BVNK and Chainalysis integrate KYT tools into Layer1 platform

BVNK has expanded its collaboration with Chainalysis to incorporate know-your-transaction (KYT) tools into its Layer1 self-custody infrastructure, enhancing security and compliance.

  • The integration allows BVNK's enterprise clients using the Layer1 platform to access Chainalysis' KYT tools directly from their dashboard.
  • Features include real-time crypto compliance intelligence, risk score reviews, address monitoring, and high-risk transaction freezing.
  • This setup supports compliance with industry regulations via a bring-your-own-key (BYOK) model.

Broader Enterprise Adoption of Digital Assets

  • North America's cryptocurrency trading volume hit $2.3 trillion between July 2024 and June 2025, comprising 26% of global transaction activity.
  • Contributing factors include favorable regulatory environments, institutional strategies, spot Bitcoin and Ethereum ETFs, and tokenized real-world assets.
  • Business adoption of digital assets peaked in 2025, driven by positive regulatory conditions and stablecoin popularity.
  • Traditional finance institutions are entering the crypto sector, exemplified by Citibank's undisclosed investment in BVNK, which was valued over $750 million.
  • Citibank is exploring a Citi-backed stablecoin and enhancing cross-border remittance capabilities.