Crypto daily news logo
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security
No Result
View All Result
Crypto News
No Result
View All Result
Home Others

Analytical company Elliptic raised $ 60 million

Admin by Admin
27.05.2022
in Others
17 1
0

Reading time: ~2 m


Blockchain analytics startup Elliptic said JPMorgan joined the list of investors who participated in a $60 million Series C fundraiser in October 2021.

The round was led by Evolution Equity Partners, which included SoftBank Vision Fund 2, AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire and Paladin Capital Group.

Elliptic works with businesses and government agencies to analyze blockchains for dishonest activity. He is working with firms like Coinbase on their internal compliance with anti-money laundering requirements. Also, the company’s services are used by Santander, Revolut, Genesis and Stellar.

“As more reputable financial institutions move into the sector, these companies need to understand when they can allow transactions to be executed and when they have to intervene,” Elliptic CEO Simone Maini said in a press release. “Ending financial crime is not only a regulatory requirement, but also an ethical requirement, and a safe ecosystem is a healthy ecosystem.”

Last year, Wells Fargo’s venture capital arm also backed the company in expanding its Series B, according to CNBC.

During the Series C round, Elliptic’s total funding to date has reached $100 million. The firm previously raised $40 million in three funding rounds. The company declined to share its estimate at the time of the announcement of the Series C fundraiser.


#Analytical #company #Elliptic #raised #million

Related articles

51% of Latin Americans have made transactions with cryptocurrency

51% of Latin Americans have made transactions with cryptocurrency

26.06.2022
Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

26.06.2022
investors downgrade BlockFi’s valuation from $5 billion to $1 billion

Morgan Creek Digital plans to buy a controlling stake in BlockFi

26.06.2022
Alchemy Pay simplifies crypto payments for NFT

Alchemy Pay simplifies crypto payments for NFT

26.06.2022
Tags: AnalyticalcompanyEllipticmillionraised
Share24Tweet15
  • Trending
  • Comments
  • Latest
Grayscale purchased ADA ahead of the Vasil hard fork

Grayscale purchased ADA ahead of the Vasil hard fork

09.06.2022
Decentralized Pictures announced the launch of a blockchain app for film financing

Decentralized Pictures announced the launch of a blockchain app for film financing

17.05.2022
First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

First court ruling in the U.S. on the use of cryptocurrencies to circumvent sanctions

17.05.2022
Mining firm Greenidge Generation increased quarterly revenue by 240%

Mining firm Greenidge Generation increased quarterly revenue by 240%

17.05.2022
The DeFi market suffered because of the collapse of Terra

The DeFi market suffered because of the collapse of Terra

Fed meeting is a negative factor for Bitcoin growth

Fed meeting is a negative factor for Bitcoin growth

Bitcoin strengthens as global stock market improves

Bitcoin strengthens as global stock market improves

Game company Square Enix will make blockchain and Play-to-Earn its business model

Game company Square Enix will make blockchain and Play-to-Earn its business model

51% of Latin Americans have made transactions with cryptocurrency

51% of Latin Americans have made transactions with cryptocurrency

26.06.2022
SkyBridge Director’s Predictions

SkyBridge Director’s Predictions

26.06.2022
Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

Yuga Labs filed a lawsuit against the creator of “fake” BAYC tokens

26.06.2022
Short positions at record levels

Short positions at record levels

26.06.2022

Метки

altcoins Analyst assets Bank billion Binance Bitcoin bitcoins blockchain BTC called collapse crypto cryptocurrencies Cryptocurrency DeFi Digital ETH Ethereum fall fell growth increased investors June launch Luna market million miners Mining network NFT platform price rate regulation support Terra token tokens Top UST week XRP

Newsletter

No Result
View All Result
  • Home
  • Cryptocurrency
    • Analytics
    • Bitcoin
    • Ethereum
    • Alt coins
  • Others
    • Regulation
    • Blockchain
    • Guide
    • Mining
  • Security

© 2022 Crypto News Daily

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Privacy Overview
Crypto News

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!

Cookie Policy

More information about our Cookie Policy

Powered by crypto-daily.news  GDPR Cookie Compliance