Flagright, the AI operating system for financial crime compliance, is thrilled to announce Codex, the stablecoin FX platform, as its newest customer. Codex has selected Flagright’s comprehensive suite, including transaction monitoring, AML screening, case management, risk scoring, and AI forensics, to bolster its compliance framework as it scales its cross-border payments business.
Codex enables businesses to convert, receive, and pay with fiat and stablecoins at institutional rates, 24/7/365, in order to make global payments faster and more efficient compared to traditional banking rails.
By integrating Flagright’s ransaction monitoring and AML screening, Codex will gain real-time surveillance of all stablecoin flows, automated risk scoring to flag suspicious transactions, and a streamlined case management interface. Deployable in under two weeks, this unified solution ensures Codex can maintain rigorous financial crime controls as it grows its global payments network.
“Codex is committed to delivering seamless stablecoin FX, and with that comes the responsibility to proactively identify and eliminate illicit activity,” said Haonan Li, CEO and Co-Founder at Codex. “Flagright’s platform provides the advanced analytics and screening we need to monitor every transaction in real time and meet evolving regulatory standards.”
“We’re excited to welcome Codex to the Flagright family,” said Baran Ozkan, Co-founder and CEO of Flagright. “Their vision for efficient, stablecoin-powered cross-border payments aligns perfectly with our mission to modernize financial crime compliance. Together, we will help Codex expand confidently around the world.”
About Flagright
Flagright is the AI operating system for financial crime compliance, trusted by banks, fintechs, and financial institutions in 30+ countries. The platform unifies transaction monitoring, watchlist screening, risk scoring, case management, investigations, reporting, governance, and AI agents in one configurable, audit-ready system.
About Codex
Codex FX is the stablecoin-native FX platform for moving money across borders. The platform enables businesses to convert, receive, and pay with fiat and stablecoins at institutional rates, 24/7/365, making global payments faster and more efficient. Founded in 2024, the company is backed by investors including Dragonfly, Coinbase Ventures, Circle Ventures, Wintermute, and Cumberland.
