"Elliptic's market leading transaction monitoring product, Elliptic Navigator, with its extensive blockchain database and capabilities will enable our team to manage risk in a systematic and automated way. We are committed to ensuring that Sparrow remains a safe, secure, and compliant platform by global standards."

"Elliptic's pioneering approach is enabling the transparency, integrity, and trust necessary for this vision [to build the digital asset-related ecosystem] to become reality. We are seeing a growing demand for their services across our portfolio of cryptoassets related companies and view Elliptic as best-placed to meet this considerable opportunity."