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Robinhood partners with Chainalysis ahead of crypto wallet launch -Breaking

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Chainalysis is a Blockchain Analytics firm. Robinhood (NASDAQ 🙂 will collaborate with Chainalysis to supply data and tools for trading ahead of Robinhood’s crypto wallet launch.

Chainalysis revealed Monday that it had formed an integrated partnership with Robinhood Crypto to help meet regulatory requirements before the launch its cryptocurrency wallet. It is scheduled for release in 2022. According to Robinhood, the platform will adopt Chainalysis’ Know Your Transaction, the firm’s monitoring compliance solution, in addition to Chainalysis Reactor, its investigations software. The trading app also said its teams would be using Chainalysis’ certification programs to achieve compliance.