Moody’s and Elliptic Partner to Enhance Digital Asset Risk Management

Moody's, a financial research company, has announced a strategic alliance with blockchain analytics company Elliptic to strengthen 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 enterprises. The solution utilizes Elliptic's real-time on-chain data to classify the risk of illegal activity in digital asset transactions and combines it with Moody's off-chain data in an integrated risk engine.