European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27.

Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor market activity and attract more institutional investors.

Commenting on the collaboration, Alastair Goodwin, CEO of Irisium Ltd, said that the adoption of Irisium’s platform will help “increase transparency, integrity and confidence in the cryptocurrency market,” eventually improving market liquidity and adoption.

Founded in 2011, Bitstamp is purportedly the largest crypto exchange by trading volume in the E.U., supporting trading for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), U.S. dollars and euro.

Recently the exchange was acquired by Belgium-based investment firm NXMH, which is in turn a subsidiary of investment bank Barclays. The firm is a also a subsidiary of Korea-based media giant NXC Corp., which bought a 65.19 percent stake in South Korean crypto exchange Korbit last year.

In August, Bitstamp along with crypto exchanges Gemini, Bittrex, and bitFlyer USA established a self-regulatory organization dubbed the Virtual Commodity Association Working Group for digital commodities, such as cryptocurrencies. The organization aims to help large-scale investors get more comfortable with the crypto market and work on formulating industry standards.

In May, the Chicago Mercantile Exchange (CME Group) in partnership with U.K.-based Crypto Facilities launched the CME CF Ether-Dollar Reference Rate and Real Time Index to provide users access to a real-time ETH price in U.S. dollars. Both rates are set to be calculated by Crypto Facilities, and based on transactions and order book activity from crypto exchanges Bitstamp and Kraken.