallet is a non-custodial, multi-chain wallet. Users control their own private keys and sign transactions themselves. The wallet connects to different blockchains and is used across Fuutura’s products.
“The promise of crypto has always been that users could participate in finance without giving up custody, identity, or access. The reason that promise hasn’t delivered is that the architecture wasn’t there. Identity, custody, and execution have lived in separate places, and the user has paid the cost. Fuutura is being built so they live in one place, at the protocol layer, where they belong.”
Oliver Cook, Co-founder of Fuutura
Fuutura said three products are ready for launch, while additional blockchain ecosystem products are in development. The solutions are directed exclusively at persons outside the UK and other restricted jurisdictions. They are not to be acted on by anyone inside a restricted jurisdiction.
The announcement comes in the context of ongoing global regulatory discussions on crypto asset compliance, including identity verification and anti-money laundering requirements. For example, the FATF guidance on virtual assets outlines expectations for risk-based AML controls in virtual asset services, and the EU MiCA Regulation framework sets requirements for crypto asset service providers in the European Union.
