Moody's partners with Elliptic to enhance digital asset risk management

ChainCatcher news, financial research firm Moody's has announced a strategic alliance with blockchain analytics company Elliptic, aimed at enhancing risk screening for virtual asset service providers (VASPs).

Moody's and Elliptic will use on-chain and off-chain data to provide additional background information and risk assessments for financial institutions and businesses. This solution leverages Elliptic's real-time on-chain data to classify the risks of illicit activities in digital asset transactions and integrates it with Moody's off-chain data in a unified risk engine.