KYB Know Your Business

Who this is for: issuers onboarding an institutional counterparty, or evaluating what checks their own entity may be asked to complete. This is a concept page: no on-chain KYB integration guide is published yet.

What it verifies

KYB confirms the identity, legal standing, and beneficial ownership of a business or institutional entity: the corporate equivalent of KYC for individuals. It typically covers registration documents, ownership structure, and sanctions/watchlist screening of the entity and its principals.

Where it applies

KYB is typically required during institutional issuer onboarding, verifying the entity that is issuing an asset, and for institutional investors participating in a distribution that carries an entity-level rather than individual-level eligibility check. Like KYC, it is enforced at the application layer per Lumia's compliance model, not by the base chain itself. Lumia provides no KYB process and recommends no KYB vendor. The onboarding process and the documentation required are set entirely by the issuer or counterparty, using whichever provider they choose. That follows directly from the compliance model: the chain is permissionless, and entity checks live in the application the issuer builds.