Matter Labs, one of the contributors to Ethereum-based, zero-knowledge Layer 2 rollup ZKsync, will utilize Lukka’s, leading global blockchain data solution, for blockchain analytics and anti-money laundering (AML) compliance.
Matter Labs developed and supports the ZKsync blockchain, based on Ethereum, that enables fully encrypted asset transfers between blockchain networks.
“We are pleased to have Lukka as a blockchain analytics provider for Matter Labs,” said Bayo Akins, BD Infrastructure Lead at Matter Labs. “Using Lukka underscores our dedication to fostering a secure and compliant environment for our users, further solidifying Matter Labs as a company that is setting the standard for security and transparency.”
Matter Labs will use Lukka Blockchain Analytics, a web-based Software as a Service (SaaS) product, to provide comprehensive AML monitoring and risk assessment capabilities, continuously analyzing existing on-chain and off-chain data to identify fraudulent or criminal activity. Lukka Blockchain Analytics will also allow Matter Labs to be able to track high-risk transactions and it provides features to assess the risk of wallets connected to ZKsync.
Matter Labs’ utilizing Lukka as a blockchain analytics provider continues the blockchain industry’s efforts to align with global regulatory standards. As the crypto space continues to mature, the adoption of advanced compliance solutions by leading platforms like ZKsync will be crucial in building trust and fostering mainstream adoption of blockchain technology.
About Matter Labs
Matter Labs is on a mission to bring the world on-chain to expand personal freedoms, unleash creativity and innovation, leading to greater progress and prosperity worldwide. It is the inventor of and core contributor to ZKsync, a layer 2 protocol that scales Ethereum while preserving its core tenets.
About Lukka
Founded in 2014, Lukka serves the most risk-mature businesses in the world with enterprise data and software solutions. As a global team, headquartered in the United States, Lukka solves financial, risk, compliance, and trade finance use cases that are complicated by the characteristics of blockchain data.
Lukka’s data and software products are award winning, audited independently, and created to exceed institutional standards, such as those issued by the AICPA, ISO, IOSCO, and other trusted organizations, that focus on data quality, financial calculation accuracy & completeness, and managing technology operational risks. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.
Our global team looks forward to partnering with you to solve your data challenges.