Solidus Labs

Why settle for a standard lunch and learn when you can go #Falafel&Fundamentals ? 🧆 Last week, we had the pleasure of hosting Sepehr Irandoost, Head of Global Surveillance E&E at Bank of America, for a session that was as sharp as it was candid. We moved past the AI buzzwords to look at the reality of adopting transformative tech in a global financial institution. Sepehr shared a brilliant analogy for AI bias: if you ask a standard AI model to draw a person writing with their left hand, it will almost always "correct" them and place the pen in their right hand. The logic? The training data is so saturated with right-handed examples that the AI learns to treat the exception as an error. In Trade Surveillance, this is a massive hurdle. If models only learn from the "majority" or historical norms, they become blind to the novel, nuanced, and evolving tactics of market abuse. To protect market integrity, we have to teach AI to understand and flag the "left-handed" outliers. Big thanks to Sepehr for such a thoughtful and refreshing session. Stay tuned for the next invite. The insights are well-rounded, and the falafel is always fresh! 🥙

Onchain prediction markets hold immense promise, yet our latest research reveals a harsh reality: they have become a breeding ground for systemic market manipulation. In our new report, Polymarket Under the Polygraph: Market Abuse in the Age of Onchain Prediction Markets, we uncover how manipulation is evolving, from cross-symbol wash trading to multichain insider activity: 🔸 Extreme Profit Concentration: <1% of wallets capture ~50% of profits.  🔸 Massive Wash Trading: $253M in gross notional volume flagged across 7.18M executions. 🔸 "Cross-Symbol" Wash Trading: A manipulation typology unique to binary markets with no traditional equivalent.  🔸 Multichain Insider Trading: Sophisticated bridge obfuscation used to bypass standard KYC/KYT monitoring. If you're operating, supervising, or investing in prediction markets, this is essential reading. 📌 Download the full report here: https://lnkd.in/gGWiwgzA

Energized by the FIA, Inc. Law & Compliance Conference in DC 🇺🇸 The conversations this year made one thing clear: the future of market integrity will be defined by those who move faster, think smarter, and embrace innovation in compliance. The Solidus Labs team had the opportunity to engage with leaders who aren’t just adapting to change - they’re driving it. From Agentic AI to prediction markets integrity, cross-product trade surveillance, digital asset, and the rise of stablecoins & tokenization - the landscape is evolving fast. If you’re rethinking how to stay ahead of the curve, Solidus is here to help. Come find us at our booth, or drop us a note here👇 https://lnkd.in/e4fCt-CG Asaf Meir Chen Arad Spyridon Antonopoulos Uri Carmel Nicole Cammaert John Davis Kyle Kovacs James Ruffino Ian Melhorn Kevin Morrison Christopher Ceparano

Standing room only this morning at FIA, Inc.'s Law and Compliance Conference in Washington for our fireside chat with Kalshi - No Bets On Integrity: Surveillance in Digital Asset and Prediction Markets. Kalshi's Head of Enforcement Robert J. DeNault and Solidus Founder & CEO Asaf Meir shared insights from the trenches - on what it actually takes to ensure integrity in the world's fastest-moving commodity markets, and what institutions need to be thinking about as they deploy into this space. One clear theme that kept repeating: "once you solve novel and complex integrity issues in prediction and digital asset markets, perhaps the most fragmented and fast paced markets in the world, you can better solve many issues that traditional markets are still dealing with. New surveillance and risk monitoring technology can be highly effective in solving issues traditional markets are still grappling with, but it's not as easy to use legacy technology to solve issues in frontier markets." If you're at FIA today or tomorrow, come find us at our booth. #PredictionMarkets #MarketIntegrity #FIA #TradeySurveillance #Kalshi

Solidus CEO Asaf Meir joined Bijan Maleki on Real Vision to discuss prediction markets — where they're headed, what fundamental value they bring to the finance world, and why market integrity and compliance is a massive challenge calling for new tools - but also the key to unlock for institutional adoption. As Meir notes, the institutional opportunity is enormous, but still gated. Earnings calls are a great example: Hedge funds and sophisticated capital want to express surgical views on outcomes - not just share price - to hedge themselves. Nvidia beating earnings and the stock falling anyway is the perfect illustration of why. But institutions won't route flow anywhere without integrity infrastructure in place first. Market integrity isn't the last thing you build. It's the first thing they ask about. This is particularly true as the attack surface is combinatorially expanding, fast. New users, new assets, new market formats, 24/7 trading, all happening cross on- and off-chain increase the challenge of preventing cross-product and cross-venue manipulation. Monitoring effectively requires combining data streams - on-chain, off-chain, social, sentiment, behavioral - that legacy surveillance solution were not designed to combine. Lots more in the full conversation - find it here: https://lnkd.in/e6YQs2cV #PredictionMarkets #MarketIntegrity #MarketSurveillance #InstitutionalFinance #Crypto

