Aiming to elevate security and transparency in digital asset management, CiNKO partners with Chainalysis, the world's leading blockchain data platform.

CiNKO has emerged as a pioneer in the world of digital finance, offering cutting-edge solutions that enable people across Latin America to effortlessly participate in the digital economy and manage their financial transactions. The collaboration with Chainalysis represents a significant step towards strengthening risk management and adherence to evolving regulatory standards in a rapidly growing global digital financial services industry.

Chainalysis has gained widespread recognition for its sophisticated blockchain analytics and compliance solutions, providing information on cryptocurrency transactions across various platforms. Its expertise in tracking and analyzing blockchain activity has been instrumental for government agencies, digital asset companies and financial institutions around the world.

With Chainalysis, CiNKO will proactively detect and prevent illicit activities on the blockchain, such as money laundering, fraud and other nefarious financial activities that can pose risks to users and the financial ecosystem. Chainalysis KYT (Know Your Transaction) combines blockchain intelligence, an easy-to-use interface and a real-time API to reduce manual workflows, improve cryptocurrency compliance and securely interface with emerging technologies such as decentralized finance (DeFi).

"The mission of the CiNKO wallet is to provide a secure and reliable digital payment services environment for the unbanked and underbanked," says Richard Douglas, co-founder and CEO of CiNKO.

"By leveraging Chainalysis' solutions, we are taking significant steps to provide a seamless, secure and compliant experience for our customers."

"We are delighted to support CiNKO in its mission to provide cryptocurrency offerings with high standards of regulatory compliance in place. We look forward to working closely with CiNKO to build trust in blockchain and cryptocurrencies, and provide a more secure environment for their customers," says Javier Carrion, VP Latin America, Chainalysis.

Collaborating with Chainalysis will also provide CiNKO with access to cryptocurrency-related data, market trends and user behavior, which can help the company make informed decisions and stay ahead of the rapidly evolving cryptocurrency landscape.