CHAINY - Check your crypto wallet and transaction risk instantly

Welcome to NEXUS Startup Diaries, the number one place to discover the hottest and most inspiring startups and founders.

Today we're excited to meet Ilya Klyachin of CHAINY

So Ilya, tell us more about CHAINY

Chainy helps you check crypto wallet and transaction risk instantly—keeping you safe from fraud, scams, and compliance pitfalls.

While today we focus on fast B2C tools (including our Telegram bot), our long-term vision is to become a versatile compliance platform for the entire crypto ecosystem.

From instant checks to full-scale AML and regulatory solutions, Chainy is building the future of safe digital finance. We want to empower both individuals and institutions to interact with crypto confidently, knowing that risks are visible and manageable.

By bridging the gap between everyday users and enterprise-grade compliance, Chainy makes the world of digital assets more transparent, secure, and accessible.

How did you come up with the business idea and what problem are you looking to solve?

The idea for Chainy came from seeing how difficult and risky it is for both individuals and institutions to interact with crypto safely.

Traditional compliance tools were built for banks and are often too slow, expensive, or complex for everyday users. At the same time, scams, fraud, and regulatory pitfalls remain some of the biggest barriers to wider adoption of digital assets.

I wanted to create a tool that makes crypto safety simple, instant, and accessible, starting with wallet and transaction checks, and expanding toward a full compliance suite.

My goal is to remove uncertainty, build trust, and help make crypto a secure part of mainstream finance.

What made you want to start your own business?

I’ve always liked building things on my own. Before Chainy, I ran businesses in Bitcoin mining and real estate, and earlier worked at tech startups in the UK.

Those experiences gave me the push to keep creating and trying new things. Starting Chainy felt like the right next step—mixing my background in tech and crypto with solving a problem I kept seeing in the industry.

What stage is your business currently at?

Chainy is at the MVP stage—the product is live, working, and already has early paying users. Right now, my priorities are to keep improving the tech, launch a proper marketing campaign, and start scaling.

I’m also preparing to bring the first hires on board so we can move faster and make the platform even better for users.

What do you love most about being an entrepreneur?

I love the flexibility—no two days are the same. Every day brings a new challenge, a new problem to solve, and that keeps it exciting. It’s never boring, and that’s what makes being an entrepreneur so addictive.

What is the number one business tip you've learned that you'd like to share with fellow budding entrepreneurs?

The biggest tip I’d share is: build and nurture your network. So many opportunities, solutions, and even breakthroughs come from the people you meet along the way.

Don’t be afraid to reach out, ask questions, and connect—you never know which conversation might change your business.

Who are your Startup Heroes?

I’d say Brian Armstrong, the founder of Coinbase. He managed to take crypto from the edges of finance into the mainstream by building one of the first regulated, trusted exchanges in the US. It’s inspiring how he balanced innovation with compliance—something I think is key for the industry’s future.

A Favourite Podcast?

20VC !

If you're interested in starting, running or scaling your own business, then why not enquire about NEXUS membership here

...and if you're interested in featuring your own entrepreneurial journey on the NEXUS Startup Diaries blog, then get in touch and let's share that story with the world!