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.
According to The Block, which first reported the information, Chainalysis President and COO Sari Granat, who joined the outfit in 2022, is performing as interim CEO.
Ten-year-old, New York-based Chainalysis rapidly developed a repute as a “crypto detective,” engaged on behalf of the U.S. authorities and company shoppers. A 12 months in the past, Chainalysis laid off barely greater than 15% of its employees of 900, with plans to focus extra squarely on authorities contracting, in line with The Block.
The outfit, whose early traders embrace Benchmark, was valued by traders 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 shopping for up secondary shares of the corporate at a valuation of $2.5 billion this previous April.