Blockchain forensics startup Chainalysis raises $100 million at $2 billion valuation


FILE PHOTO: The logo of Chainalysis is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali, Malta October 3, 2019. REUTERS/Darrin Zammit Lupi

LONDON (Reuters) - New York-based Chainalysis, a startup that allows companies and government agencies to analyse and investigate blockchain transactions, said on Friday it had raised $100 million from investors at a valuation of more than $2 billion.

The round was led by investment firm Paradigm, with participation from existing backers Addition, Ribbit and TIME Ventures, Chainalysis said.

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