Blockchain Analysis Company Elliptic Receives $60 Million Investment

Blockchain analytics company Elliptic; Evolution Equity Partners and SoftBank Vision Fund 2 announced that it has received an investment of $ 60 million.

In addition to these two names, AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus ventures, SignalFire and Paladin Capital Group participated in the Series C investment tour organized by Elliptic.

Working with traditional financial institutions, fintech and crypto money companies and government institutions, Elliptic will use the investment it receives to expand its staff, especially in the USA.

The products developed by the London-based company, which was founded in 2013, for crypto money transactions are used in the fight against financial crimes and legal compliance studies.

Richard Seewald, founder of Evolution Equity Partners, stated that Elliptic could use this investment to work with more financial institutions and regulatory authorities around the world.

Elliptic, which also has offices in New York, Singapore and Tokyo, is the 5 million dollar Series A in 2016; In 2019, it received a $23 million Series B investment.

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