Why Investors Are Betting Millions On Bitcoin Surveillance

Tracking the myriad cryptocurrencies as they ping around the world en masse every day is no simple task. Ask 27-year-old British entrepreneur Jonathan Levin, co-founder and chief operating officer of Chainalysis, one of the hottest companies in the burgeoning business of digital currency tracking. In its early days, in 2014, Chainalysis would do its best to retroactively monitor transactions and follow the money of nefarious types on the blockchain, largely for the benefit of U.S. government investigators hunting fraudsters and launderers.

Now Levin sees multi-billion dollar financial institutions who want to instantly know who they’re dealing with when interacting with millions of cryptocurrency owners every day.

Source: forbes.com