MANTRA Expands Reach to 500 Financial Institutions with Elliptic Integration

Analytics firm Elliptic has announced the integration of Layer 1 blockchain MANTRA into its comprehensive suite of compliance verification and investigation solutions. The integration unifies blockchains into a single financial network that is monitored in real-time, making the MANTRA blockchain available to over 500 major financial institutions through Elliptics suite of products.

Elliptics technical expertise enables blockchains like MANTRA to be quickly connected, providing access to AML solutions in as little as 45 days. As more blockchain funds integrate with Elliptic, the availability of crypto ecosystem data expands — an important step in maintaining a safe and transparent industry. One of the most common methods of laundering cryptocurrency is to transfer assets across multiple blockchains. By integrating with Elliptic, funds gain access to AML solutions that allow them to monitor cross-chain transactions and identify potential risks.

MANTRA exists to bring the global financial ecosystem on-chain by becoming the preferred ledger for real-world asset (RWA) tokenization across industries and asset classes. MANTRA Chain is a purpose-built Layer 1 blockchain that is capable of meeting real-world regulatory requirements and enables companies, governments, and developers to tokenize RWAs in a secure manner using institutional-grade infrastructure.