Chainalysis and BVNK have enhanced their collaboration by incorporating Chainalysis’s transaction monitoring tools into BVNK Layer1, a self-hosted digital asset payments platform.
This upgrade aims to provide businesses utilizing BVNK Layer1 with real-time blockchain risk management capabilities as part of their regular payment operations. Companies that already possess a Chainalysis Know Your Transaction (KYT) license can now connect this service directly to BVNK Layer1 via a bring-your-own-key mechanism, enabling seamless integration.
With this setup, users can activate transaction monitoring functions through the Layer1 dashboard without necessitating additional system integrations. They are able to evaluate transaction risks, monitor wallet addresses, and respond to flagged activities within their payment management environment.
BVNK Layer1 is described as a self-hosted and self-custody payments framework for digital assets. It facilitates internal payment operations while relying on pre-built infrastructure for tasks such as wallet management, reconciliation, and blockchain connectivity.
Compliance integrated into self-hosted payment systems
Chainalysis KYT offers real-time monitoring of cryptocurrency transactions via blockchain analytics to detect activities linked with fraud, sanctions exposure, or other compliance risks. This service is utilized by various exchanges, financial institutions, and government entities to fulfill regulatory and risk management obligations.
According to Chainalysis representatives, this deeper integration aims to foster continued cooperation between the two companies, making it easier for shared customers who already depend on KYT. BVNK officials view compliance tools as an integral part of payment infrastructure rather than a supplementary element and believe that the integration helps meet regulatory needs without complicating operations.
The partnership also encompasses token monitoring via Chainalysis Sentinel for stablecoin issuers and tokenized asset providers using BVNK Layer1. Sentinel tracks token activity beyond initial issuance, including secondary market movements and wallet exposure across different risk categories. It can be integrated with KYT to provide comprehensive oversight.
