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  2. Elliptic opens regional headquarters in UAE

Elliptic opens regional headquarters in UAE

NOHA.GAD
Oct 13, 2024
Elliptic opened a new regional headquarters in UAE as part of its global expansion strategy

Dubai - Sharikat Mubasher: Elliptic, a global leader in blockchain analytics and digital asset risk management, launched a new regional headquarters in the UAE as part of its global expansion strategy.

The new headquarters reflects Elliptic’s global growth strategy for continued revenue expansion and underscores the region’s pivotal role in setting the agenda for building comprehensive risk management frameworks, the company announced in a press release.

Specializing in blockchain analytics, Elliptic sets the standard for real-time multi-asset screening and investigative technologies while delivering the industry’s most scalable, efficient, and performant solutions to empower financial institutions, crypto businesses, governments, law enforcement, and regulatory agencies.

Simone Maini, CEO of Elliptic, stated that the expansion came at a pivotal moment as the company surpassed the milestone of serving over 500 clients, including an increasing number in the Middle East.

“By establishing a presence in UAE, we are well-positioned to further our hyper-growth trajectory and deliver our industry-leading blockchain analytics solutions to a growing number of crypto exchanges, financial institutions, and regulatory authorities in need of robust risk management tools,” Maini added.

Elliptic, headquartered in London, has assessed risks on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes.

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