Michael Gronager, co-founder and CEO of Chainalysis, has taken a private depart of absence from the corporate. The blockchain evaluation outfit isn’t sharing why however says the event is momentary.
In keeping with The Block, which first reported the news, Chainalysis President and COO Sari Granat, who joined the outfit in 2022, is appearing as interim CEO.
Ten-year-old, New York-based Chainalysis shortly developed a repute as a “crypto detective,” engaged on behalf of the U.S. authorities and company shoppers. A yr in the past, Chainalysis laid off barely greater than 15% of its workers of 900, with plans to focus extra squarely on authorities contracting, in accordance with The Block.
The outfit, whose early buyers embody Benchmark, was valued by buyers at $8.6 billion throughout its sixth funding spherical in 2022. Crypto investor Katie Haun, who first found Chainalysis in her capability as federal prosecutor, reportedly started buying up secondary shares of the corporate at a valuation of $2.5 billion this previous April.
