Use case · Crypto businesses
Bridge crypto and cash, with a counterparty banks trust
Accept and pay out in crypto, auto-convert to the currency you hold, and keep clean books — as a FINTRAC-registered MSB, not a grey rail.
The problem
What breaks without one account
Banks nervous about crypto
Flows get frozen or offboarded when no one can vouch for their source.
Off-ramping without an exchange
Turning crypto into usable cash usually means an account you can’t rely on.
Compliance you can prove
Without KYC/AML and source-of-funds, your bank is the one asking questions.
How 1klas fits
One regulated account, built for the way you move money
On- & off-ramp, both directionsAccept crypto and auto-convert to fiat, or pay out in crypto from your balance.
Settles to your own accountConverted crypto lands where you hold 60 currencies — one reconciliation.
Regulated, not anonymousA FINTRAC-registered MSB with sanctions and source-of-funds screening.
Clean booksCrypto and cash legs in one dashboard — the kind a bank is comfortable seeing.
One flow
How money moves for you
01
Receive crypto
USDT, USDC, BTC or ETH to a wallet you’re given.
02
Auto-convert
Locked quote to the currency you hold — no exchange account.
03
Settle to your account
Cash lands T+1 — or pay crypto back out.
What powers it
The products behind it
Crypto businesses
One account for everywhere you do business
Accept, hold, convert and pay out — with one regulated counterparty that’s reachable and clear about how it works.