What Inca Digital does

Inca Digital is an open-source intelligence company founded in 2018 by Adam Zarazinski, a former U.S. Air Force judge advocate, and headquartered in Washington, DC. The company builds AI-driven data analytics tools that aggregate multi-source data — real-time trading feeds, dark web data, blockchain transactions, and social media content from Twitter, Reddit, Telegram, and Discord — and apply natural language processing and custom machine-learning models to detect trends, anomalies, and emerging threats in the digital asset ecosystem. Its platform follows a four-stage workflow — Collection, Analysis, Intelligence, and Action — where the Action stage extends beyond software into direct collaboration with law enforcement and regulators on takedowns, SAR filings, and asset recovery through a dedicated Lawfare Services division.

The product portfolio is anchored by Digital Asset Risk Intelligence (scam takedowns for Layer 1s and stablecoin issuers, money-laundering and terrorist-financing identification, exchange health monitoring, and stablecoin risk assessment) and Bank Risk Management (real-time social-media anomaly detection for bank-run early warning, BAAS/fintech risk analytics, and BSA/SAR filing support). These core products are complemented by Intelligence Reports published across Finance, Technology, and Crime & National Security categories, and by Lawfare Services for civil litigation, asset freezing, and network disruption. Named technical differentiators include multi-source data aggregation, NLP-based topic modeling (rather than surface sentiment analysis), cross-market on-chain/off-chain surveillance, and hands-on delivery by assigned military intelligence experts.

Inca Digital operates a consultative, sales-led go-to-market targeting government agencies, financial institutions, and crypto-native companies; the company website features a segmented "Speak with an Expert" intake form for Financial Institutions, Exchanges, Regulators, Law Enforcement, and Other. Revenue is generated through subscription or contract-based enterprise and government engagements plus professional services for bespoke investigations, with all pricing quote-based and not publicly disclosed. The firm has approximately 40 employees, offices in Washington, DC and Paris, and a disclosed customer roster spanning the Department of Defense, DOJ, DHS, CFTC, FRB, DARPA, U.S. Air Force, SOCOM, NYAG, MassAG, Wyoming Stable Token Commission, UNODC, BCSC, OSC, Republic of the Marshall Islands, PayPal, Galaxy Digital, Sui, Mysten Labs, Ethena, Bittensor, Aleo, Avalanche, Cardano, Chainlink, and others. The company raised an undisclosed Series A in April 2022 led by GTS Venture Capital and Galaxy Digital.

Name

Inca Digital

Legal name

Inca Digital

Website

https://inca.digital

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Inca Digital is an open-source intelligence company that builds AI-driven data analytics aggregating blockchain, social media, dark web, and trading data to deliver risk intelligence, threat detection, and enforcement support for government agencies, banks, and crypto companies.

Ownership category

akta.pro rank

Product category

Digital Asset Risk Intelligence and Analytics

NAICS

Securities and Commodity Exchanges (523210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Communications Surveillance & E-Comms Archiving (Voice/Chat/Email) (FSAFAKAC)

akta.pro secondary industries

Data & Analytics Platforms (Data Warehousing, Lakes, Streaming) (HDABAAAF), Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH)

Keywords

• Digital asset intelligence
• Crypto risk analytics
• Blockchain forensics
• Bank risk management
• AML compliance tooling

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Intelligence and Analytics Services: Inca Digital provides intelligence and analytics services to crypto companies, banks, fintechs, regulators, and law enforcement. Services include tailored intelligence reports, citation-backed raw data feeds, automated threat flags, interactive dashboards, and hands-on expert support. Revenue is generated through subscription or contract-based arrangements with government agencies, financial institutions, and enterprise clients.
2. Professional Services and Investigations: Direct collaboration with law enforcement and regulators, support for BSA/SAR filings, takedown requests, and asset recovery through Inca's litigation division. These bespoke investigative and advisory services are delivered in partnership with law enforcement, government agencies, and financial institutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Inca Digital builds and sells an AI-driven data analytics platform that aggregates multi-source data (real-time trading data, dark web data, blockchain transactions, and social media) and applies NLP models to detect trends, anomalies, and threats across the digital asset ecosystem. It sells two core product lines (Digital Asset Risk Intelligence and Bank Risk Management), along with tailored Intelligence Reports and Lawfare Services for asset recovery, BSA/SAR filing support, and takedown actions.

Product overview

Inca Digital offers a unified intelligence platform for the digital asset ecosystem with two core products: Digital Asset Risk Intelligence and Bank Risk Management. These are complemented by Intelligence Reports organized by domain (Finance, Technology, Crime & National Security) and Lawfare Services for enforcement and recovery. The platform operates through a four-stage process: Collection (aggregating multi-source data), Analysis (AI-driven analytics), Intelligence (deliverable reports and dashboards), and Action (collaboration with law enforcement and regulators). The company positions itself as serving crypto, fintechs, banks, and government agencies.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Asset Risk Intelligence Comprehensive risk intelligence product for the digital asset ecosystem, including scam takedowns for Layer 1s and stablecoin issuers, money laundering and terrorist financing identification for money service businesses, exchange health monitoring for regulators, and stablecoin risk assessment for secondary market interactions.
• Bank Risk Management Risk management product for banks including real-time anomaly detection that monitors social media for early signs of bank runs, banking-as-a-service and fintech risk analytics, and actionable threat intelligence for money laundering mitigation and BSA/SAR filing support.
• Intelligence Reports Tailored intelligence reports spanning Finance, Technology, and Crime & National Security categories, delivered with citation-backed raw data feeds, automated threat flags, and hands-on support from assigned military intelligence experts.
• Lawfare Services Civil litigation support, private enforcement actions, and coordinated takedowns informed by financial intelligence, including asset freezing and recovery, network disruption, regulatory compliance support (BSA/AML), and SAR preparation.

