Chainalysis Adds Bitcoin To Balance Sheet

Blockchain tracing platform Chainalysis announced today the execution of a bitcoin purchase through NYDIG for the firm’s balance sheet, marking an advancement of a long-standing partnership between the two companies. Despite the bullish purchase, Chainalysis is still a surveillance company acting in self-interests and against the Bitcoin ethos.

“Our expanding partnership with Chainalysis is a mutually beneficial relationship,” said Nate Conrad, NYDIG’s Head of Asset Management, in the announcement. “We are happy that they trusted our platform to safeguard their assets.”