Tiger Research Partners With Chainalysis to Expand Push Into South Korea’s Digital-Asset Market

Tiger Research, a Web3 research firm, has signed a strategic memorandum of understanding with blockchain data analytics company Chainalysis.

Tiger Research said June 12 that the two companies will collaborate on joint events and research publications for South Korean financial institutions and corporations.

Under the agreement, the companies plan to jointly host seminars and conferences for major South Korean institutions including banks, securities firms and large corporations. They also plan to publish joint research using Chainalysis’s blockchain data and analytics capabilities.

Tiger Research will provide its domestic institutional network, while Chainalysis will contribute on-chain data and analytics technology. The partnership is designed to help South Korean institutions better understand digital assets and evaluate related business opportunities.

Founded in 2022, Tiger Research is a blockchain-focused research firm. It has provided market analysis and strategic advisory services to more than 100 global blockchain foundations and more than 150 institutions. Its research services focus on Asian markets including South Korea, Japan and China.

Chainalysis, founded in 2014, provides data and artificial intelligence-based solutions to government agencies, financial institutions, exchanges and security firms in more than 70 countries. It has built a global client base in anti-money laundering, virtual-asset tracking and regulatory compliance.

"Through our cooperation with Chainalysis, we will provide insights that help financial institutions and companies considering entry into the digital-asset market gain a deeper understanding of the market and apply that knowledge to practical decision-making," Tiger Research Chief Executive Officer Kim Kyu-jin said.

"This MOU will allow both companies to speak with a stronger and more integrated voice for the development of Korea’s digital-asset ecosystem," Kwon Jun-hyuk, head of Chainalysis Korea, said. "We will continue supporting market participants through industry discussions, education and cooperation."