MoonPay Scales Compliance Operations with Chainalysis and Unit21 Partnership
As widespread crypto adoption continues to speed up, MoonPay, the worldwide chief in crypto funds with over 30 million customers and 500 companions, has scaled quickly throughout the US, UK, EU, Canada, and different jurisdictions to satisfy rising demand worldwide. This enlargement created a chance to evolve methods to help rising operational complexity, rising alert volumes, evolving regulatory expectations, and extra subtle on-chain exercise.
“As volumes grew, we wanted a single place for intelligence, alerting, and case work — one thing versatile sufficient that our wants dictated the workflow, not the software program,” recollects Brian Higdon, Senior Director of Financial Crime Compliance and Technology at MoonPay. To help this subsequent section of progress, MoonPay partnered with Chainalysis and leveraged its integration with Unit21 to construct a single, streamlined atmosphere for investigations and case administration, one which mixed tightly built-in workflows with industry-leading blockchain intelligence and alerts from KYT.
What Chainalysis and Unit21 carry to the desk collectively
At the core of this collaboration is the direct stream of Chainalysis’ blockchain intelligence and KYT alert information into Unit21’s case administration platform. Where investigators beforehand needed to change between instruments to handle alerts, analyze wallets, and doc findings, they will now full their whole compliance and investigative lifecycle in a single place. Blockchain intelligence is now not an exterior reference level; it’s a important enter embedded into each case and suspicious exercise report.
With Chainalysis intelligence and KYT information flowing immediately into Unit21, MoonPay’s groups can effectively eat alerts, display wallets, and evaluation each fiat and crypto actions in actual time, all with out slowing down or compromising investigative rigor.
Higdon described the mixing as “a extremely strategic effort centered on greater than merely connecting two methods,” with the aim of enabling Chainalysis and Unit21 to function as a single, cohesive compliance engine. By leveraging the Chainalysis KYT endpoint’s full learn/write capabilities, groups can work alerts externally by way of API. As a outcome, investigators can transfer fluidly from alert to evaluation to decision from one place, assured that each the underlying workflows and the intelligence powering them are aligned reasonably than stitched collectively.
Why information high quality issues at scale
While built-in workflows enhance velocity and effectivity, Higdon emphasised that the standard underlying intelligence is simply as important. Reliable, complete blockchain information ensures that choices stay defensible and actionable. “In selecting to companion with Chainalysis, it was clear they’re a pacesetter in producing wealthy blockchain intelligence,” he mentioned. “Their depth of protection and reliability permit us to help transaction monitoring throughout all MoonPay exercise.”
Turning compliance right into a scalable and strategic progress engine
By unifying case administration workflows with trusted blockchain intelligence, MoonPay has established a extremely environment friendly compliance and investigations operation designed to scale alongside its enterprise. “Compliance isn’t a value middle at MoonPay; it’s a progress engine. With Unit21 and Chainalysis, we’re in a position to proceed scaling globally, scale back unnecessary buyer friction, and meet regulatory obligations with confidence. That basis permits us to innovate quicker and develop responsibly,” added Higdon.
In the tip, MoonPay’s partnership with Chainalysis and Unit 21 allows additional centralization of compliance workflows. Customer context, alerts, on-chain publicity evaluation, approvals, and reporting are captured in a single system, permitting investigators from cyber menace items to prioritize instances extra successfully and conduct deeper tracing in Chainalysis Reactor.
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