Coinbase-Backed TRUST Network Launches TRUSThub, Adds BNY and 21 Analytics Partnership | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
The Travel Rule Universal Solution Technology (TRUST) network has announced a series of major milestones aimed at simplifying crypto compliance worldwide, including the launch of TRUSThub, the addition of BNY as a member, and a new partnership with Travel Rule automation firm 21 Analytics.
TRUST, the industry-led network enabling Virtual Asset Service Providers (VASPs) to securely exchange Travel Rule data without centralising sensitive information, unveiled the developments on 28 May 2026.
The headline announcement is TRUSThub, an extension of the core TRUST solution designed to lower the barriers to integration. TRUSThub allows member VASPs to exchange Travel Rule data with counterparties globally, regardless of which Travel Rule tools those counterparties currently use. The platform retains TRUST’s signature peer-to-peer, privacy-first architecture while helping to bridge so-called “sunrise” gaps — the compliance grey areas that emerge as jurisdictions phase in Travel Rule requirements at different paces.
On the membership front, BNY — one of the world’s largest financial services institutions — has joined the TRUST network, a move seen as a strong signal of traditional finance’s growing commitment to compliant digital asset infrastructure. BNY joins an already prominent roster including Coinbase, Kraken, Gemini, PayPal, Fidelity Digital Assets, Circle, OKX, and Revolut, among others.
The partnership with 21 Analytics is intended to accelerate onboarding by allowing VASPs already using the firm’s automation software to plug into TRUST with minimal friction, while also leveraging 21 Analytics’ self-hosted wallet verification tools.
TRUST’s network now spans the EU, UK, US, Canada, Australia, India, Brazil, Hong Kong, Japan, Switzerland, and the UAE, cementing its position as a leading global Travel Rule compliance solution.
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