Case Study: LINE Xenesis secures blockchain transactions and prevents illicit activity with Chainalysis

LINE delivers safe and secure blockchain services

LINE Xenesis, the blockchain and cryptocurrency subsidiary of LINE, needed to strengthen transaction monitoring and reduce exposure to illicit, fraudulent activity as its crypto services grew. To support its compliance and user-safety goals, LINE Xenesis turned to Chainalysis and deployed Chainalysis Reactor and KYT.

Chainalysis provided real-time transaction monitoring and investigation tools backed by blockchain intelligence, helping LINE Xenesis detect risky activity, support AML compliance, and protect user assets. The company said Chainalysis’ data quality, training, and collaborative support improved its monitoring and analysis capabilities, enabling faster, more flexible responses to illicit fund transfers and reinforcing LINE Xenesis’ position as a trusted financial service provider.

LINE

Hisayo Sato

Head Of Money Laundering And Terrorism Financing /proliferation Financing Provision Office