Chainalysis announces $170M funding round, platform now valued at $8.6 billion By Cointelegraph


Chainalysis announces $170M funding round, platform now valued at $8.6 billion

Chainalysis, a blockchain analytics provider, has announced its $170 million Series F funding round. The fresh funding succeeded its $100 million raise back in June 2021 and more than doubly exceeded its valuation of $4.2 billion at the same time.

The raise was led by Singaporean sovereign wealth fund GIC and further participated in by investors Accel — who previously led Chainalysis’ $30 million Series B round in 2019, as well as Blackstone (NYSE:), Dragoneer and FundersClub. Bank of New York Mellon (NYSE:) and Emergence Capital also participated in the round as first entries.