#Japan #Tokyo #Elliptic #KIRIFUDA #Pacific Meta

Kirifuda and Pacific Meta Join Forces with Elliptic

In a significant development for the Japanese financial technology landscape, Kirifuda Inc. and Pacific Meta have announced their collaboration with the London-based blockchain analysis firm Elliptic. This partnership aims to facilitate the introduction and expansion of Elliptic's industry-leading blockchain analytics and crypto-asset compliance solutions within Japan's rapidly evolving market.

Background: The Shift Towards On-Chain Finance

The blockchain industry is witnessing a surge in the tokenization of crypto assets, stablecoins, and real-world assets (RWA). As transactions, settlements, and asset transfers become recorded on the blockchain, the need for on-chain financial systems is becoming increasingly evident. This transition necessitates the establishment of robust anti-money laundering (AML) structures across various sectors including cryptocurrency exchanges, wallet providers, stablecoin issuers, asset management firms, banks, securities companies, and government agencies.

Despite this growth, Japan faces a scarcity of local firms with deep expertise in on-chain analytics, which presents a unique challenge. However, through the combined expertise of Kirifuda and Pacific Meta, this partnership aims to effectively address regulatory needs and improve risk management strategies for local businesses.

Introducing Elliptic: A Leader in Blockchain Analysis

Founded in 2013 in London, Elliptic has pioneered blockchain analysis and compliance solutions, being the first to offer such tools in 2015. The company has since grown to become a global leader in digital asset decision-making, serving financial institutions, crypto-asset companies, and government entities. With offices in major global cities, including New York, Washington D.C., Miami, Dubai, Singapore, and Tokyo, Elliptic's platform supports over 65 blockchains and screens over one billion transactions weekly, serving more than 700 clients across 30 countries.

Elliptic's offerings include:

• - Wallet and Transaction Screening: Evaluating risks associated with crypto asset addresses and transactions, ensuring compliance with KYC and AML regulations.
• - Transaction Monitoring: Automated detection of AML, sanctions, and fraud risks utilizing customizable risk rules.
• - Cross-Chain Investigation: Tracking and visualizing fund flows across multiple blockchains.
• - Entity Due Diligence: Assessing risks associated with potential business partners, including exchanges.
• - Stablecoin Risk Management: Tailored solutions for managing risks related to stablecoins.
• - AI-Driven Compliance: Utilizing AI assistants for preliminary alert responses and automating routine processes.

By aligning with Elliptic, Kirifuda and Pacific Meta will facilitate the local deployment of these comprehensive blockchain analysis capabilities, crucial for compliance in the current landscape.

Why Kirifuda and Pacific Meta?

Kirifuda: Leading Market Insights in On-Chain Analysis

Since its inception in 2022, Kirifuda has successfully supported over 100 blockchain-related projects. It specializes in on-chain analysis and AML support via its Blockchain Intelligence (BCI) service, helping businesses utilize blockchain data for decision-making. The company is already active in creating on-chain analysis reports for corporate clients and institutional investors and manages the Dune Japan community, reflecting its commitment to knowledge development in this sector. Through its extensive network and expertise, Kirifuda aims to support the introduction of Elliptic's solutions in Japan effectively.

Pacific Meta: Expertise in Global Product Integration

Pacific Meta, established in 2022, focuses on assisting foreign blockchain projects in entering the Japanese market. With involvement in over 260 projects across more than 41 countries, the firm boasts a strong global network that fosters strategic partnerships for successful product implementation. This synergy allows Pacific Meta to support the comprehensive deployment of Elliptic’s products through its Global Blockchain Partner Solutions program.

Anticipating Collaborative Success

Jackson Hull, CTO and COO of Elliptic, emphasizes the strategic importance of Japan in fostering a clear regulatory framework alongside proactive engagement from financial institutions. This partnership aims to address the increasing demand for blockchain analytics across various sectors, ensuring Japanese clients receive the adequate support necessary for the successful navigation of digital asset initiatives.

In conclusion, the collaboration among Kirifuda, Pacific Meta, and Elliptic heralds a new era of innovation in Japan's financial landscape, empowering businesses with cutting-edge blockchain analysis capabilities for effective compliance and risk management as the market evolves.