Crypto Facilities Teams Up With Elliptic Bringing Bitcoin to Capital Markets
Two London-based firms, Crypto Facilities and Elliptic, have joined forces to provide a settlement and clearing mechanism to separate bitcoin custody from other exchange functions. The settlement and clearing mechanism marks another step in bringing bitcoin to capital markets. Crypto Facilities is a bitcoin derivative exchange while Elliptic is a bitcoin analytics and security firm. Crypto Facilities will host client accounts in Elliptic's secure, KPMG-accredited vaults. Under this arrangement, Crypto Facilities accounts are fully insured by an A-rated, Fortune 100 underwriter. Each client....
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Bitcoin analytics and security firm Elliptic has partnered with bitcoin derivatives exchange Crypto Facilities to bring enterprise standards to bitcoin trading. The two London-based bitcoin startups announced today the launch of a settlement and clearing mechanism that separates bitcoin custody from all other exchange functions. The terms of the deal specify that the clients of the derivatives exchange will see their accounts hosted in Elliptic's secure vaults. It must be noted that Elliptic has KPMG accreditation for its vaults. Safety of Funds Guaranteed! The new partnership will see....
Two London-based bitcoin startups have unveiled a new system that "ring-fences" customer funds from other operations. As part of the set up, derivatives trading platform Crypto Facilities will continue to match buyers and sellers, but its partner, Elliptic, will take custody of the platform's funds at its cold storage vault. Though common practice in capital markets, today's announcement is the first of its kind for the bitcoin space, where exchanges have lost millions to hackers targeting funds in their centralised wallets, or by simply not holding them at all. In a statement, Crypto....
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D).
Elliptic Raises $60 Million to Bolster Expansion
There’s been a number of capital investments and finance injections directed at companies within the crypto ecosystem. On October 11, the blockchain surveillance company Elliptic revealed the firm has raised $60 million from strategic investors. Elliptic highlights....
In the latest episode of the Bitcoin.com Podcast, our host Zach Doty sat down with Crypto Facilities CEO Timo Schlaefer. Zach and Schlaefer discuss his company, and its goal of bringing derivatives trading to the bitcoin markets. About Crypto Facilities. Crypto Facilites is one of the few insured bitcoin exchanges at present, and offers trading services....
Two football teams in the south-west English town of Chard have chosen bitcoin as their preferred funding method as they raise money for new facilities. Chard United and Chard Rangers are currently fundraising so they can build changing rooms at Jocelyn Park - the ground the two teams share. Currently, the teams have to change at a cricket ground that is a 20-minute walk away. "They've been fighting for the local town council for 15 years to try and convince them to build changing facilities at Jocelyn Park, but the council are not really football fans, so have said no pretty much every....