6 years ago
Elliptic Raises €21 Million to Combat Financial Crimes on the Bitcoin Blockchain
Elliptic, a London-based company providing crypto-asset risk management solutions, has raised €21 million in a Series B round led by SBI Group
The funding will be used to fuel Elliptic's expansion into Asia, accelerate product development, and support an emerging class of asset-backed crypto-assets
Elliptic's solutions are used by over 100 companies worldwide to screen billions of dollars in transactions daily, analyzing them for links to illicit activity.
ProblemTechnology
"making sure that crypto transactions are safe and compliant with regulations."
Solution
"Elliptic provides software that helps businesses and financial institutions identify and prevent financial crimes on the bitcoin blockchain."