New York-based blockchain analytics firm Chainalysis is launching a major partnership program to expand its operations and broaden its intelligence capabilities.

As i of the highest-profile analytics firms in the blockchain intelligence industry, Chainalysis develops investigative tools that enable firms, governments and police enforcement agencies to monitor blockchain transactions and rail suspected illicit activities.

Speaking to Cointelegraph on Apr 9, Chainalysis primary revenue officer Jason Bonds explained that the programme would be dedicated to collaborations with several categories of partners.

The first, primal crypto infrastructure providers, will help Chainalysis and the wider manufacture to "broaden cryptocurrency transaction monitoring via simpler integrations." The house will seek to partner with firms specializing in compliance in gild to integrate their offerings for clients.

Second, Chainalysis is seeking new distribution partners in several of its existing markets besides equally farther afield. Bonds identified two such partners — Carahsoft, an Information technology provider working with federal and land institutions in the United states, and Singapore-based cybersecurity business firm K.Tech in the Asia Pacific (APAC) region.

The partnership programme, Bonds said, "is global and nosotros already have partners in the Americas, EMEA, and APAC."

3rd, Chainalysis volition expect to broaden its ain intelligence capabilities past partnering with information providers. These could include specialists in ransomware, bolstering Chainalysis' labeling of doubtable addresses. Thousand.Tech's chief financial officer Rayson Lim stated:

"In the APAC marketplace, we are noticing increased need from police enforcement for cryptocurrency investigative software. Our partnership with a top tier visitor like Chainalysis will help fill up this demand."

Further information on the program, including a partner directory, volition exist made publicly available in the coming weeks.

Identifying trends

Alongside its work on blockchain intelligence, Chainalysis conducts regular enquiry into the crypto sector. Most recently, the house published the results of its assay of changing Bitcoin (BTC) consumer habits during the COVID-xix pandemic and global economical downturn.

In a webinar last month, Chainalysis shared data revealing that only i.one% of over $1 trillion in cryptocurrency transactions in 2022 were found to be illicit.