NEAR Protocol(NEAR) New partnership with Elliptic

Partner's Name

Elliptic

Counterparty Website

https://www.elliptic.co/

Counterparty Details

Elliptic provides compliance solutions and services for exchanges, protocols and Web3 businesses. Its analytics scan more than 500 cryptoassets and 20 billion+ data points to provide accurate, actionable insights that businesses rely on to mitigate risk and be compliant.

Does this partnership generate any kind of revenue?

NO

Applicable Date(s)

2022-02-21

Partnership Details

On February 22nd, 2022, NEAR Foundation announced a strategic partnership with Elliptic to help enhance security and on-chain forensics. The partnership means both the NEAR blockchain and its native asset $NEAR will have access to Elliptic’s class-leading blockchain analytics and financial crime monitoring services.

The agreement will provide users of NEAR with full visibility of the NEAR blockchain across Elliptic’s full suite of products and services. This will initially include screening of crypto wallets and transactions on the NEAR blockchain through Elliptic’s Lens and Navigator products, with plans to incorporate Virtual Asset Providers (VASPs verification) and crime investigation capabilities through Elliptics Discovery and Forensics.