UBS Group and Nethermind complete concept validation, proving that public chains can meet compliance requirements

Nethermind stated that it has collaborated with UBS Group to complete two concept validations, demonstrating that a public, permissionless network can meet the compliance and operational needs of regulated financial institutions. Nethermind stated that banks and asset management companies can implement compliance controls through infrastructure running on top of Ethereum without changing the protocol's operational mode. Nethermind stated that it has built and tested nodes and routing components that can apply compliance rules, and completed end-to-end validation on Sepolia.