Elliptic Company Research Report

Company Overview

• Name: Elliptic

• Mission: To protect customers from financial crime in cryptoassets.

• Founded: 2013

• Founders: Dr. James Smith, Dr. Tom Robinson, Dr. Adam Joyce

• Key People:

• Simone Maini - CEO

• Dr. Adam Joyce - Chief Architect & Founder

• Dr. James Smith - Founder

• Dr. Tom Robinson - Chief Scientist & Founder

• Chris Pilling - Chairman

• Barry Chubrik - Chief Financial Officer

• Jackson Hull - Chief Technology Officer

• Sophie Froment - Chief People Officer

• Tom McDivitt - CRO, Government Solutions

• Zahi Yaari - Chief Revenue Officer

• Headquarters: London, with offices in New York, Singapore, Tokyo, and UAE.

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Leading provider of crypto compliance solutions globally, pioneering blockchain analytics for financial crime compliance.

Products

Elliptic offers a variety of solutions focused on crypto compliance and forensic investigation:

1. Wallet Screening

• Description: Screen crypto wallets in real-time to generate holistic risk profiles.

• Key Features: Real-time risk scoring and profiling based on wallet activity.

2. Transaction Monitoring

• Description: Fully automated monitoring of cryptoasset transactions in real-time.

• Key Features: Detect suspicious activities instantaneously with automated compliance processes.

3. Crypto Investigations

• Description: Conduct cross-chain investigations that visualize the flow of funds and identify links between wallets and transactions.

• Key Features: Single-click visualizations, entity, and transaction tracing.

4. VASP Screening

• Description: Assess financial crime risk with on- and off-chain data for crypto exchanges and other cryptoasset businesses.

• Key Features: Thorough risk assessment capabilities across diverse markets.

5. Education and Training

• Description: Resources and training for enhancing crypto compliance understanding and expertise.

• Key Features: Digital content, investigation-focused learning, and certifications.

Recent Developments

• Partnerships and Expansions:

• In 2024, joined Tech Nation's Future Fifty cohort.

• Partnered with Sumsub to tackle crypto financial crime.

• Expanded into the UAE and welcomed Zahi Yaari as Chief Revenue Officer to drive global growth.

• Partnered with HashKey Global to enhance crypto compliance.

• Product and Feature Updates:

• Launched new partnership with FOMO Pay for digital asset compliance in July 2023.

• Integrated DeFi chain Injective for better compliance and monitoring capabilities.

• Continued collaboration with Revolut, ensuring enhanced crypto compliance operations.

• Key Achievements:

• Recognized at Regulation Asia Awards for Excellence 2024.

• Achieved over 100 billion cryptoasset data points, ensuring a robust compliance infrastructure.

• Innovations and Community Impact:

• Focused efforts on advancing blockchain analytics through AI to better detect financial crime trends.

• Conducted extensive research and produced reports like the Elliptic Typologies Report 2024, helping address evolving crypto crimes.

Elliptic continues to make strides in the crypto compliance arena, cementing its role as a critical player in ensuring secure and transparent cryptoasset transactions.