Chainalysis proposes $10 million Polkadot partnership to provide analytics solutions

Chainalysis proposes $10 million Polkadot partnership to provide analytics solutions
фото показано с : cryptoslate.com

2024-4-20 02:17

Chanalysis submitted a Polkadot governance proposal on April 18 that could lead to a $10 million partnership.

The services provided by Chainalysis will include monitoring and tracing the DOT token activities on the Relay Chain, ensuring visibility of any potentially risky on-chain actions to regulators and institutional entities. This approach is aimed at maintaining a good standing with regulatory bodies and fostering a risk-aware environment.

Furthermore, Chainalysis will offer on-chain intelligence solutions to meet institutional requirements related to the listing of the DOT token, covering aspects such as investigations, compliance, and growth use cases.

The partnership would also include plans to engage in joint events, announcements, and case studies to promote the collaboration and highlight Chainalysis’s role in supporting Polkadot’s compliance framework.

The partnership would additionally offer on-chain intelligence to authorized institutional clients to support DOT token listings. The two companies would also collaborate in various areas to promote the compliance partnership.

Little early support

Chainalysis’ proposal requests 1,000,000 of Polkadot’s DOT tokens or the equivalent value in US dollars (currently $6.82 million) for a three-year agreement. Chainalysis proposed the plan and will be the beneficiary if the plan succeeds.

So far, the proposal has received little support from members of the Pokadot community. A Polkadot ambassador with the handle Georgi_PS initially funded the proposal with a 400 DOT deposit. Since then, 11 voters have used 36,350 DOT to vote against the plan.

If the proposal succeeds, it could provide particular benefits. The proposal states that the Polkadot community aims to use Chainalysis software to improve market capitalization, market share, adoption, and popularity among institutions. It would also prevent fines and reputational damage resulting from regulatory issues.

Voting is scheduled to conclude by a May 16 deadline.

The post Chainalysis proposes $10 million Polkadot partnership to provide analytics solutions appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Polkadot [IOU] (DOT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.28 %, 7d: -19.29 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 DOT

chainalysis partnership polkadot million chain relay dot

Источник: cryptoslate.com

chainalysis partnership → Результатов: 22


Auditing Giant, KPMG & CoinMetrics Launch Service to Monitor Risk for BitGo Institutional Clients

Announced on Thursday, the partnership among the three firms aims to enhance institutional investment in crypto via a “deeply integrated combined offering. ” The offering consists of BitGo’s custodial service, Chainalysis data, and intelligence on blockchains and KPMG’s Chain Fusion, which offers crypto asset management tools to institutional investors.

2021-2-19 19:15


Chainalysis and Paxful Set Compliance Standard for Peer-to-Peer Exchanges

Blockchain analysis company Chainalysis has announced a partnership with Paxful to boost the Bitcoin marketplace’s KYC compliance efforts. Chainalysis’ Dim View of P2P Exchanges  For Chainalysis, peer-to-peer (P2P) cryptocurrency exchanges...The post Chainalysis and Paxful Set Compliance Standard for Peer-to-Peer Exchanges appeared first on Crypto Briefing.

2020-3-24 16:00


Фото:

Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’

Blockchain analysis company, Chainalysis, will provide crypto exchange CornField with its Know-Your-Transaction (KYT) software, in a partnership announced yesterday. Chainalysis Extends its Reach CoinField will use the KYT software to identify high-risk cryptocurrency transactions in real time, receiving in-depth insights into the origins of each.

2020-2-22 19:00


Binance exchange implements compliance tools from Chainalysis

Crypto exchange Binance is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced on Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to monitor cryptocurrency transactions in real-time. In particular, the tool will […]

2018-10-22 18:56


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

HSBC to launch custody service for tokenized securities

Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm.

Polygon adds Google Cloud to its validator set

Polygon Labs announced on Sept. 29 that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Network. Polygon said in its statement that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network that originally operated under the name Matic Network and which […] The post Polygon adds Google Cloud to its validator set appeared first on CryptoSlate.

Pudgy Penguins strikes major IP and merchandising deal with Walmart

Pudgy Penguins  has announced a merchandising deal with retail giant Walmart that will introduce its IP to the megastore’s shelves in over 2,000 stores. The Pudgy Toys—plush collectibles that will now be sold alongside legacy brands in Walmart’s brick-and-mortar stores—will offer access Pudgy World, a digital social experience on zkSync Era.

Citigroup launches Citi Token Services for institutional clients

Citigroup has launched the pilot of its Citi Token Services, a new platform aimed at bolstering cash management and trade finance mechanisms. The company announced in a press release that the service leverages blockchain and smart contract technologies to provide innovative digital asset solutions for institutional clients.