NEW YORK, Might 20, 2021 /PRNewswire/ — Chainalysis, the blockchain evaluation firm, in the present day introduced the launch of Chainalysis Business Data, a first-of-its-kind information providing to assist cryptocurrency exchanges and different fintech corporations that provide cryptocurrency providers higher perceive their customers, tailor their product choices, and establish new income streams. Enterprise Information is powered by Chainalysis’s proprietary information, which cryptocurrency companies the world over already use for compliance. Enterprise Information is the primary Chainalysis providing designed for advertising, finance, and product improvement groups to assist them drive person development.
“The good thing about cryptocurrency is its inherent transparency, and with the appropriate information, companies can achieve useful intelligence to tell their development methods,” mentioned Jonathan Levin, Co-Founder and Chief Technique Officer, Chainalysis. “This stage of data-driven enterprise improvement is one other benefit of blockchains that simply is not attainable in conventional finance.”
Chainalysis has been systematically constructing its information set since 2014, linking blockchain exercise to actual world entities. Chainalysis screens over 100 digital belongings together with Bitcoin, Ethereum, and the most well-liked ERC-20 tokens and stablecoins, representing over $200 billion price of transactions per 30 days. Monetary crime and compliance professionals already depend on Chainalysis on-chain information to detect and examine illicit transactions. Chainalysis Enterprise Information harnesses the identical trusted dataset to assist exchanges reply questions like:
- Ought to we run a promotion on sure belongings?
- Are clients leaving and going to opponents?
- Which new clients ought to we goal?
- Which acquisition channels end in my finest clients?
“One in every of cryptocurrency’s many benefits is its transparency, which supplies distinctive alternatives for enterprise improvement,” mentioned Phoivos Mytilinaios, Head of Enterprise Intelligence & Information Engineering at Bitpanda, Europe’s main digital asset platform. “By extending their data-driven choices past compliance, Chainalysis will assist inform our advertising and product improvement methods to develop and retain our buyer base.”
Chainalysis Enterprise Information is delivered as an information feed that may be simply built-in into clients’ information warehouses. It could possibly then enrich present datasets to derive deeper insights into their customers’ behaviors. Chainalysis additionally provides professional providers from information scientists to help clients in integration and evaluation. Enterprise Information is now usually obtainable as a subscription providing.
Chainalysis not too long ago closed its Sequence D funding, elevating $100 million with a greater than $2 billion valuation. Chainalysis serves as a strategic accomplice to monetary establishments, governments, and cryptocurrency companies around the globe, offering information, software program, and experience on subtle cryptocurrency crime and cash laundering ways, methods, and procedures.
ABOUT CHAINALYSIS
Chainalysis is the blockchain evaluation firm. We offer information, software program, providers, and analysis to authorities companies, exchanges, monetary establishments, and insurance coverage and cybersecurity corporations in over 60 international locations. Our information platform powers investigation, compliance, and danger administration instruments which were used to resolve a few of the world’s most high-profile cyber prison instances and develop shopper entry to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Paradigm, Ribbit, and different main names in enterprise capital, Chainalysis builds belief in blockchains to advertise extra monetary freedom with much less danger. For extra data, go to www.chainalysis.com.
SOURCE Chainalysis, Inc.
