Merkle Science Acquires Staging Labs to Boost EVM Attribution

Merkle Science has acquired Staging Labs, a leading company in real-time mitigation technology for the cryptocurrency industry. This acquisition expands Merkle Science's product range and presence in the US and Canada.

The team from Staging Labs will help Merkle Science boost its EVM and Tron attribution. By incorporating Staging Labs' real-time mitigation expertise, Merkle Science will provide a strengthened security solution that addresses both predictive and immediate threats, better-supporting law enforcement partners, cryptocurrency exchanges, and protocols in North America.

Mriganka Pattnaik, CEO of Merkle Science, expressed his enthusiasm for the acquisition, stating, "The integration of Staging Labs' real-time mitigation expertise with our predictive analytics will create a powerful, comprehensive security suite for our clients. This acquisition aligns perfectly with our mission to foster trust in the crypto industry and support our partners in maintaining a safe and compliant ecosystem."

Staging Labs' predictive capabilities are key to its technology, allowing for proactive threat detection. Its expertise in real-time mitigation pairs well with Merkle Science's predictive analytics, creating a comprehensive security suite for clients. This move will bolster Merkle Science's forensics and compliance capabilities, enabling proactive detection of illicit actors on EVM chains and Tron, and enhancing the company's ability to assist partners in combating illegal activities and ensuring compliance with regulations.

Jake Harwood, Co-Founder & CTO of Staging Labs, shared his excitement about the acquisition, saying, "I'm thrilled to be joining the team from Merkle Science and bringing Staging Labs' expertise in real-time technology to work with their attributions team and enhance cross-chain capabilities.”

Both teams will collaborate to develop new security solutions, ensuring that clients receive the highest level of protection in the crypto market. This acquisition aligns well with Merkle Science's mission to foster trust in the crypto industry and to support the efforts of law enforcement and other partners in maintaining a safe and compliant crypto ecosystem.

Merkle Science eagerly welcomes the Staging Labs team to continue their shared goal of building a safer crypto ecosystem. Together, they will work towards providing cutting-edge solutions that help prevent financial crimes, protect users, and promote the growth of the cryptocurrency industry.

About Merkle Science:

Founded in 2018, Merkle Science provides blockchain transaction monitoring and intelligence solutions for cryptocurrency companies, financial institutions, and government agencies to detect, investigate, and prevent the illicit use of cryptocurrencies. Our vision is to make cryptocurrencies safe and provide infrastructure for the safe and compliant growth of cryptocurrencies. Merkle Science is headquartered in New York with offices in Singapore, Bangalore, and London.

About Staging Labs:

Founded in 2022, Staging Labs uses real-time technology to proactively identify and block malicious and non-compliant crypto transactions. Our vision is to make crypto safe and easy to use for everyone. Headquartered in Miami, Staging Labs also has an office in Toronto.