Data firm Chainalysis raises $170 million in Series F round

Data firm Chainalysis raises $170 million in Series F round
Photo by Maxim Hopman / Unsplash

Chainalysis, a blockchain analytics and crypto investigation company has raised $170 million in its Series F funding round and is now valued at $8.6 billion.

  • Chainalysis is a software-as-a-service (SaaS) company helping governments and private firms track illicit crypto flows on transparent public blockchains.
  • The firm claims it currently monitors $1 trillion worth of transactions monthly and plans to expand its services to Europe, Asia Pacific and South America.
  • The funding round was led by GIC, a Singaporean sovereign wealth fund with participation from Accel, Blackstone (BX), Dragoneer, and Bank of New York Mellon (BK).