According to Odaily Planet Daily, Chainalysis recently submitted a Polkadot governance proposal, proposing a $10 million partnership between the two parties. According to the proposal, the services that Chainalysis will provide will include monitoring and tracking DOT token activities on the relay chain to ensure that regulators and institutional entities have visibility of any potential risks of on-chain behavior. In addition, Chainalysis will also provide on-chain smart solutions to meet institutional needs related to the launch of DOT tokens.
The partnership will also include plans to participate in joint events, announcements, and case studies to promote collaboration and highlight Chainalysis’ role in supporting Polkadot’s compliance framework. However, the proposal has not received support from a majority of Polkadot community members so far, and the relevant vote will close on May 16.
