The undisclosed investment was made by Cogint’s wholly-owned subsidiary, Red Violet Blockchain and Analytical Solutions.
The company acquired a less than 5% interest in Dragonchain.
Led by Founder and CEO Joe Roets, Dragonchain simplifies the integration of real business applications on a blockchain and provides integration, business data and operations protection, currency agnosticism, and multi-currency support features.
The company also provides professional services to build-out development and tokenization ecosystems utilizing an incubation model.
cogint recently announced a collaboration with Dragonchain in implementing Red Violet solutions, including asset tracking, identity verification, fraud prevention, and transaction security with the Dragonchain blockchain platform. The goal of the collaboration is to integrate mission-critical business applications with the Dragonchain blockchain platform to allow businesses of all kinds to adopt it for their daily business functions.