Chainalysis Completes $170 Million Funding at $8.6 Billion Valuation
This article comes fromDecrypt, original author: Andrew Asmakov
Odaily Translator |
![]()
According to The InformationThis article comes from
, original author: Andrew Asmakov
Odaily Translator |
According to The Information
It is reported that Chainalysis, founded in 2014, specializes in providing software tools that allow government agencies, financial institutions and private companies (including encryption exchanges and wallet providers) to detect and prevent cryptocurrency-related crimes and money laundering.
The new round of funding doubles Chainalysis's valuation to as much as $8.6 billion, the sources said.
In March 2021, Chainalysis completed a $100 million Series D round of financing, bringing its valuation to more than $2 billion; it then completed a $100 million Series E round in June 2021, bringing its valuation to $4.2 billion.
According to Crunchbase data, Chainalysis has raised a total of $536 million so far.
secondary title
Chainalysis Launches Crypto Wallet Sanctions Monitoring ToolEarlier this year, Chainalysis launched two new tools — an on-chain oracle and a public API to more easily screen crypto wallets for sanctions compliance.While it typically offers commercial products, Chainalysis emphasized that these tools are freely available to industry participants.
In February of this year,last month,Ethereum privacy trading platform Tornado Cash
Chainalysis and former Forbes reporter Laura Shin


