Chainalysis: Raises $100 million
- Chainalysis offers cryptocurrency investigation and compliance solutions to global law enforcement agencies, regulators
- Announced it secured a $100 million Series E financing led by Coatue, bringing its valuation to $4.2 billion
- Previous investors Benchmark, Accel, Addition, Dragoneer, Durable Capital Partners, and 9Yards Capital increased their investment in the company
- The company is known for building trust in the cryptocurrency industry as the leading provider of investigations
- As cryptocurrency becomes more mainstream, financial institutions are experiencing an unprecedented demand for it
- Blockchain data is the asset that can help public and private sector organizations understand the risks
