Blockchain analytics and AML compliance for cryptocurrency emerged as essential infrastructure once regulators across multiple jurisdictions made clear that crypto exchanges and financial institutions handling digital assets would be subject to anti-money-laundering requirements similar to those governing traditional financial services. Coinfirm was founded in Warsaw in 2016 to provide that compliance infrastructure, building a platform that analyses blockchain transactions for AML risk indicators and gives crypto businesses the tools to meet regulatory requirements. Its platform serves crypto exchanges, banks engaging with digital assets, law enforcement agencies, and financial institutions needing to assess crypto-related risk exposure. The company has built a significant database of blockchain risk indicators and developed analytics tools that have made it a frequently cited reference in the crypto compliance landscape. Coinfirm was acquired by Lukka, a US-based crypto data and accounting infrastructure provider, in 2024, integrating its blockchain analytics capabilities into a broader institutional crypto data platform. The acquisition reflects the consolidation pattern in crypto compliance infrastructure — the standalone analytics businesses being absorbed into larger institutional crypto data providers as the market matures and as the regulatory clarity from MiCA and similar frameworks reduces the operational uncertainty that smaller specialised vendors had to navigate independently.