Blockchain security and analytics firm Chainalysis announced on Thursday the launch of its partnership program, which will reportedly work with key infrastructure providers to “broaden” cryptocurrency transaction monitoring through integrations, distribution partners in new global markets and data providers to strengthen Chainalysis’ crypto intelligence.
Chainalysis further explained that partners will include companies that specialize in compliance software, cryptocurrency investigations and training specialists, core banking infrastructure, and cryptocurrency wallet services. While sharing details about the program, Jason Bonds, Chief Revenue Officer, Chainalysis, stated the program will “amplify” the company’s already extensive reach across jurisdictions where it provides the investigative and compliance technology the cryptocurrency ecosystem.
“Chainalysis is dedicated to building trust in blockchains across both private and public sectors.”
The company also reported that it will launch a partner directory with more detailed information on both its technical and service-oriented partners in the coming weeks. Founded in 2014, Chainalysis offers cryptocurrency investigation and compliance solutions to global law enforcement agencies, regulators, and businesses as they work together to fight illicit cryptocurrency activity.
The launch of Chainalysis’ partnership comes just weeks after the company announced its collaboration with Paxful, a peer-to-peer (P2P) digital asset exchange. Chainalysis reported at the time that it is seeking to help Paxful with enhancing its compliance and KYC processes. A Chainalysis representative stated revealed at the time:
“Paxful, which accounts for around 25% of all P2P cryptocurrency activity, is currently the only P2P exchange Chainalysis currently works with. We are open to talking to other P2P exchanges [on a case-by-case basis].”