Coinbase buys blockchain intelligence startup to boost security and new asset discovery

TechCrunch | 2/19/2019 | Staff
ali11 (Posted by) Level 3
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Coinbase, the world’s most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition.

We already know the firm wants to a glut of new crypto assets, but today it announced it has snapped up blockchain intelligence startup Neutrino in an undisclosed deal that seemed destined to help further that goal.

Italy - Neutrino - Blockchain - Networks - Crypto

Based in Italy, Neutrino helps map blockchain networks, and in particular crypto token transactions, to pull in information and insight. With the rise of thefts, that includes a major focus on services for law enforcement agencies to track stolen digital assets while it also includes tracking ransomware and analyzing ‘darknets.’ Other solutions include tracking services for investment and finance companies to help find rising tokens and assets, an area Coinbase could clearly capitalize on as it goes after security token offerings.

The company and its eight staff will relocate to Coinbase’s London office from where they will continue to service clients whilst becoming part of the Coinbase business. Initially, the startup’s primary remit will be security and theft-prevention but...
(Excerpt) Read more at: TechCrunch
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