Monday, February 10, 2025
banner


This week, we are excited to announce that we have raised $23 million in a Series B round led by SBI Group, the Japanese financial conglomerate spun off from SoftBank. AlbionVC, a technology investor based in London, also joined the round alongside our existing investors! Check out our video interview on Cheddar and coverage in AlbionVC, CNBC, Fortune, Coindesk and American Banker.

Ever since our founding in 2013, our goal has been to enable mass adoption of cryptocurrencies. We have achieved this by bringing to market reliable and innovative solutions for companies to confidently manage the risk of financial crime when dealing with crypto assets.

We would like to thank our clients and partners who have decided to work with us. Since then, we’ve been able to assess the risk for several trillion dollars worth of transactions, detecting and blocking activities related to money laundering, terrorist financing, fraud and more. As we embark on the next chapter of our journey, we pledge our continued commitment to enabling our clients to manage risk and meet their compliance obligations with greater success.

Our new funding opens up tremendous opportunities for us to deliver leading crypto asset risk management solutions. Here’s what you can expect from us in the near future:

Expand into Asia to provide a more global experience, with local teams

With regulators like the FATF establishing globally applicable crypto regulations, now is the time to deliver a globally focused crypto asset risk management solution to the market.

This month, we’re excited to expand Elliptic’s presence to Japan and Singapore, adding to our existing offices in London and New York. For our clients who operate or expand globally, we understand that it is important for us to support and advise you on region-specific risks and opportunities. For our local customers, we are pleased to deliver Elliptic’s expertise from the region, recognizing the unique character of the crypto ecosystem in Asia.

Increase our support to help our customers achieve maximum regulatory success

We will be expanding our Customer Success and Support teams and giving our customers greater access to the Elliptic team and a wider range of on-demand educational and support resources. In the coming months, we will have customer success and technical support managers in Europe, the Americas and Asia, and Elliptic customers around the world will have 24-hour coverage.

Significantly improve our coverage across a wider range of crypto assets

As the crypto industry develops and matures, the risk landscape facing the market will change accordingly. Our role is to ensure that the industry is equipped to monitor and understand these dynamics. To this end, we plan to increase our coverage across a wider spectrum of crypto assets. Check back with us for new crypto-assets we’ll be supporting in the coming months.

We aim to continue to offer the same quality of bank-level risk data that our clients are used to across the assets we support, ensuring that companies and financial institutions around the world can take advantage of the crypto opportunities that lie ahead.

To read more about our funding announcement, see our press release here.

Thanks again to everyone who supported us on our way. We have more passion, energy, and resources than we’ve ever had, and we couldn’t be more excited to continue driving this industry forward!

— James Smith, CEO and co-founder of Elliptic.

Do you find this interesting? Share on your network.



banner
crypto & nft lover

Johnathan DoeCoin

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar.

Follow Me

Top Selling Multipurpose WP Theme

Newsletter

banner

Leave a Comment

crypto & nft lover

John DoeCoin

Learn all about cryptocurrency and NFT, we publish news and interesting fauths from the world of crypto.

@2022 u2013 All Right Reserved. Designed and Developed by Evegal.com