Analytics firm Chainalysis announced that it has acquired Web3 security firm Hexagate, a company that specializes in detecting and mitigating real-time threats on blockchain networks. Hexagate specializes in detecting threats, including network breaches, hacker attacks, and governance risks. The security company's machine learning models monitor blockchain networks in real time, identifying suspicious patterns and unusual transactions. Hexagate clients include Coinbase and Consensys.
Chainalysis said that by acquiring Hexagate, the company will be able to provide customers with comprehensive risk management covering prevention, compliance, and remediation.