The largest cryptocurrency company Coinbase announced the purchase of Italian blockchain startups Neutrino.

Using proprietary technology, Neutrino develops solutions for monitoring, analysis and tracking of cryptocurrency flows across multiple blockchains.

Neutrino Coinbase will help to prevent the theft of funds from client accounts to investigate hacking attacks and identify intruders. Buying startups will also facilitate the company’s analysis of new cryptocurrency for listing on the exchange.

According to Coinbase, the technology of Neutrino is the best in its field.

In the framework of the agreements, team Neutrino will move to the London office of Coinbase, where startups will be able to continue to service its customers.

Buy Neutrino was the 11th acquisition Coinbase. The terms of the transaction were not disclosed.