Chainalysis launches new crypto market intelligence site that's free to the public

Quick Take

  • Blockchain analytics firm Chainalysis has launched a free public website that aggregates on-chain data into digestible insights about the crypto markets
  • The firm hopes the site will help draw traditional asset managers and other crypto-curious investors into the market

Blockchain analytics firm Chainalysis has launched a new website, called Market Intel, that's aimed at asset managers and financial regulators interested in monitoring the health of crypto markets. 

The website, a beta version of which is now free and open to the public, will provide daily metrics on trading, demand, supply, generation, risk, and insights about how cryptocurrency is flowing between various entities and regions. The site currently tracks Bitcoin, Ethereum, Tether, Bitcoin Cash, and Litecoin. 

Market Intel is, in some ways, a response to feedback from regulators, traditional asset managers, and "just people from normal walks of life" who are not necessarily interested in Chainalysis’s more sophisticated blockchain analytics products but want more information about crypto markets, Chainalysis’s chief economist Philip Gradwell told The Block in an interview.

It’s also a more long-term play. The market for the kind of sophisticated on-chain analytics that Chainalysis specializes in is fairly narrow, Gradwell said. But perhaps if there were better information about crypto for regulator investors, they’d be more willing to enter the market — and down the road perhaps, even willing to pay for the kind of information that Market Intel provides for free.