Key Points:
- Crypto analytics firm Chainalysis acquires real-time blockchain data and infrastructure company Transpose for an undisclosed sum.
- Transpose provides access to real-time blockchain data, including swaps on decentralized exchanges and NFT sales, using APIs.
- The acquisition allows Chainalysis to meet the demands of companies building complicated data systems that rely on fast and dependable APIs for current and historical blockchain data.
Chainalysis recently acquired Transpose, a blockchain data and infrastructure company, in a deal whose details were not disclosed.
Transpose is a company that provides access to real-time blockchain data through APIs. It supports seven blockchain networks, including popular ones like Ethereum as well as newer Layer 2 networks like Scroll and Arbitrum. Transpose’s APIs give users access to information about swaps on decentralized exchanges and NFT sales, among other things.
The New York-based company boasts of clients like Chainstack, a blockchain infrastructure provider. The team at Transpose comprises individuals with experience from companies such as Morgan Stanley, Tesla, and Jump Crypto.
According to Chainalysis, the acquisition of Transpose will help it meet the demand from companies that are looking to build complex data systems based on fast and reliable APIs for current and historical blockchain data. With Transpose’s expertise in blockchain data and infrastructure, Chainalysis can expand its services and cater to a broader range of clientele.
Chainalysis is already known for its blockchain analysis tools used by crypto exchanges to stay compliant and by regulators to monitor the crypto industry. With the acquisition of Transpose, Chainalysis has expanded its capabilities and can now offer its clients a more extensive range of services.
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Source: https://news.coincu.com/191014-chainalysis-boosts-crypto-with-transpose/