Canton Network Blog

Elliptic joins Canton Network as Supporting Validator

Written by Canton | Jan 28, 2025 5:00:00 AM

We’re excited to welcome Elliptic as a Supporting Validator on the Canton Network! GSF (Canton Foundation) recently announced its partnership with Circle to bring on-chain stablecoin payments with privacy. Elliptic will be the on-chain monitoring provider and we’re excited to collaborate on many more use-cases that are coming to Canton Network.

Why This Matters:

  • On-Chain AML Monitoring: Elliptic will provide on-chain AML monitoring for Canton Coin and USDC, enabling safer private on-chain stablecoin transactions.
  • Joining the Global Synchronizer Foundation: Elliptic will contribute as a General Member, further strengthening the network’s mission to deliver institutional-grade infrastructure for digital assets.

Elliptic is a global leader in blockchain analytics, trusted by some of the world’s most highly regulated banks and financial institutions, leading cryptocurrency exchanges, and government agencies. Their solutions screen over $1 billion in weekly transactions to detect, prevent, and pursue criminal activity in cryptocurrencies, help prevent financial crime, and foster the safe adoption of cryptocurrency.

With a global presence and backing from industry leaders including, EvolutionEquitySoftBank_Group, SBI Group, AlbionVC, OctopusVenturesSignalFire, WellsFargo, JPMorganPaladincap, Santander InnoVentures, and Digital Currency Group (DCGco), Elliptic is uniquely positioned to support the Canton Network in driving institutional adoption of crypto and tokenized assets.

We’re proud to collaborate with Elliptic to ensure the Canton Network remains the gold standard for secure, scalable, and compliant digital asset infrastructure.