Blockchain Analytics Firm Elliptic Announces JPMorgan Joined Its $60 Million Series C

Blockchain analytics firm Elliptic announced that JPMorgan Chase joined its $60 million Series C funding round last year as an investor. 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. Previously, Elliptic closed a $60 million round of funding led by Evolution Equity Partners in May of last year, with participation from SoftBank Vision Fund 2 and others. Prior to the Series C round, Elliptic had raised a total of $40 million in three funding rounds.