Chainlink, Apex Group, Bluprynt, Hacken partner with BMA
06 May 2026 US
Image: tadamichi/stock.adobe.com
Chainlink, Apex Group, Bluprynt, and Hackden, in collaboration with the Bermuda Monetary Authority (BMA), have completed the Embedded Supervision Solution, an initiative designed to demonstrate the direct embedding of regulatory requirements into digital asset infrastructure, allowing for real-time administrative enforcement.
Each firm was responsible for a different enforcement function: Bluprynt’s Know Your Issuer authenticated the legal identity and token contract of the issuer; Chainlink provided onchain enforcement infrastructure; Apex Group acted as an independent fund administrator; and Hacken's Extractor platform provided real-time onchain monitoring.
The Extractor platform purportedly recorded a detection latency of 250-500 milliseconds from transaction inclusion to alert propagation within the initiative.
The solution was deployed on Ethereum’s Sepolia and Base Sepolia testnets, operating across two integrated tracks.
Track one was identity and compliance policy enforcement, with track two being Proof of Reserve enforcement and asset surveillance.
The collaborators say that the completion of the initiative is intended to aid the industry in transitioning compliance from “manual, post-hoc processes to automated enforcement built directly into financial infrastructure”.
Non-compliant transactions were blocked prior to the finalisation of execution, including situations where issuer credentials were absent or reserve thresholds were not met.
The BMA says the collaboration is indicative of its commitment to “advancing the institutional adoption and development of digital assets”, building on previous work with Chainlink and Apex Group on institutional-grade stablecoin infrastructure in Bermuda.
Speaking on the initiative, Ishan Vishnoi, vice president, banking and capital markets, product and operations, Chainlink Labs, says: “We are excited to support the successful completion of the Embedded Supervision Solution with the Bermuda Monetary Authority, which demonstrates a new model for real-time, regulatory-friendly digital asset compliance.”
Bluprynt CEO and founder, Chris Brummer, comments: “The BMA pilot proved something the industry has been theorising about for years: compliance doesn't have to be a reporting layer bolted on after the fact — it can be an infrastructure property enforced at the point of execution.”
Yev Broshevan, CEO of Hacken, adds: “What we demonstrated here is that security and regulatory oversight are not separate workstreams: when you build surveillance at the infrastructure layer, compliance becomes continuous, tamper-resistant, and machine-speed.”
Juan Andres Dudier Mendoza, product head, digital asset stablecoin at Apex Group, remarks: “By acting as a trusted, independent administrator, Apex Group enabled reliable information to be brought on‑chain through Proof of Reserve, delivering auditability, transparency, and a critical foundation for embedded supervision.”
Each firm was responsible for a different enforcement function: Bluprynt’s Know Your Issuer authenticated the legal identity and token contract of the issuer; Chainlink provided onchain enforcement infrastructure; Apex Group acted as an independent fund administrator; and Hacken's Extractor platform provided real-time onchain monitoring.
The Extractor platform purportedly recorded a detection latency of 250-500 milliseconds from transaction inclusion to alert propagation within the initiative.
The solution was deployed on Ethereum’s Sepolia and Base Sepolia testnets, operating across two integrated tracks.
Track one was identity and compliance policy enforcement, with track two being Proof of Reserve enforcement and asset surveillance.
The collaborators say that the completion of the initiative is intended to aid the industry in transitioning compliance from “manual, post-hoc processes to automated enforcement built directly into financial infrastructure”.
Non-compliant transactions were blocked prior to the finalisation of execution, including situations where issuer credentials were absent or reserve thresholds were not met.
The BMA says the collaboration is indicative of its commitment to “advancing the institutional adoption and development of digital assets”, building on previous work with Chainlink and Apex Group on institutional-grade stablecoin infrastructure in Bermuda.
Speaking on the initiative, Ishan Vishnoi, vice president, banking and capital markets, product and operations, Chainlink Labs, says: “We are excited to support the successful completion of the Embedded Supervision Solution with the Bermuda Monetary Authority, which demonstrates a new model for real-time, regulatory-friendly digital asset compliance.”
Bluprynt CEO and founder, Chris Brummer, comments: “The BMA pilot proved something the industry has been theorising about for years: compliance doesn't have to be a reporting layer bolted on after the fact — it can be an infrastructure property enforced at the point of execution.”
Yev Broshevan, CEO of Hacken, adds: “What we demonstrated here is that security and regulatory oversight are not separate workstreams: when you build surveillance at the infrastructure layer, compliance becomes continuous, tamper-resistant, and machine-speed.”
Juan Andres Dudier Mendoza, product head, digital asset stablecoin at Apex Group, remarks: “By acting as a trusted, independent administrator, Apex Group enabled reliable information to be brought on‑chain through Proof of Reserve, delivering auditability, transparency, and a critical foundation for embedded supervision.”
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