Quantifiable outcome

• Inca's social media monitoring model detected that posts about Silicon Valley Bank risk began ticking up Tuesday morning and peaked around 4 p.m. Wednesday — the same day SVB began issuing announcements about its portfolio — with withdrawals beginning in earnest the following day. This would have allowed a regulator to receive an alert ~24 hours before the bank run accelerated.
• +4 more outcomes

Named customers32 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Fortune (Editorial Partnership)coreStrategic or Co-development Partner · 11 June 2026Fortune partnered with Inca Digital as the exclusive data and analytics partner for the inaugural Fortune Crypto 100 ranking in June 2026. Inca's data wizards helped Fortune identify the right empirical metrics for each category across 10 segments of the digital asset ecosystem. This high-visibility partnership positions Inca as the leading data intelligence provider for the crypto industry.
• Republic of the Marshall IslandscoreStrategic or Co-development Partner · 14 May 2026The Republic of the Marshall Islands (RMI) announced a strategic partnership with Inca Digital to enhance real-time market surveillance and compliance monitoring for USDM1 — the world's first digitally native, fully collateralized sovereign bond. USDM1 serves as a disbursement rail for RMI's nationwide universal basic income program (ENRA) and is designed for regulated institutional use in derivatives and repo markets.
• Wyoming Stable Token CommissioncoreStrategic or Co-development PartnerThe Wyoming Stable Token Commission partnered with Inca Digital Federal LLC to enhance security and transparency for the state-issued stable token. This partnership demonstrates Inca's growing role in supporting sovereign and state-level stablecoin initiatives with compliance and surveillance capabilities.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Chainalysis: Chainalysis is the dominant blockchain analytics and compliance platform serving crypto exchanges, financial institutions, and government agencies (including FBI, DOJ, IRS). It directly overlaps with Inca's Digital Asset Risk Intelligence and bank-facing compliance offerings and competes head-to-head for government and enterprise contracts.
• TRM Labs: TRM Labs provides blockchain intelligence and compliance tooling to law enforcement, regulators, exchanges, and financial institutions. It is a direct competitor to Inca in digital asset risk intelligence, particularly for AML, sanctions, and fraud detection use cases.
• Elliptic: Elliptic is a blockchain analytics and crypto compliance provider serving exchanges, financial institutions, and government agencies globally. It competes directly with Inca on crypto risk monitoring and transaction screening for institutional clients.
• Crystal Intelligence: Crystal Intelligence (formerly Bitfury Crystal) offers blockchain analytics and monitoring tools for crypto businesses, banks, and law enforcement. It overlaps with Inca's surveillance and compliance offerings, particularly in Europe and across the institutional banking segment.
• Solidus Labs: Solidus Labs provides crypto-native trade surveillance, market manipulation, and AML monitoring for exchanges and regulators. It directly competes with Inca's exchange health monitoring and market manipulation detection use cases in the digital asset surveillance segment.

Broad incumbents

• Sumsub: Sumsub is a broader identity verification and AML/KYC compliance platform serving crypto, fintech, and banking clients. While it overlaps with Inca's compliance and BSA/SAR support use cases, Sumsub's core focus is broader identity and onboarding compliance rather than crypto-native intelligence.
• Mastercard (CipherTrace): Mastercard acquired CipherTrace to extend its crypto compliance and analytics capabilities for banks and fintechs. It is a broader incumbent that competes with Inca in digital asset compliance for financial institutions but operates as part of a much larger payments and compliance portfolio.

Emerging players

• Nansen: Nansen provides on-chain analytics and wallet intelligence, primarily for traders, funds, and crypto-native firms. It overlaps with Inca's exchange health and ecosystem monitoring capabilities but focuses more on alpha generation than regulatory or law enforcement intelligence.
• Messari: Messari is a crypto research, data, and intelligence platform serving institutional investors, funds, and protocols. It overlaps with Inca's intelligence-reporting and market analytics offerings but is oriented toward investment research rather than compliance and law enforcement.
• Coin Metrics: Coin Metrics is a crypto market data and network analytics provider serving institutions, funds, and researchers. It overlaps with the market-data aggregation components of Inca's platform but does not compete in the compliance, surveillance, or law enforcement segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/inca_digital
• YouTubeyoutube.com/channel/UCcgRyidtfb0EOwMImpT_dsw
• LinkedInlinkedin.com/company/incadigital
• Instagraminstagram.com/inca.digital

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inca Digital