Share this article
Elliptic Partners With LexisNexis on Bitcoin Analysis
By Stan Higgins
Updated Sep 11, 2021, 12:25 p.m. Published Aug 3, 2016, 8:51 p.m.
Blockchain analytics startup Elliptic has integrated with LexisNexis, a move that provides the startup's clients with access to the vendor's global money laundering database.
The hope, the companies say, is to provide financial services firms with data on bitcoins transactions so that they can avoid interacting with parties tied to money laundering or other perceived to illicit activities.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"By integrating LexisNexis Risk Solutions' robust watchlist data, we are making it safe for a new wave of financial institutions to handle bitcoin and bank bitcoin companies," Elliptic co-founder and CEO James Smith said in a statement.
Elliptic closed a $5m Series A round earlier this year, a fundraise led by Paladin Capital Group, a venture firm with ties to the US defense industry. The firm has raised $7m in funding to date.
Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Elliptic.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
What to know:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
Top Stories
