Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance
CoinDesk
Coinbax secured the $20,000 PitchFest prize at Consensus Miami for its programmable escrow infrastructure designed to enhance stablecoin payment compliance.Summary
Coinbax won the $20,000 grand prize at the Consensus Miami PitchFest for its software that integrates compliance controls directly into onchain stablecoin payments. Founded by Peter Glyman, the startup provides programmable escrow infrastructure, allowing financial institutions to manage identity verification, sanctions screening, and risk assessment automatically via smart contracts. By shifting compliance checks onchain, the platform aims to bridge the gap between traditional banking requirements and the efficiency of blockchain transactions. The company is currently live on Base and is conducting pilot programs with various banks and custody providers.
(Source：CoinDesk)