Elliptic, a globally leading blockchain analytics and digital asset risk management firm, announced the launch of its new regional headquarters in the UAE, marking a significant milestone in its ongoing global expansion strategy.
The strategic expansion is also seen as a recognition of the UAE’s growing leadership in digital asset regulation.
“The UAE has firmly established itself as a leading authority for digital asset risk management, providing clarity and support for crypto businesses and financial institutions.
“As a result, the region has become a thriving hub for digital innovation, making the UAE the ideal location for our new regional headquarters,” said Simone Maini, CEO of Elliptic.
He said the strategic expansion comes at a pivotal moment as Elliptic surpasses 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 said.
Elliptic said over the past 11 years, it has pioneered blockchain analytics, setting the standard for real-time multi-asset screening and investigative technologies and delivering the industry’s most scalable, efficient, and performant solutions to empower financial institutions, crypto businesses, governments, law enforcement, and regulatory agencies to navigate the complex world of digital assets.
“Now, with the UAE emerging as the next major global hub of blockchain and digital asset innovation, the establishment of a new regional headquarters in the UAE is in line with our global growth strategy for continued revenue expansion.
“It also underscores the importance of the region in setting the agenda for building comprehensive risk management frameworks,” the company said.
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