UK-based crypto research startup Elliptic raises $23m Series B led by SBI Holdings

UK-based crypto research startup Elliptic raises $23m Series B led by SBI Holdings

Sebastian Kastner, lead engineer at HydroMiner GmbH, handles cable connections between cryptocurrency mining rigs on racks at the company's mining facility near Waidhofen an der Ybbs, Austria, on Friday, Jan. 19, 2018. HydroMiner, the Austrian cryptocurrency miner that mines bitcoins with green energy, is weighing an initial public offering to fund an expansion outside its home country. Photographer: Akos Stiller/Bloomberg

Elliptic, a London-based provider of crypto-asset risk management solutions, has raised $23 million in a Series B funding round led by Tokyo-based financial institution SBI Holdings, according to an announcement.

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