Chainalysis

“Cryptocurrency tracing played a pivotal role in attributing illicit activity to a specific individual… we uncovered patterns and identified the exchanges used by the threat actor to convert illicit gains into usable funds.””

“The great thing about Chainalysis and Wirex’s partnership is that together we can shape the industry. And the reason why we use Chainalysis is very simple. Chainalysis is just the best.””

“Chainalysis is giving us the ability to do business that we weren’t able to do before.””

“This unique ability of Chainalysis to be a multi-sided platform and work with different parties within the ecosystem turned out to be very successful for us.””

“We are moving up the value chain as our partners build their solutions atop ours, allowing their businesses to grow along with ours. In all cases, we need those services to be really safe for both our partners and the ultimate customers we and they are serving. We communicate trust also by using Chainalysis”

“We are compliant not only because we have to be, but also because we want to be. Chainalysis is integral in enabling that environment.”

“This is a new sector and a lot of expertise is still being built. Chainalysis is a gateway into that world and a big part of our business process today and going forward.””

““Chainalysis is the cornerstone of our compliance strategy. Their software has enabled us to make intelligent decisions and ensure regulatory adherence, setting us apart as leaders in the industry.””

“There have been a lot of new competitors emerging on the market, but Chainalysis has always been one step ahead, and their database and data intelligence and accuracy are really what made us stick with Chainalysis.””

“We see Chainalysis as a perfect partner for the future of Web3 security.”

“Before anybody acts, Chainalysis has already given us the data that we need to make sure that we are going to stay compliant at all times.”

“We chose Chainalysis due to them being the best of breed in coverage of data and forensic investigation tooling. Chainalysis has been a huge game-changer for us.”

“People know Chainalysis is the industry standard—government bodies and top exchanges are using Chainalysis. Therefore, when we just mention our partnership with Chainalysis, people know we’re operating at a high level of quality.””

“Chainalysis was the partner we needed to expand on our expertise in AML and crypto compliance, and bring a new level of security to the crypto space.”

“The investigative experience is just incredible. It makes it so easy for us to not only visualize the flow of funds, but also dig into it and see whether there were swaps of assets and it’s life-changing when it comes to the efficiency of investigations.”

“Having Chainalysis as Pintu’s partner is helpful for us to gain competitive advantage in terms of being a proactive crypto company in Indonesia, to comply with the regulators and combat bad actors from entering our platforms.””

“We chose Chainalysis due to them being the best of breed in coverage of data and forensic investigation tooling. Chainalysis has been a huge game-changer for us. Having a strong compliance program, enabled by Chainalysis, helps steer the company in the right direction. There’s a lot of risks, especially in the crypto industry. We want to use our compliance program to guide Paxful and help bring finance to the rest of the world.””

“We built a custom tool utilizing Chainalysis where we’re able to block transactions outside of our risk appetite. With this logic, we’ve seen a 50-60% decline in fraud shop exposure based on week-by-week data from 2019 to 2020. When you look at the data right around January 2020, you can start seeing the decline of our average weekly exposure to fraud dropping by about 50-60%. It’s an effective control to help us improve our entire program.”

“Our risk exposure has declined significantly through our use of Chainalysis. We are now on par with the top 50 exchanges.”

“We realized Chainalysis provided the most support of crypto assets listed in the market, and personalized technical assistance to quickly implement new assets or features.”

“We have been creating protocols and we’ve been adopting the highest standard, especially that the banks have, in order to comply with these regulations because we know that the institutional banks will be our future customers,”

“It’s very important for us to have reliability in the data in order to build a report, knowing that what we’re presenting is absolutely true before we deliver it to the supervisor,” says Palacios Rojo. He explained this wasn’t always the case when using other tools, when regulators would question the source of the data.”

“Chainalysis is incredibly fast in updating OFAC’s sanctioned wallets and proactive in sharing reports, webinars, and hosting events that bring the most relevant players to discuss the latest regulation and issues concerning the financial industry.”

“It’s crucial for banks to understand the risks they’re facing in providing crypto custody services to customers at the user, wallet, and blockchain level, as well as the assets being traded,” said Enrique Palacios Rojo, Chief Compliance Officer at Onyze. “We didn’t have support for the assets we wanted and it took months for the solution provider to implement those.”

“Based on our experience and after having used some other blockchain analysis tools, Chainalysis is the best in the market when it comes to complying with regulation.””