Crypto Compliance Firm Chainalysis Launches Partnership Program

Blockchain analysis company Chainalysis has launched its partnership program to expand cryptocurrency compliance.

Founded in 2014, Chainalysis offers crypto investigation and compliance solutions to global law enforcement agencies, regulators, and businesses as they work together to fight illicit cryptocurrency activity. Its crypto transaction monitoring tool, Chainalysis KYT, is designed to automate the assessment of money laundering risk, thereby helping cryptocurrency businesses and financial institutions to meet regulatory requirements. The tool is being used by more than 100 crypto businesses and financial institutions in 36 countries.

The Chainalysis partnership program will allow the company to build on its mission to promote the safe adoption of cryptocurrencies by building trust among financial institutions, governments, and cryptocurrency businesses. It will enable Chainalysis to work with key infrastructure providers to broaden crypto transaction monitoring via simpler integrations, distribution partners in new global markets, and data providers to bolster its intelligence on the legitimate and illicit services that use crypto to transact.

“Chainalysis is dedicated to building trust in blockchains across both private and public sectors,” said Jason Bonds, Chief Revenue Officer of Chainalysis. “Our new partnership program will amplify our already extensive reach across jurisdictions where we provide the investigative and compliance technology the cryptocurrency ecosystem needs to fully understand blockchain activity.”

According to Chainalysis, partners will include firms that specialize in compliance software, crypto investigations and training specialists, core banking infrastructure, and cryptocurrency wallet services, among others. A partner directory with more detailed information on both its technical and service oriented partners will be launched in the coming weeks.

“Our law enforcement end users are increasingly looking for cryptocurrency investigative technology to help in cases with criminal and national security implications,” said Lacey Wean, Manager of the Chainalysis Team at Carahsoft, which serves as Chainalysis’ Master Government Aggregator. “Chainalysis is the market leader in blockchain analysis, and we are thrilled to work with our reseller partners to provide greater access to their investigative tools.”