Chainalysis reports Bitcoin acquisition

Chainalysis, a blockchain-analytics company, has added a certain amount of bitcoin to its reserves.

This was aided by asset-management firm NYDIG. The latter will provide custodial services for Chainalysis and help with future purchases of digital gold.

\”This is Chainalysis’ first cryptocurrency purchase. And we will continue to use other digital assets as potential future investments,\” said the company’s head Michael Gronager, without specifying the cost of the purchased crypto assets.

As reported, Chainalysis’ valuation reached $4.2 billion following its latest Series E funding round. In the latest round, the company raised $100 million.

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