"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."

"Elliptic will enable LocalBitcoins to achieve the highest levels of compliance while increasing operational efficiency and reducing costs. We will continue to invest heavily in AML and KYC to maintain a secure and trusted platform for our valued customers."