Chainanalysis, the blockchain forensics firm is opening its new office in Australia
World’s leading crypto and blockchain analysis firm Chainanalysis is now going to open their first and foremost office in Canberra, Australia.
The cryptocurrency industry in 2021 has seen an enormous boom, but blockchain analytic firms such as Chainanalysis have taken the popularity one step further. The cryptocurrency and blockchain market is already growing in several regions, including Oceania and Southern Asia.
Chainanalysis has partnered with the Commonwealth Bank to provide their services with 6.5 million users. This blockchain research data platform was established by Michael Gronager and Jonathan Levin back in 2014. The market value of the firm in June amounted to US 4.2 billion dollars.
According to the firm’s own report published in 2021, the region of southern Asia and Oceania are the fourth largest cryptocurrency market in the world. The Asia Pacific region is rapidly becoming one of the leading crypto markets in the world.
The company’s managing director for the Asia-Pacific region, Ulisse Dell’Orto, has added that Chainalysis’s data platform would assist in strengthening the trust that is necessary for further legitimizing cryptocurrency “as an everyday asset for retail and institutional investors alike.”