Express

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Roland James

Summary: Wells Fargo, the banking giant, is backing blockchain forensics firm Elliptic, according to an announcement on Thursday. Elliptic received a total of $28 million in their Series B funding round, with $5 million coming from Wells Fargo Strategic Capital (WFSC). This investment is partly geared toward one of Elliptic’s most recent products , Elliptic Discovery, ...

Wells Fargo, the banking giant, is backing blockchain forensics firm Elliptic, according to an announcement on Thursday.

Elliptic received a total of $28 million in their Series B funding round, with $5 million coming from Wells Fargo Strategic Capital (WFSC). This investment is partly geared toward one of Elliptic’s most recent products , Elliptic Discovery, which provides a bill of health for over 200 crypto exchanges worldwide.

By Roland James

Last Update:

Tags: ,,,,
Link: Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.