XODIAK / Compliance
Compliance
Verification is a property of the account, checked by the executor, not a checkbox in an application.
Enforced where it cannot be skipped.
Compliance implemented in an application is compliance that a second application can route around. On XODIAK the verification tier lives on the account and is evaluated by the transaction executor, so every client is held to it, including our own.
| Tier | What it means | Unlocks |
|---|---|---|
| unverified | An account exists. Nothing about the holder has been established. | Read access. No transacting. |
| basic | Identity evidence collected and checked at a basic level. | Transacting within limits. |
| enhanced | Enhanced due diligence, including source of funds where applicable. | Higher limits, voting. |
| sovereign | Institutional or governmental counterparty, verified under command authority. | Custody, validator registration, governance execution. |
Tiers gate four permission classes: transact, vote, custody and authorization. A tier change is itself a recorded compliance event.
Events, not states
Submission, verification and rejection are each recorded as their own event. The current tier is a projection of that history, so an audit can reconstruct why an account was where it was on any date.
Limits at the executor
Transaction limits are evaluated before a transaction is admitted to a block. Exceeding a limit is a rejection at the protocol level, not a warning in a dashboard.
Entity registry
Legal entities are registered distinctly from the natural persons who control them, so an obligation follows the entity when the people around it change.
What this is not
XODIAK enforces the tiers and limits you configure. It is not a licensed money transmitter, a bank, a broker-dealer or a transfer agent, and it does not perform your regulatory analysis for you. Bring counsel for your jurisdiction and your instrument.
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Open an account, sign a transaction, read a block. About ten minutes end to end.
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