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Lukka Acquires Coinfirm and Brings Audited Data to Blockchain Analytics, Compliance, and Investigations

Lukka

Lukka, a global leader in enterprise digital asset data and software solutions, proudly announces the acquisition of Coinfirm, a European leader in blockchain analytics software. This acquisition expands Lukka’s existing capabilities, which now supports a comprehensive set of on-chain analytics for compliance, AML, sanctions screening, entity due diligence and corporate investigation needs. The new combined offering uses the industry’s only audited institutional-grade datasets , at a time when confidence in data quality and accuracy has become essential.

Since 2016, Coinfirm has been at the forefront of analyzing and monitoring digital asset transactions, specializing in compliance, AML (anti-money laundering) detection and advanced blockchain analytics. Lukka’s enterprise-focused approach integrates Coinfirm’s blockchain data into its platforms with conventional financial information and maintains existing standards for reliability in the form of AICPA SOC operational risk controls. Coinfirm was a natural addition to Lukka’s existing product suite due to prior adherence to AICPA 2 SOC standards, audited by a ‘Big 4’ accounting firm.

“Our customers have made it very clear that they want data they can trust and that they have too many overlapping vendors, creating inefficiency and unnecessary costs. We have spent years doing due diligence on hundreds of companies and engaging in feedback discussions from of customers, and we selected Coinfirm very carefully.

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In the end the decision was easy: the team created is incredibly talented and the data quality is best in class. At Lukka, we know about data, and the data behind Lukka’s on-chain investigative and analytics products was the most comprehensive and of the highest quality. Lukka is a one-stop provider for every business need for crypto data,” said Robert Materazzi, CEO of Lukka.

The integration of Coinfirm’s team and products with Lukka represents not simply an expansion of services, but a strategic step towards offering an unparalleled range of on-chain and off-chain data solutions. In addition to Lukka’s business strategy, the story does not end with this acquisition. Lukka continuously evaluates opportunities to collaborate and work with excellent teams around the world.

Founded in 2014, Lukka serves the world’s most risk-prone businesses with institutional data and software solutions. As a global company, headquartered in the United States, Lukka bridges the gap between the complexity of blockchain data in a global crypto ecosystem, with traditional business and reporting requirements.

SOURCE: PRNewswire