The round, first announced in October, brought Elliptic's total funding to date to $100 million.
Blockchain analytics startup Elliptic said on Thursday that JPMorgan had joined its roster of investors who participated in its October 2021The round was led by Evolution Equity Partners and 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 nefarious activities. It works with firms like Coinbase on their internal anti-money laundering compliance. Other"As more established financial institutions move into the sector, these companies need to understand when they can let transactions run — and when they should intervene," said Elliptic CEO Simone Maini in a press release.
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