Blockchain analytics firm Chainalysis has announced a strategic partnership with the Sui Foundation to improve compliance and security within the Sui ecosystem. This collaboration aims to integrate Chainalysis’s advanced intelligence capabilities with data from the Sui Guardian program, providing enhanced monitoring of on-chain activity and the detection of illicit behaviors.
As part of the partnership, Chainalysis’s customers, including prominent cryptocurrency exchanges, will gain deeper insights into Sui transactions. This will strengthen risk assessments and increase the overall reliability of the Sui ecosystem, supporting compliance efforts across the board.
The partnership highlights Chainalysis’s ongoing commitment to the Sui Network, with plans to expand its compliance and investigation tools to offer even more comprehensive solutions for monitoring and securing blockchain activities.
This collaboration comes at a time when there is an increasing demand for transparency and trust within blockchain networks. The Sui Foundation has consistently prioritized creating a secure environment for both users and developers within its ecosystem.
In addition, Chainalysis recently acquired AI fraud detection startup Alterya for $150 million, a move aimed at further strengthening its security offerings. Alterya’s AI-driven system is designed to identify scammers before they can target victims, and it has been working with major platforms like Binance and Coinbase to monitor transactions worth over $8 billion and serve more than 100 million users.
Related topics:
Bitfinex Derivatives Receives DASP License in El Salvador, Expands Latin American Presence
Dogecoin Whales Accumulate 140 Million DOGE, Fueling 30% Price Surge Predictions