Chainalysis CEO Takes Temporary Leave Of Absence

According to TechCrunch, Michael Gronager, co-founder and CEO of Chainalysis, has taken a personal leave of absence from the company. The blockchain analysis firm has not disclosed the reason for his leave but has indicated that it is temporary. Sari Granat, who joined Chainalysis in 2022 as President and COO, is currently serving as interim CEO. Chainalysis, a New York-based company founded ten years ago, has earned a reputation as a 'crypto detective,' providing services to the U.S. government and corporate clients. Last year, the company laid off over 15% of its 900 employees to concentrate more on government contracting. Early investors in Chainalysis include Benchmark, and the company was valued at $8.6 billion during its sixth funding round in 2022. In April, crypto investor Katie Haun began purchasing secondary shares of the company at a valuation of $2.5 billion.