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Sonic Labs Integrates TRM Labs for Better Fraud Detection Tools

Author: Content Editor
The integration of TRM Labs with Sonic is a significant step towards improving asset security for institutional investors in the digital asset market. TRM Labs, known for its blockchain intelligence solutions, will provide Sonic with sophisticated compliance and risk management tools to closely monitor transactions for any questionable behavior. This alliance will provide institutions employing Sonic with advanced fraud detection, real-time risk assessment, and transaction monitoring, helping them fulfill strict regulatory criteria. The partnership aims to create a more compliant and safer environment for handling digital assets, providing institutional investors with peace of mind that their funds are constantly protected. Additionally, Sonic has incorporated push-based oracles from Band Protocol, improving the reliability of real-time data for decentralized apps. These developments, along with Sonic's trustless and safe Ethereum-Sonic transactions, aim to establish user confidence and provide a flawless and secure experience for digital asset transfers.

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