Matrixport Partners with Chainalysis

Matrixport partners with Chainalysis banner

In efforts to better collaborate with top-tier banks, family offices and other financial institutions, Matrixport leverages Chainalysis’ transaction monitoring and AML tools for continuous transaction monitoring across all cryptocurrency assets.

Matrixport announced today that it is utilizing Chainalysis’ blockchain data platform as part of the digital assets financial services platform’s efforts to enhance its compliance capabilities, support anti-fraud protocols and monitor risk.

Matrixport strives to achieve the highest standards of compliance within the digital asset ecosystem, and is utilising Chainalysis’ industry leading solutions as part of the firm’s commitment to building trust and transparency across its digital assets financial services, including Cactus Custody™, spot OTC, fixed income, structured products, asset management and digital prime brokerage.

Christopher Liu, Chief Compliance Officer at Matrixport, said “Compliance is a cornerstone of Matrixport’s robust institutional risk management framework. We are committed to implementing the highest standards and Chainalysis holds the industry benchmark for compliance within the digital asset ecosystem with their cryptocurrency compliance suite. By harnessing Chainalysis’ blockchain intelligence and real-time transaction monitoring capabilities, we are enabled with best-in-class controls to protect and provide our clients with secure, transparent and efficient digital asset services.”

Chainalysis’ compliance suite, including its KYT (Know Your Transaction) solution and AML (Anti-Money Laundering) tools, provides Matrixport with continuous, real-time transaction monitoring for all cryptocurrency assets to detect patterns of high-risk activity and deeper due diligence into suspicious activities.

Joshua Foo, Regional Director, ASEAN and Central Asia, Chainalysis, commented: “We are excited to collaborate with Matrixport and enable their team to launch their cryptocurrency offerings with high regulatory compliance standards in place. We look forward to working closely with Matrixport to build a stronger trust in blockchain and cryptocurrency, and provide a safer environment for their customers.”

About Matrixport

Matrixport is one of the world’s largest and most trusted digital assets financial services ecosystem. The company’s services include prime brokerage, Cactus Custody™, spot OTC, fixed income, structured products, lending as well as asset management. Matrixport serves individuals as well as over 800 institutions across Asia and Europe.

About Chainalysis

Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that have been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, GIC, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk.