Gate.io, a prominent cryptocurrency exchange and Web3 innovator, has announced its partnership with Elliptic, the leading provider of blockchain analytics and investigative solutions, to enhance its compliance program. By integrating Elliptic’s comprehensive suite of blockchain monitoring solutions, Gate.io is reinforcing its network of compliance providers and demonstrating its commitment to its users and adherence to regulatory requirements.
Dr. Lin Han, Founder and CEO of Gate.io, expressed his enthusiasm for the collaboration, stating that Elliptic’s extensive experience and top-of-the-line blockchain analytics and compliance solutions will further strengthen Gate.io’s regulatory compliance capabilities and provide users with peace of mind.
James Smith, Co-founder of Elliptic, shared the excitement of working with Gate.io, emphasizing their shared commitment to user protection, transparency, and compliance. He believes that Elliptic’s suite of tools and services, combined with their team’s expertise, will contribute to Gate.io’s mission of enhancing its compliance program.
Elliptic’s compliance suite includes award-winning crypto wallet screening, transaction monitoring, and investigative solutions. These solutions offer real-time, cross-chain capabilities across 40 different blockchains, aiding in the detection and investigation of high-risk activities. Gate.io has integrated Elliptic’s comprehensive compliance suite to reinforce its security infrastructure and enhance regulatory adherence. This integration allows Gate.io to proactively mitigate potential risks and provide a secure environment for its users.
Gate.io has always prioritized compliance and transparency, and its partnership with Elliptic further strengthens these measures for its users. This collaboration represents a significant step forward in comprehensive compliance for global cryptocurrency exchanges, building trust among millions of users worldwide.
Elliptic, recognized as a WEF Technology Pioneer and backed by investors such as J.P. Morgan, Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, is the global leader in cryptoasset risk management for crypto businesses, governments, and financial institutions worldwide. With headquarters in London and offices in New York, Singapore, and Tokyo, Elliptic has assessed risk on transactions worth trillions of dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes.
Gate.io, established in 2013, is a full-service digital asset exchange platform with millions of users worldwide. The company prides itself on industry-leading security and has been audited to prove 100% proof of reserves. Gate.io operates in multiple countries and is committed to complying with local laws. It offers a wide range of spot trading products and other services related to digital asset trading. The Gate.io ecosystem includes the Gate.io trading platform, GateChain, and Gate Ventures.