Palantir-Linked Elementus Raises $12M for Crypto Intelligence Platform

Palantir-Linked Elementus Raises M for Crypto Intelligence Platform
Elementus, a blockchain data analytics firm with ties to Palantir (NYSE: PLTR), has raised $12 million in a Series A round, the startup has told CoinDesk. The funds will help advance the company’s institutional-grade intelligence platform.The round was led by Velvet Sea Ventures with participation from Alameda Research, BlockFi, Pomp Investments, Lightspeed, Gemini Frontier Fund, Blockchain.com and Avon Ventures.Elementus offers blockchain compliance and data analytics solutions aimed at government agencies, financial institutions, researchers and investors. The crypto forensic solution can be used for market intelligence, security vulnerability detection and the identification of bad actors.“What we have accomplished and plan to…