Chainalysis, a blockchain data platform, has acquired Hexagate, a Web3 security firm from Israel. Founded in 2022, Hexagate specializes in Web3 threat detection and has reportedly saved over $1 billion in customer funds for clients like Coinbase. Chainalysis CEO Jonathan Levin announced the acquisition, emphasizing a shift towards preventing theft with secure smart contracts and real-time threat detection. While details of the acquisition remain sparse, Levin hinted at expanding Chainalysis' security offerings and international reach to better protect crypto users globally.