Elliptic, a provider of on-chain blockchain analytics, has launched a market intelligence unit – a second line of business for the organisation that is focused on leveraging Elliptic’s best-in-class identity graph to build new propositions and use cases for businesses trading crypto. 

Elliptic, a provider of on-chain blockchain analytics, has launched a market intelligence unit – a second line of business for the organisation focused on leveraging Elliptic’s best-in-class identity graph to build new propositions and use cases for businesses trading crypto. 

The new unit, led by Elliptic co-founder James Smith and Laura Coffey, will harness Elliptic’s dataset as a data layer for the burgeoning institutional crypto trading market. The data will provide access to the broadest asset coverage of on-chain identity metrics in the industry, allowing traders to: utilise real insights behind the movements of money to access fundamental activity metrics for a wide range of cryptoassets; profile the different types of actors behind deposits, withdrawals and other transactions in real-time to assess the motivations behind market-moving activity; explore flows between businesses and other types of wallets to identify which sectors are growing and at what pace, with the identity graph cutting through the noise.

Elliptic’s dataset has been developed over the past eight years and includes 20bn+ data points and covers 148 assets, representing 98 per cent of global trading volume. Two-thirds of global crypto volumes are transacted on exchanges that use Elliiptic’s products.