Blockchain Analytics Firm Chainalysis Joins Forces With Deloitte

• Chainalysis announced a strategic partnership with Deloitte at a Washington D.C. conference.
• The companies’ mutual clients could benefit from Chainalysis’ blockchain analytics and Deloitte’s professional services.
• The partnership will also offer solutions to law enforcement agencies, regulators, and financial ecosystem players.

Chainalysis, a blockchain analytics company, has announced a strategic partnership with Deloitte. Deloitte is a leading global provider of professional services such as audit and assurance, consulting, financial advisory, risk advisory, tax, and related services. The announcement was made at a Chainalysis conference in Washington, D.C., on July 25.

Through this alliance, mutual clients of the duo will be able to leverage Chainalysis’ blockchain dataset and analytics software alongside Deloitte’s professional services. In other words, clients will benefit from the management of forensic, investigative, and compliance programs.

On the one hand, Chanalysis will reportedly work on Deloitte’s “blockchain and digital assets practice,” focusing on digital assets risk, analytics, investigation, anti-money laundering/know your customer (AML/KYC), and regulatory compliance. On the other, Deloitte will expand its team of trained professionals, certified in Chainalysis products for blockchain analysis and investigations.

In reference to the partnership, Deloitte’s Advisory Blockchain and Digital Asset practice lead and principal, Tim Davis said:

As digital asset adoption and proliferation continues, Deloitte is committed to advising our clients on leading thinking and approaches to risk management, analytics use, and regulatory compliance.

Davis further emphasizes that the alliance with Chanalysis demonstrates Deloitte’s commitment to the digital asset innovation ecosystem for the benefit of the clients.

The partnership will also offer solutions to law enforcement agencies, regulators, and financial ecosystem players. Thomas Stanley, president and chief revenue officer of Chainalysis, said, “We’re starting with a focus on regulators, law enforcement, and financial institutions given where they are at in their adoption of this technology and the unique overlap of our customer base.”