Zumo is a UK-based digital assets platform, with a sharp focus on compliance and sustainability.
The company acts as a trusted local partner for firms seeking to access the UK market and switch on crypto services for their UK customer base, providing the infrastructure and expertise they will need to go live responsibly and with confidence.
Registered with the UK’s Financial Conduct Authority (FCA) as a cryptoasset business, Zumo is continually evolving its turnkey digital-assets-as-a-service proposition in line with the latest regulatory expectations.
Through one simple API connection, Zumo orchestrates all the services a client needs to enable end-customers to securely hold, buy, sell, and send digital currencies. This includes custodial services, KYC/AML, trading, and fiat on- and off-ramping.
Zumo is also a proud pioneer of sustainability-led crypto. The company was part of the World Economic Forum’s Crypto Sustainability Coalition and subsequently introduced the Oxygen toolkit to help firms better manage the carbon footprint of their digital asset activities.
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Amelie Arras
Marketing Director
Press releases
Crypto firms fear being shut out of the UK market as operational readiness lags behind ambition
- Initial findings from Zumo’s UK Regulatory Preparedness Assessment survey show seven in ten crypto firms see losing UK market access as a key risk of the incoming regulatory regime – yet just one in ten feel fully prepared for the new rules.
- With the FCA opening its application gateway in September, 60% of firms are still assessing how to adapt their UK operating model to meet the new requirements, while 30% are finding it challenging to determine which rules apply to them and what permissions are needed.
- As nine out of ten firms prepare to submit applications, these early insights from Zumo’s live survey show a gap between ambition and firms’ readiness; collaboration will be required to close this gap, with Zumo calling on firms to feed into its assessment to help make compliance a more structured, manageable process.
Safello teams up with Zumo to set the standard for sustainability in Sweden’s crypto sector
- Swedish cryptocurrency exchange Safello has entered into an agreement with Zumo to comply with sustainability disclosures under MiCAR
Snapshot report: Less than a third of crypto companies fully understand MiCA sustainability reporting obligations
- Zumo’s new survey report, featuring input from the European Commission, reveals that whilst 75% of respondents are ‘very familiar’ with the MiCA regulation, under a third say they are ‘knowledgeable’ about its sustainability disclosure requirements.
- Half of those surveyed also feel a lack of ready-made technological solutions are a blocker in their efforts to achieve MiCA sustainability compliance, with the same figure citing unclear regulatory requirements.
- Zumo is in Davos as the company continues its work to align industry efforts with regulatory thinking, and to bridge this sustainability compliance knowledge gap to help build trust in the growing digital assets sector.
CBI partners with Zumo to advance innovation in sustainability of digital assets
- The partnership will enable both parties to explore the tracking of digital asset sustainability
- A significant step in CBI’s commitment to furthering innovation and offering cutting-edge digital solutions to its clients
- Zumo has firmly established itself as a leader in advancing sustainability within the digital asset sector
Zumo has added MiCA sustainability indicator compliance measurement and reporting to its award-winning Oxygen product
- Digital assets platform Zumo has added MiCA-compliant sustainability metrics to its Oxygen product, which helps providers to automate and simplify new sustainability indicator requirements ahead of MiCA’s December deadline.
- The new feature is the latest step in Zumo’s award-winning sustainability journey, with the company committed to helping drive a more sustainable, compliant digital assets sector.
Zumo joins the Abu Dhabi Sustainable Finance Declaration
- Digital assets platform Zumo has signed the Abu Dhabi Sustainable Finance Declaration, which supports the UAE’s wider green economy ambitions.
- Zumo will bring learnings and insights from its pioneering sustainability work with the World Economic Forum and the Emerging Technologies Sustainability Taskforce to the Middle East to help drive a sustainable digital assets sector in the region.
UK’s young voters call for crypto to be moved up the political agenda
- Ahead of the general election, more than a third of young adults believe the growth of the crypto sector should be a key consideration for politicians, with four in ten considering it vital for the UK’s economic growth prospects.
- Amidst growing adoption, a similar figure (32%) say they have concerns about the sector’s future prospects ahead of a change in government.
Zumo joins forces with Crypto Carbon Ratings Institute (CCRI) to combat the carbon footprint of the new wave of crypto funds
- Zumo, the B2B digital assets infrastructure prioritising compliance and sustainability, has announced a new strategic partnership with Crypto Carbon Ratings Institute (CCRI), which provides data on the carbon exposure of investments and business activities related to blockchain.
- In March 2024, the annualised carbon footprint of all physically-backed Bitcoin fund products stood at 4487.93 kilotonnes of carbon dioxide (ktCO2) - equivalent to a person flying from London to New York and back over 1.5 million times. This is set to grow further with the London Stock Exchange (LSE) and the Hong Kong Securities and Futures Commission (SFC) now also accepting crypto fund products.
- In response, Zumo and CCRI have announced a new partnership to help financial institutions to better measure, mitigate, and report on the carbon footprint of their digital asset activities.
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