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Chainalysis Integrates X Layer to Enhance Blockchain Analytics
Chainalysis has successfully completed its integration with X Layer, a zero-knowledge Ethereum Layer 2 protocol built on Polygon. This strategic move is expected to significantly enhance the company’s blockchain analytics capabilities and provide users with more comprehensive support across its range of products.
The integration allows Chainalysis to offer automated token support for new fungible and non-fungible tokens deployed on X Layer, as long as they comply with ERC-20, 721, or 1155 standards. This addition is designed to enable users to manage risk effectively in the fast-evolving crypto landscape.
By integrating X Layer, Chainalysis aims to equip its clients with advanced tools to address activity on this innovative platform from multiple perspectives. This development underscores the company’s commitment to adapting to emerging networks and technologies.
The integration of X Layer will also broaden the scope for users to track and analyze a wider array of digital assets. This is expected to significantly enhance risk management, providing Chainalysis customers with a more comprehensive view of their digital assets.
It’s worth noting that X Layer’s development was spearheaded by OKX in collaboration with Polygon Labs, emphasizing its potential to have a significant impact on the Ethereum ecosystem.
Source: Blockchain.News
