As a rapidly developing crypto asset trading platform, Websea has always regarded "compliance" as one of the core values of the platform's development, and with the mission of "empowering a new generation of young people and building a new digital financial ecosystem that benefits the general public", it continues to promote the evolution of the global digital asset trading environment towards a healthier and more orderly direction. On July 1, 2025, Websea was awarded a regulatory license by the Australian Securities & Investments Commission (ASIC), and its entity "WEBSEA GLOBAL PTY LTD" was officially registered and regulated by it.
With excellent user experience and continuous product innovation, Websea has emerged in an increasingly competitive market. In the first half of 2025, Websea launched the world's first "principal protection copy" and "contract insurance", building a new paradigm of low-threshold, high-security and sustainable trading experience for global users, strongly driving the daily average growth of platform contract trading volume by 250%+ year-on-year. The ecological value of Websea platform currency was released simultaneously. The price of WBS rose from 0.3U at the beginning of the year to 1.3U, an increase of 410%. Confidence in the capital market continued to pour in, showing strong capital absorption and value consensus. All these impressive data come from the high standards of the Websea team. They always regard security and compliance as the lifeline of platform development, continuously optimize technical architecture, user experience and product innovation, and continuously improve users' transaction efficiency and operational freedom around the world.
So far, Websea has successfully obtained financial licenses from the United States, Canada, and Australia. At the same time, Websea has officially connected to the world's leading on-chain anti-money laundering (AML) system - MistTrack, which not only meets the regulatory compliance requirements of multiple countries, but also actively identifies risks through technical means to create a safer and more transparent trading environment for all users. On this basis, the platform will further expand strategic businesses such as cross-border finance, asset custody, financial derivatives, and institutional services, consolidate the cornerstone of international compliance, and build a more open, safer, and more sustainable Web3 financial system.
The strategic value of ASIC compliance qualifications: strengthening the foundation of trust and expanding the global market
As an authoritative financial regulatory agency established by the Australian federal government, ASIC enjoys a high reputation in the global financial market for its extremely strict review system, transparent regulatory system and high-standard risk control requirements. Websea successfully obtained ASIC regulatory certification, which means that the platform has fully passed multiple verifications of the world-class compliance system in core dimensions such as risk control capabilities, operating norms, and fund security. The scope of the license approved this time covers: finance and financial derivatives, foreign exchange contracts, securities and other key asset categories, providing compliance and regulatory support for the localization layout of the Australian market.
In the future, Websea will build a global trust network across Asia Pacific, connecting Europe and the United States, and facing the future, seize the initiative in the global market, and promote the healthy development of the digital economy. At the same time, Websea will continue to deepen technological innovation and service optimization, and work with more partners to jointly create a new era of digital asset management and financial services.
Corporate genes and long-term vision: Adhere to long-termism and take every step carefully
Since its inception, Websea has firmly taken the path of "long-termism + global compliance". We always believe that short-term transactions rely on products, and long-term development relies on trust. The underlying logic of trust comes from the protection of user rights, the embrace of regulatory norms, and the awe of risk control.
In the turbulent and uncertain crypto industry, Websea has been building its own global compliance ecosystem step by step in a down-to-earth manner, consolidating the platform's risk control capabilities and service foundation. ASIC is just a starting point. We firmly believe that a truly great company is one that maintains rigor and awe in all invisible places. In the future, we will continue to work hard in the following directions:
- Strengthen cooperation with local financial institutions and blockchain companies in Australia
- Launch localized products and service systems for Asia-Pacific users to expand market reach
- Strengthen communication with global regulators and continuously optimize the platform's compliance operation system
- Promote the global implementation of more innovative financial products from Websea and serve users in more countries and regions
Compliance is not the end, it is Websea's belief
As the current crypto industry gradually enters a stage of standardized and institutionalized development, compliance qualifications are no longer just "icing on the cake", but also a prerequisite and moat for the long-term operation of the platform. From North America to Oceania, from license application to system integration, Websea continues to break through boundaries, not running for "obtaining a license", but sticking to "realizing a sense of security". Every time we enter a country's compliance system, it is a reaffirmation of user rights; behind every financial regulatory license is our solemn commitment to the future of the industry. In the future, Websea will build a trustworthy crypto asset platform for users with a more stable pace and a more global vision.
