Solution introduction
Chainalysis KYT (Know Your Transaction) cryptocurrency compliance combines industry-leading blockchain intelligence, an easy-to-use interface, and a real-time API
It helps organizations reduce manual workflows, stay compliant with crypto regulations, and safely interact with emerging technologies such as decentralized finance (DeFi)
Chainalysis Data
Chainalysis KYT cryptocurrency compliance software is powered by the industry's best data. We map hundreds of millions of addresses to real-world entities, adding over 100 new services every week. This includes illicit services like darknet markets, scams, and ransomware, and legitimate services such as merchant services, decentralized cryptocurrency exchanges, NFT platforms, and bridges.
Identify high-risk activity
Chainalysis KYT performs continuous crypto transaction monitoring for all cryptocurrency assets. Use KYT to detect patterns of high-risk activity and prevent cryptocurrency transactions with addresses identified on OFAC’s sanction list, freeze deposits from hacks or ransomware, screen ETH accounts, and more. You can configure real-time alerts based on your organization’s AML compliance policies.
Purpose-built to empower safe access to DeFi
Use Chainalysis KYT to holistically monitor all the addresses controlled by an entity for real-time intelligence on the source or destination of their funds. KYT helps you safely make trades for crypto collectibles and non-fungible tokens (NFTs), participate in lending contracts, contribute to a liquidity protocol or vet users within yours, and more.
Integrated case management
KYT is built around a cryptocurrency compliance team’s workflow. Keep a record of every step leading to your compliance decision. Export a full audit trail to share with banks and regulators.
In-depth investigations
Build your investigation using our powerful, easy-to-use graphing interface. Trace the flow of funds through an unlimited number of “hops” and link suspicious activity to real-world entities.
Optimize alerts to expose previously unknown risks
Alert functionality in KYT is designed to generate both transfer-level alerts and alerts for whenever a user commits a behavioral pattern you define. Having a hybrid approach that uses traditional rules in conjunction with behavioral-based alerts ensures better accuracy and helps you optimize the detection of more complex patterns of activity.
