Blockchain analytics firm Elliptic announces JPMorgan joined its $60 million Series C

Blockchain analytics startup Elliptic said on Thursday that JPMorgan had joined its roster of investors who participated in its October 2021 $60 million Series C fundraise

The 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