Company Information

Get to know culedger

Originally founded in 2016 as CULedger, the company was a consortium of U.S. credit unions and credit union leagues created to explore and implement blockchain and distributed ledger technology (DLT) for the benefit of its members. Its primary mission was to develop a secure, decentralized network for digital exchange to reduce fraud, improve member experience, and streamline administrative processes. In 2021, CULedger rebranded to Bonifii to better reflect its focus on its flagship digital identity product, MemberPass™, a verifiable credential that allows credit union members to securely and conveniently verify their identity.

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culedger

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.