Introducing new compliance and risk management solutions to Crypto.org’s security infrastructure
Following the announcement of Crypto.org Chain launching on March 25, 2021, we are pleased to share that we have partnered with Chainalysis, the leader in blockchain analytics. The partnership will bolster the security of the Crypto.org network, leveraging Chainalysis’s industry-leading compliance and risk management software designed to monitor and investigate cybercriminal activity on blockchains.
Chainalysis will support the integration of the CRO token on Crypto.org Chain, providing real-time and on-chain monitoring solutions. In particular, Chainalysis KYT (Know Your Transaction) software combines industry-leading blockchain intelligence, an easy-to-use interface, and a real-time API to reduce manual compliance workflows, further helping cryptocurrency businesses comply with both local and global regulations.
Antonio Alvarez, Chief Compliance Officer of Crypto.com said: “Keeping user accounts and assets safe has always been a top priority for Crypto.com. We’re proud to partner with Chainalysis – together we will identify high-risk attack points implementing best practices through improvements in innovative technology. ”
“Crypto.com is an industry leader in the cryptocurrency space and we’re excited to offer them our compliance and investigative products,” said Ulisse Dellorto, Managing Director, APAC, at Chainalysis. “Through strategic support, we’ll ensure the company has the tools to grow steadily, safely, and aligned with regulatory guidance.”
Chainalysis is the blockchain analysis company. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 50 countries. Our data platform powers investigation, compliance, and risk management tools that have been used to solve some of the world’s most high-profile cyber criminal cases and grow consumer access to cryptocurrency safely.