In an effort to meet regulatory compliance standards as crypto adoption continues to accelerate, Robinhood (NASDAQ:HOOD) teams up with blockchain data platform Chainalysis, according to Chainalysis in a release. Robinhood (HOOD) will adopt Chainalysis KYT, which flags risky and illicit transaction in real-time, and Chainalysis Reactor, which enables deeper due diligence into potential suspicious activity. With these tools and an API integration, Robinhood Crypto can access the same blockchain data that government agencies use and integrate into their systems to reduce manual workflow. In addition, "Chainalysis works closely with regulators and law enforcement to develop industry best practices and that approach is aligned with Robinhood's commitment to working with policymakers in a collaborative manner," said Robinhood Crypto Head of Partnerships Ben Einstein. Meanwhile, shares of (HOOD -2.7%) extends losses to a new all-time low of $19.41/share intra-day. Last month, Robinhood's crypto wallet waitlist, which launches to all customers next year,
