On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D).

Elliptic Raises $60 Million to Bolster Expansion

There’s been a number of capital investments and finance injections directed at companies within the crypto ecosystem. On October 11, the blockchain surveillance company Elliptic revealed the firm has raised $60 million from strategic investors. Elliptic highlights that Evolution Equity Partners, led the funding alongside a “new investment from Softbank Vision Fund 2.” Softbank Vision Fund 2 is basically owned by Softbank Group Corp., the Japanese multinational conglomerate holding company headquartered in Minato, Tokyo.

Elliptic also notes that Albion VC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, Signalfire, and Paladin Capital Group added to the Series C round as well. The…

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Source: https://news.bitcoin.com/blockchain-intelligence-company-elliptic-raises-60-million-evolution-equity-partners-softbank-bolster-series-c/