Chainalysis announced opening of a representative office in Australia

by in Cryptocurrency News

Australia

In the Australian city of Canberra, the office of the leading analytical company Chainalysis, specializing in distributed ledger technology, will soon appear. An interesting fact is that the announcement of entering the Australian market coincides with the news about the beginning of cooperation between Chainalysis and the popular Commonwealth Bank. The goal of this partnership, as you know, will be the admission of 6.5 million users of the mobile application to trade digital assets.

Chainalysis is a fairly popular company in the field of modern technology. She specializes in blockchain research, making recommendations for working with distributed ledger technology and finding a variety of vulnerabilities. The company is known to have been founded by Jonathan Levin and Michael Gronagero in 2014.

According to the company’s latest research report, South Asia and Oceania are ranked 4th in the world in terms of digital asset usage. Half a trillion dollars or 14% of the value of all cryptocurrencies officially functioning from 2020 to 2021 falls on citizens living in these regions. The same document says that over the past year, the number of crypto transactions made by users of the specified region has grown by more than 7000%. Therefore, experts managed to note that Chainalysis decided to expand the territory of its activity against the background of the growing interest in cryptocurrencies among the population of Oceania.