AnChain.AI raises $10M and awarded SEC contract to monitor crypto-assets

Forum 2 years ago

AnChain.AI raises $10M and awarded SEC contract to monitor crypto-assets

AnChain.AI, a blockchain safety corporate that specialize in AI-powered platforms, nowadays introduced that it raised $10 million in a Sequence A investment led through SIG Asia Investments, LLLP, an associate of Susquehanna World Staff (SIG). Fin VC, Nima Capital, Onerous Yaka, and Amino Capital additionally participated.

Additionally, AnChain.AI additionally introduced that it’s been awarded the multi-year SEC contract to supply a platform for deep research and tracing on good contracts to give a boost to the SEC in ongoing efforts to watch chance, give a boost to compliance and tell fee coverage on virtual resources and cryptocurrencies.

Based in 2018 through CEO Dr. Victor Fang and COO Ben Wu, AnChain.AI supplies blockchain safety and regulatory compliance answers to safe crypto exchanges, protocols, and DeFi for $81B in day-to-day transaction quantity. It serves purchasers in over 10 international locations around the monetary and endeavor business, blockchain Digital Asset Carrier Suppliers (VASP), public sector corporations, and governments.

AnChain.AI Platform

The AnChain.AI platform proactively protects crypto resources through offering proprietary AI, wisdom graphs, risk intelligence and knowledge analytics on blockchain transactions, and in-depth cryptocurrency transaction tracking on all kinds of private and non-private chains.

“WE’RE DEVELOPMENT PROBABLY THE MOST SAFE AND COMPLIANT INFRASTRUCTURE FOR VIRTUAL RESOURCES AND FEATURE EXPANDED OUR PROTECTION THROUGHOUT DOZENS OF RISING BLOCKCHAINS AND CRYPTOCURRENCIES TOGETHER WITH NFT, DEFI, AND SOLID CASH TO DEVELOP INTO THE MAIN BLOCKCHAIN FORENSICS AND ENTITY INTELLIGENCE SUPPLIER GLOBALLY.”
– ANCHAIN.AI CEO, DR. VICTOR FANG

With the marketplace exceeding $1 trillion in 2021, and a looming billion-dollar crypto AML drawback, call for for made over regulatory frameworks and applied sciences have by no means been extra crucial.

AnChain.AI’s gadget learning-powered forensic functions, which detected the primary Blockchain APT (BAPT) hack in historical past, is now serving to world legislation enforcement and rising govt regulatory efforts with each preventive screening, in addition to post-incident investigation.

This previous yr has observed a 400% expansion in income for AnChain.AI and its answers now seize over 98.5% of the cryptocurrency marketplace proportion, securing billions of greenbacks in day-to-day transactions throughout lots of the main exchanges through turning in real-time signals and hit upon the precursors of criminality smartly earlier than typical types of identity.

AnChain.AI will use the capital to boost up product construction and recruitment throughout analysis and construction, engineering, buyer good fortune, and gross sales.