Blockchain Analytics Firm Chainalysis Nabs $4.2 Billion Valuation After Third $100 Million Funding Round In Seven Months - News Summed Up

Blockchain Analytics Firm Chainalysis Nabs $4.2 Billion Valuation After Third $100 Million Funding Round In Seven Months


gettyBlockchain analysis company Chainalysis, a member of the 2021 Forbes Fintech 50, has secured a $4.2 billion valuation after completing its third $100 million funding round in the past seven months, bringing its total capital raised to $365 million. In November 2020, Chainalysis raised $100 million and was valued at over $1 billion. In March 2021, Chainalysis raised the same amount, again boosting its valuation to over $2 billion. "The future of finance and national security will be based on blockchain data-driven decisions," Co-founder and CEO of Chainalysis Michael Gronager said. Customers will also soon be granted direct access to Chainalysis’ databases through APIs so that clients can combine its data with information held within client’s internal systems, according to Chainalysis.


Source: Forbes June 24, 2021 21:22 UTC



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