AnChain.AI Raises $10M in Funding

AnChain.AI, a San Francisco CA-based blockchain security company, raised $10M in funding.

The round was led by SIG Asia Investments with participation from Fin VC, Nima Capital, Hard Yaka and Amino Capital.

The company intends to use the funds to accelerate product development and recruitment across research and development, engineering, customer success and sales.

Founded in 2018 by CEO Dr. Victor Fang and COO Ben Wu, AnChain.AI provides blockchain security and regulatory compliance solutions to secure leading crypto exchanges, protocols, and DeFi worldwide.

Its technology establishes transparency, trust, and legitimacy to allow all stakeholders to interact confidently and securely with the developing digital economy and the next iteration of global technological infrastructure. The AnChain.AI platform proactively protects crypto assets by providing proprietary AI, knowledge graphs, threat intelligence and data analytics on blockchain transactions, and in-depth cryptocurrency transaction monitoring on a wide variety of public and private chains. The company also announced today that it has been awarded the multi-year SEC contract to provide a platform for deep analysis and tracing on smart contracts to support the SECs ongoing efforts to monitor risk, improve compliance and inform commission policy on digital assets and cryptocurrencies.

It serves clients in over 10 countries across the financial and enterprise industry, blockchain Virtual Asset Service Providers (VASP), public sector companies and governments.

FinSMEs

01/09/2021