Elliptic has announced a major step forward in its growth journey with a new investment from HSBC. Following the deal, Richard May, Group Head of Financial Crime for HSBC’s Corporate and Institutional Banking division, has joined Elliptic’s board of directors.
This development further cements Elliptic’s position as the most trusted blockchain analytics company worldwide. Known for its comprehensive blockchain coverage, unmatched scalability, and 99.99% uptime, Elliptic continues to serve many of the world’s top exchanges, governments, and payment providers. As financial institutions expand into digital assets, Elliptic stands out as the clear choice for reliability, innovation, and compliance.
Driving the Next Phase of Global Growth
The second quarter of 2025 was Elliptic’s strongest yet, with record-breaking customer acquisition and revenue growth. HSBC’s backing is set to accelerate this momentum, supporting Elliptic’s global expansion and innovation roadmap.
This growth aligns with the rising interest from financial institutions in stablecoins and tokenized assets. Recently, Elliptic launched Issuer Due Diligence, the first stablecoin solution designed for banks. This tool enables institutions to assess issuer wallet risk before holding stablecoin reserves — reinforcing Elliptic’s role as a market leader.
Leadership Insights
“Elliptic was built for this exact moment,” said Simone Maini, CEO of Elliptic. “For over a decade, we’ve anticipated the enterprise adoption of digital assets. Our investments in compliance, scale, and reliability are paying off as financial institutions increasingly turn to us. This investment validates our strategy and underscores the market’s growing need for trust and transparency.”
Maini added, “The digital asset revolution in global finance is unstoppable — but it must be anchored in compliance and confidence. With HSBC’s partnership, we are well-positioned to deliver enterprise-grade solutions that meet the highest regulatory and security standards.”
Richard May of HSBC emphasized the importance of this collaboration:
“With the rapid evolution of digital assets, mitigating financial crime risk is critical. Elliptic provides HSBC with the transparency needed to meet regulatory expectations and strengthen compliance. As regulation develops and adoption grows, trusted partners like Elliptic are essential in bridging innovation and security.”
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