Blockchain analytics firm Chainalysis announced on Wednesday its acquisition of Hexagate, a Web3 security provider, in response to the growing threat of crypto hacks and exploits. 

“Together, Chainalysis and Hexagate provide a holistic risk solution that includes prevention, compliance, and remediation,” Chainalysis CEO Johathan Levin wrote in the announcement.

The sum it paid for Hexagate was not immediately clear. Decrypt has reached out for clarification.