IVIX Secures $60 Million to Combat Crypto Crimes Using AI

Cryptocurrency compliance startup IVIX has secured a $60 million Series B funding round, driving its efforts to tackle financial crime in the digital asset space. The funds will be directed toward expanding research and development, particularly focusing on AI-powered compliance solutions. This investment follows a trend of increasing focus on AI for financial crime detection, impacting prominent cryptocurrencies like Bitcoin and Ethereum globally.