Elliptic raises £18.7m in Series B funding led by SBI Group to fuel Asian expansion.
The financing round was led by SBI Group and will support the company's growth in Asia and product development.
Elliptic provides cryptoasset risk management and blockchain analytics solutions for financial institutions, fintechs and regulatory authorities. The company helps the digital asset ecosystem operate securely by offering compliance and investigative tools.
Elliptic has secured £18.7m in Series B funding to scale its operations across Asia and enhance its compliance product suite. The financing round was led by Tokyo-based SBI Group, with participation from AlbionVC alongside existing backers SignalFire, Octopus Ventures, and Santander Innoventures. Board appointments include Tomoyuki Nii representing SBI Group and Ed Lascelles representing AlbionVC. The fresh capital will target regional expansion with new offices in Japan and Singapore, while also supporting product development for emerging digital tokens such as Facebook's Libra and central bank digital currencies.
Use of funds
- 01Expand into international markets
- 02Continue product development
