In Forbes called the next potential “unicorn” from the cryptocurrency industry

In Forbes called the next potential “unicorn” from the cryptocurrency industry

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The American edition of Forbes has compiled a rating of 25 promising startups, the capitalization of which in the near future could reach $ 1 billion. Among the potential “unicorns” was one cryptocurrency company, namely Chainalysis.

American Forbes presented an annual ranking of promising startups. In the near future, the valuation of these companies could grow to $ 1 billion

Chainalysis has an ambiguous reputation in the cryptocurrency community because an analyst firm develops transaction tracking software in public blockchains and sells it to government departments, including tax services.

So, many supporters of cipherpunk ideas consider the company to be the enemy of privacy, but it is worth noting that many of the company’s research help to better understand the mechanisms of functioning of the largest blockchains and the overall situation in the cryptocurrency market.

The startup also develops special software for Bitcoin exchanges to combat money laundering and probably helps them track funds stolen from hacking.

To date, Chainalysis has already managed to raise $ 53 million from Accel Partners, Benchmark and other investors. In 2018, the company’s revenue was $ 8 million.

Recall that the first “unicorn” of the Bitcoin industry was the company Coinbase. It happened in the summer of 2017. Since then, her investment grade has increased eight times.

It is believed that the club of three commas also includes Ripple, Bitmain, Circle and Robinhood.

In Forbes called the next potential “unicorn” from the cryptocurrency industry

 

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