Business Wire

Elliptic Launches Market Intelligence Unit and Announces New Proposition for Crypto Traders

Share

Elliptic, the leading provider of on-chain blockchain analytics, today announces the launch of its market intelligence unit; a second line of business for the organization that is focused on leveraging Elliptic’s best-in-class identity graph to build new propositions and use cases for businesses trading crypto.

The new unit, led by Elliptic co-founder James Smith and Laura Coffey, will harness Elliptic’s dataset as an intrinsically valuable data layer for the burgeoning institutional crypto trading market. The data will provide access to the broadest asset coverage of on-chain identity metrics in the industry, allowing traders to:

  • Forecast: Utilize real insights behind the movements of money to access fundamental activity metrics for a wide range of cryptoassets
  • React: Profile the different types of actors behind deposits, withdrawals and other transactions in real-time to assess the motivations behind market-moving activity
  • Analyze: Explore flows between businesses and other types of wallets to identify which sectors are growing and at what pace, with the identity graph cutting through the noise

Elliptic’s dataset has been developed over the past eight years and includes 20bn+ data points and covers 148 assets, representing 98% of global trading volume. Two-thirds of global crypto volumes are transacted on exchanges that use Elliiptic’s products.

Commenting on the new proposition, James Smith, co-founder of Elliptic, said: “Elliptic was built with a clear vision in mind: to help businesses capitalize on the opportunities presented by the growth of the crypto market. We pioneered the use of blockchain analytics, and the unique dataset we have developed provides a rich source of intelligence to fuel winning crypto trading strategies, for both crypto-native businesses and traditional players who are moving into crypto trading.”

Elliptic is currently working with several undisclosed leading research and trading desks to develop the product. For further information, to apply to be a POC partner and secure an early stage preview of the data, please contact: laura.coffey@elliptic.co

About Elliptic

Elliptic is the global leader in cryptoasset risk management for crypto businesses and financial institutions worldwide. Recognized as a WEF Technology Pioneer and backed by investors including Wells Fargo Strategic Capital, SBI Group, SoftBank, Evolution Equity Partners and Santander Innoventures, Elliptic has assessed risk on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes. Elliptic is headquartered in London with offices in New York, Singapore, and Tokyo. To learn more, visit www.elliptic.co and follow us on LinkedIn and Twitter.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media Contact
George Pitt, george@fullyvested.com
press@elliptic.co

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

MCF Corporate Finance Serves as Exclusive Financial Advisor to Seacross Marine AB (“SeaCross”), a Leading International Provider of Navigation Software for High-Speed Marine Operations, on Its Sale to Adelis Equity’s Defence Technology Group19.9.2024 12:47:00 EEST | Press release

MCF Corporate Finance ("MCF") today announced its role as the exclusive financial advisor to the shareholders of SeaCross, a leading international provider of navigation software for high-speed marine operations, on its sale to Adelis Equity. This transaction marks the second investment in Adelis Equity’s recently established defence technology group. "The decision to hire MCF as financial advisors was crucial in finding the best possible partner for SeaCross and supporting the company's growth journey ahead," said Harald Nilsonne, Founder and Chairman of SeaCross. "Throughout the process, they demonstrated an exceptional understanding of our business, software, and niche within the defence technology market. MCF’s strategic and steadfast advice, both before and during the process, ensured we found the right partner in Adelis." SeaCross, renowned for its advanced high-speed marine navigation systems, is poised to enter a new phase of growth with Adelis Equity’s backing. The strategic p

Cities in Finland Working Together to Reconcile Development and Biodiversity19.9.2024 12:14:00 EEST | Press release

Cities in Finland want to encourage cities to help preserve nature internationally. The leaders of Finland’s 10 largest cities commit to concrete targets for halting the loss of biodiversity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240919977440/en/ Cities in Finland want to encourage cities to help preserve nature internationally. The leaders of Finland’s 10 largest cities commit to concrete targets for halting the loss of biodiversity. Photo: Visit Tampere, summer colors in Arboretum. Drone: Laura Vanzo. Urbanisation and increasingly dense development weaken local nature. As Finland is famous for its clean nature, its growing cities want to maintain their residents’ connection with nature. The mayors of the 10 largest cities in Finland commit to working together to stop the loss of biodiversity. City leaders promise to take care of the parks, forests and water areas in their cities. Concrete actions and targets to ha

The NAGA Group expands addressable user base with launch of first-ever trading app integrated into Telegram messenger19.9.2024 12:10:00 EEST | Press release

The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the all-in-one financial SuperApp NAGA, is launching the first-ever fully integrated trading app within the Telegram ecosystem, in a bold move that could redefine how retail investors engage with the financial markets. In doing so, NAGA will gain immediate access to Telegram’s 950 million user base, positioning it to capitalize on a vast and untapped audience. A move that establishes NAGA as a first mover in a new space, providing significant potential for user growth and subsequent revenues. The “NAGA Everything Trading” app is natively integrated into the Telegram ecosystem, offering the full trading features of the NAGA SuperApp whilst enabling seamless onboarding, customer KYC and deposit capabilities directly in the messenger app. This unique extension offers a frictionless trading experience to the millions of monthly active users of Telegram. Moreover, users registering via the Telegram app will also have immediate

Stressed, anxious, excited – CIOs' state of mind in 2024, according to research from Expereo19.9.2024 11:03:00 EEST | Press release

Technology leaders from large global enterprises are feeling the pressure as AI becomes a major force of innovation and disruption, according to the IDC InfoBrief, commissioned by Expereo, Enterprise Horizons 2024: Technology Leaders’ Priorities on Their Digital Business Journey*, which reveals that 64% of global respondents find it challenging and/or stressful to meet the technology demands of the business, and that AI is a key source of both pressure and opportunity. The paper reveals that AI has raised the profile and expectations of technology leaders at board level – a double-edged sword for many senior technology decision-makers. While 60% of global respondents say their focus on AI has boosted their personal reputation, 47% also say their board has unrealistic demands regarding the impact of AI on international business performance and 39% felt their job is more stressful or negative because of their added profile. The perceived impact of AI on the workforce, both within and out

HORNBACH Baumarkt Selects Blue Yonder To Accelerate Its Omni-Channel, Customer-Centric Strategy19.9.2024 10:00:00 EEST | Press release

Today, retail offers a wide range of opportunities. Retailers must consistently focus on the needs of their customers if they want to be successful – even in the future. Tech innovation is accelerating. Consumers want to be free to decide whether they want to shop in the store or via smartphone or computer. Optimally, it should all be connected. Retailers are looking to innovate, add new services, and deliver experiences that consumers love, but they often face a costly and expensive fix because their tech stack was not built for modern experiences with efficiency in mind. That’s why, as a pioneer in innovation and one of the leading DIY retailers in Europe, HORNBACH Baumarkt has selected Blue YonderInventory and Commits Services, part of Blue Yonder Order Management solutions. HORNBACH Baumarkt is the largest and most important subsidiary of HORNBACH Holding. HORNBACH Baumarkt operates DIY megastores with garden centers and online stores in nine European countries. The DIY retail segm

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye