Crypto Sleuthing Firm Chainalysis Raises $100M, This Time at $4.2B Valuation
It’s the firm’s second $100 million raise this year.
Chainalysis is adding another $100 million in venture capital as crypto’s role in ransomware becomes a mainstream concern.
The firm announced Thursday that the Series E round was led by Coatue. Chainalysis also raised $100 million in a Series D announced in March.
March’s round, led by Fred Ehrsam’s Paradigm, valued the blockchain tracking firm at $2 billion.