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Blockchain Firm Adds Susquehanna’s Digital Assets Head to Board

Sept. 28, 2021, 1:00 PM

Predictive blockchain analytics firm Merkle Science, which is expanding in the U.S., said it completed an initial fundraising round and named Susquehanna International Group’s head of digital assets investment to its board.

Merkle -- which helps crypto companies, financial institutions and government entities detect, investigate, and prevent illegal activities involving cryptocurrencies -- sees the emergence of decentralized finance or DeFi and increased institutionalization as major opportunities for growth, co-founder and Chief Executive Officer Mriganka Pattnaik said in an email. Implementation of the Financial Action Task Force (FATF) Travel Rule, which is meant to prevent money laundering, is also such an ...