London-headquartered Veremark has acquired Singapore-based Risk Management Intelligence while SC Ventures has anchored the latest funding for TruFin.
London’s Veremark acquires Singapore-based RMI
Veremark, a London-headquartered workplace screening and whistleblowing platform, has acquired Singapore-based background verification firm Risk Management Intelligence (RMI) as it steps up expansion in Asia, the companies said.
Financial details of the acquisition were not disclosed. The deal follows Veremark’s recent $26-million Series B funding round and its acquisition of Agenda Screening Services, a specialist background screening firm.
Founded in 2012 by recruitment veteran Matthew Beath, RMI specialises in education and employment verification across the region, working with universities, business registries, and global sanctions and watchlists, the company said.
The acquisition adds about 70 RMI staff to Veremark and deepens its footprint in Singapore, where RMI has built relationships with institutions, including the Ministry of Manpower.
SC Ventures leads investment in TruFin
SC Ventures, Standard Chartered’s venture-building and investment arm, has led a strategic investment in TruFin, a startup building “institutional-grade” infrastructure for onchain yield, according to an announcement.
FalconX and Road Capital also participated in the funding round. Financial terms were not disclosed. TruFin said existing backers include Brevan Howard Digital, Digital Currency Group, Laser Digital, and Republic.
TruFin said it will use the capital to expand beyond liquid staking into additional yield categories, including tokenised real-world-asset yield and curated strategies, while investing in audit readiness, monitoring, and operational resilience.
It also plans to deepen integrations with qualified custodians, exchanges, and digital-asset management platforms so institutions can access products through existing custody-led workflows.
Founder and CEO Matt Molloy said institutions want onchain yield exposure but need defined processes, clear controls, and integrations that fit their existing operations.
