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Elliptic enables financial institutions and cryptocurrency businesses to manage risk on the blockchain. We are the global standard in AML crypto compliance.
Elliptic is a Bitcoin surveillance firm that identifies illicit activity on the Bitcoin blockchain. It further analyzes the transactions and provides actionable insights to financial institutions and law enforcement agencies. The transaction-tracing platform mines the public Bitcoin ledger to identify and flag up suspicious transaction patterns within the distributed digital currency.
The platform helps financial institutions and law enforcement agencies in the following way: The platform helps financial institutions to safeguard themselves from fraud and fines by delivering enterprise-scale Bitcoin transaction monitoring services. The platform enables FIs and banks to assess the risk that a customer poses to an enterprise. It further helps them to streamline their communications with law enforcement agencies, regulators, and banks. Elliptic helps law enforcement agencies by providing actionable insights for complex investigations. It monitors thousands of Bitcoin transactions across hundreds of entities and helps them connect illicit Bitcoin activity to real-world actors. The proprietary database links millions of Bitcoin addresses to thousands of clear web and dark web entities.
The customers will be charged an annual fee – 0.75% of their account value.
Financial institutions and law enforcement agencies
$33.33 M in 2016
Manuel Silva Martinez
$1M to $10M
SERIES A · $5 M · Mar 2016
SERIES B · $5 M · Feb 2020
OTHERS · $5 M · Dec 2017
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