Solidus Labs, the category-definer for multidimensional market integrity, announced that it has been selected by BTSE, a leading global digital asset exchange, to power its comprehensive trade surveillance program. Solidus Labs’ HALO Trade Surveillance module will enable BTSE to detect market abuse and manipulation across its digital asset and tokenized real-world asset (RWA) markets.
The engagement equips BTSE’s compliance team with behavioral and risk-based detection across a broad range of manipulation typologies. As BTSE continues to expand its product offering across spot digital assets and tokenized RWAs, the partnership reflects the exchange’s commitment to embedding institutional-grade oversight into its trading infrastructure. Beyond its own trading platform, BTSE also provides white-label exchange infrastructure to clients around the world, enabling them to build and operate digital asset exchange offerings using BTSE’s technology. Together, these capabilities form part of BTSE’s broader global digital asset ecosystem.
Alongside core surveillance, BTSE’s compliance team will use HALO’s Model Testing capabilities to fine-tune algorithm parameters, simulate scenarios, and reduce false positives — allowing the team to customize detection to BTSE’s specific trading patterns and business needs while maintaining regulatory readiness. The team will also leverage Market Inspection, which extends visibility beyond BTSE’s own trading activity to give analysts broader context on market-wide behavior for more informed investigations.
“Since we’ve expanded our services to serve users in many different regions and countries, it’s become increasingly difficult to monitor each and every transaction for potential market abuse and manipulation”, said Jeff Mei, COO at BTSE. “Deploying smart solutions from Solidus Labs will enable us to do so more efficiently, so that we can maintain a better playing field for our traders.”
Optimized for the velocity and complexity of modern digital asset markets, HALO correlates trade data with behavioral signals to surface suspicious patterns such as spoofing, wash trading, and ramping across thousands of symbols in real time.
“BTSE has built a reputation for operating at the leading edge of digital asset trading, which requires surveillance technology built for the same speed and complexity,” said Diana Xu, Head of APAC at Solidus Labs. “We’re proud to support BTSE as they expand into new asset classes, including tokenized RWAs, with market integrity built in from day one.”
The partnership reflects a broader trend of digital asset exchanges adopting next-generation surveillance technology to meet stricter regulatory expectations and increasingly complex market dynamics across both crypto-native and tokenized traditional assets.