Merkle Science

Merkle Science is a blockchain analytics and crypto risk intelligence company founded in 2018 that helps crypto businesses, DeFi participants, NFT platforms, financial institutions, regulators and government agencies detect, investigate and prevent illicit activity involving cryptocurrencies [3][4][5][7]. Its central technical claim is a proprietary Behavioral Rule Engine that takes a behavior-based, predictive approach to transaction risk rather than relying on backward-looking blacklists, which the company says allows detection of suspicious addresses before they appear on other providers' databases [0][3][4].

The product suite is organized into four offerings: Compass for AML/KYC/CFT transaction monitoring and sanctions-violation prevention; Tracker for forensic investigation and tracing of illicit activity across hacks, scams and exploits, with cross-chain coverage of more than 10,000 assets and 200 bridges; a Data Platform for custom queries and large-scale research, including transaction lists from major scams; and Onchain Pulse, an AI-based ecosystem monitoring product that produces risk scores for tokens (flagging sanctions exposure, darknet activity and CSAM) and aggregate risk scores for virtual asset service providers [0][1]. The company also sells training and certification courses aimed at investigators, compliance officers, analysts and regulators, covering MiCA stablecoin issuer compliance, AML/CFT compliance, and crypto investigation [0][1], and publishes research such as an EU MiCA cryptoassets guide, an attribution report and analysis of the Bybit attack [0].