Mercantile – The Future of Digital Asset Security
The Future Of Digital Asset Security
As a founding member of the Society for Digital Identity (SDI) and the Digital Identity Registration Network, Mercantile Bank is at the forefront of digital asset security. SDI is a non-profit founded by financial professionals with a mission to promote federal and state policies that safeguard and authenticate digital identities. SDI works closely with legislators, regulators, industry leaders, and stakeholders to establish a policy framework that ensures the integrity and security of digital identities while also promoting innovation and economic growth.
As part of this mission, SDI developed and operates the Digital Identity Registration Network (DIRN), which registers wallets in a manner that preserves independence, while enabling insight into transactions. This registry allows banks and financial institutions to participate effectively and safely in the evolving digital landscape by providing comprehensive and reliable compliance data related to each blockchain-adjacent transaction.
SDI is committed to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance to ensure the highest standards of transparency, accountability, and security in the digital asset ecosystem