Transaction · Crypto / Digital Assets · 2024

Chainalysis / Hexagate 2024

Chainalysis acquired Hexagate on December 18, 2024.

Target
Hexagate
Acquirer
Chainalysis
Announced
December 18, 2024
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Chainalysis announced the acquisition of Hexagate on December 18, 2024.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Chainalysis strengthens Web3 security and compliance capabilities by integrating Hexagate's real-time threat detection and cyberattack prevention technology.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 18, 2024
Acquirer
Chainalysis (Strategic)

Frequently asked questions

When did Chainalysis announce the acquisition of Hexagate?

Chainalysis announced the acquisition of Hexagate on December 18, 2024.

What sub-sector is Hexagate in?

Hexagate is tracked in the Crypto / Digital Assets sub-sector.

Sources