Crypto analytics firm Elliptic raises US$60 million from SoftBank, others

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LONDON : Cryptocurrency analytics firm Elliptic said on Monday it had raised US$60 million from investors including SoftBank and Wells Fargo Strategic Capital, the latest blockchain analytics firm to attract mainstream investment. With larger investors warming to cryptocurrencies, blockchain analysis

LONDON : Cryptocurrency analytics firm Elliptic said on Monday it had raised US$60 million from investors including SoftBank and Wells Fargo Strategic Capital, the latest blockchain analytics firm to attract mainstream investment.

U.S. blockchain data platform Chainalysis said in June it had raised US$100 million at a valuation of US$4.2 billion, aiming to widen its coverage of crypto assets. Elliptic, established in 2013, tracks the movement of cryptocurrencies on blockchain - the technology underpinning them - to help financial crime compliance.

 

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