US fintech Firm Cross River Expands Crypto Services With Chainalysis

American fintech provider Cross River has partnered with blockchain analysis platform, Chainalysis, to expand its crypto services. Best known for providing financial services to both fintech and crypto industry, Cross river will utilize Chainalysis tools to expand its offerings to additional crypto businesses. By integrating Chainalysis’ into Cross River’s core infrastructure, crypto companies can leverage build and scale based on the regulatory expertise and compliance the crypto firm is known for. Commenting on the development, Luca Cosentino, head, digital assets, Cross River, said: “Cross River is simplifying crypto and making it accessible to all. Our partnership with Chainalysis demonstrates our commitment to innovation while prioritizing compliance and maintaining consumer trust.” #CrossRiver is bringing #crypto to the next 1 billion people, making it accessible for all! @chainalysis’ #technology wrapped into our core infrastructure will enable crypto companies to build and scale ⚡️. #NFTs #Blockchain https://t.co/ld7IeTyxoH pic.twitter.com/u9RtXToB76 — Cross River (@crossriverbank) March 23, 2022 Leveraging Chainalysis’ Risk Management Solutions Cross River was one of the early traditional firms to get into crypto by providing banking and payment solutions to exchanges, NFT marketplaces, and wallet providers. As a means to ensure safety and compliance, the company will deploy Chainalysis’ full suite of risk management ...