Free stocks and money too!

Chainalysis reportedly set to raise $100m at unicorn valuation

Chainalysis reportedly set to raise $100m at unicorn valuation

Blockchain analytics firm Chainalysis is reportedly on the cusp of raising $100 million at a $1 billion valuation, affording to the startup unicorn status.

The details of the Series C funding round and valuation were reported by Forbes on Friday afternoon. Venture firm Addition is said to be leading the round, with participation from existing investors such as Accel, Ribbit Capital and Benchmark Capital. 

Forbes reports that the deal “has been signed by all the counterparties and is awaiting final paperwork.”

The Block reached out to Chainalysis for comment and will update this story should we hear back.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Go to Source
Author: Michael McSweeney