We’re excited to spotlight one of the timely and forward-looking discussions at our upcoming STANY 90th Annual Conference on April 13 at the NYSE: Crypto at the Trading Desk: Institutional Execution, Liquidity & Market Structure in 2026 Crypto is no longer a side conversation—it’s an integral part of today’s market structure. In fact, STANY has been incorporating crypto into our Annual Conference programming since 2012, reflecting its growing importance to institutional trading and market evolution. This panel brings together leading voices in digital assets. With expert moderation by Richard B. Levin (Taft), and insights from Chen Arad (Solidus Labs), Andrew Murphy (Talos), Douglas Love (CoinRoutes), and Eric Rose (StoneX Digital), this discussion will provide valuable perspectives on where the market is now and where it is headed next. We look forward to welcoming our community for a day of insight, dialogue, and connection at the NYSE. #STANY #Finance #Crypto #DigitalAssets #MarketStructure #InstitutionalTrading #FinTech #NYSE

What does it take to bring real-world assets onchain and stay compliant? In this episode of Compliance Champions, Delphine F. Forma speaks with B. Salman Banaei, General Counsel at Plume on: • Embedded compliance in DeFi • The rise of RWA tokenization • Evolving global regulation • New market abuse risks Compliance is no longer optional but it’s built into the system. 🎧 Listen here: https://lnkd.in/eP2YxV9c #DeFi #RWA #Compliance #Web3

Prediction markets hit $25.7 billion in total volume in March alone. While retail is still a key driver, the next chapter is institutional - and that’s a different conversation, especially on integrity and compliance. In an interview yesterday with AInvest, our CEO Asaf Meir made a point worth sitting with: When financial institutions consider engaging with prediction markets, the first questions they ask are about guardrails for integrity and compliance, sometimes even before liquidity or product design. Another important insight is that when prediction markets are building compliance and surveillance, they don’t just do it to satisfy a compliance checklist. Their markets are some of the most complicated in the world and trading is impacted far beyond the order book, second by second, 24/7 - cutting edge surveillance tools that absorb more kinds of data (social, sentiment, KYC, TM data, KYT data, etc.), look beyond the order book, and coalesce on- and off-chain data across numerous markets simultaneously are absolutely necessary l for effective surveillance. And they’re using this innovation to signal, to regulators, to counterparties, to the market, that they take integrity seriously - as Asaf noted, often more seriously than many traditional venues that have been around for decades with far less incentive to innovate. That’s the real inflection point prediction markets are at right now. Not just growth. Legitimacy and integrity. Solidus was built for exactly this moment. Crypto-native, designed for fragmented and always-on markets, purpose-built to bring together the disparate data streams that event-driven trading requires. Watch the full interview: https://lnkd.in/eHnaeEhi #PredictionMarkets #MarketIntegrity #MarketSurveillance #Compliance

🚨 Who’s Protecting Markets From Insider Trading? As financial markets evolve—from crypto to prediction markets—the risks of insider trading and market manipulation are becoming more complex. Asaf Meir, CEO of Solidus Labs, explains how modern surveillance is adapting to this new reality. His firm is building systems designed to detect market abuse across fragmented, real-time trading environments. “If you're trading on any financial product in any financial market, we are making sure that you are safe doing so,” Meir said. 🔍 Key takeaways: Why prediction markets introduce new surveillance challenges How firms are detecting insider trading across multiple data streams What institutional investors expect before entering new markets #Finance #Fintech #Markets #Regulation #InsiderTrading #Crypto #PredictionMarkets READ 👇 https://lnkd.in/eYh23JgP

Last week, our Head of Policy, Delphine F., and Head of APAC, Diana Xu, CAMS, joined a full-day regulatory training hosted by the State Securities Commission of Vietnam (SSC), alongside multiple government agencies. The session focused on strengthening crypto compliance architecture, where we shared global perspectives on market abuse frameworks and how we support regulators through our HALO platform and tailored engagements. As Vietnam advances its pilot regime, robust supervision and scalable infrastructure will be key to ensuring a smooth transition for market participants. We’re proud to support regulators in shaping the next phase of digital asset markets. #Vietnam #Compliance #Crypto #Regulation #DigitalAssets