Chainalysis

“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.””

“We were able to put regulators at ease because we used best-in-class products like Chainalysis, which gave regulators comfort that we were doing everything in our power to screen on-chain transactions as well as possible.””

“Chainalysis, en una palabra, nos está dando la capacidad de hacer negocios que antes no podíamos hacer””

“The cost of compliance is high. Chainalysis enables us to have a risk-based program due to the efficiencies that the technology provides to the Compliance team.”

“With the knowledge and capabilities provided by Chainalysis, we can adjust and calibrate our operational controls, settings, and monitoring. This is key to delivering the secure, streamlined experience that our clients trust us to provide.””

“With Chainalysis, we are fortifying our services with the best-in-class tools for security and compliance, enabling clients to adapt to the evolving regulatory reporting standards and achieve sustainable growth,”

“As we continue to navigate the evolving landscape of crypto compliance, we’re confident that Chainalysis will play a crucial role in supporting our efforts and ensuring the security and integrity of our operations.”