Elliptic was an early mover in this space and its customizable platform is trusted by financial institutions of all sizes. We are pleased to support Simone and the Elliptic team in their mission to enable safe crypto adoption globally," said SoftBank investment advisor Neil Cunha-Gomes. This is Softbank's latest investment in the cryptocurrency space. However, it made its biggest splash last month when it invested $200 million in cryptocurrency exchange Mercado Bitcoin. The figure valued the Brazilian exchange, which claims a 2.8 million client base, at $2.1 billion. Softbank also participated in the $26 million funding of Brazil's Hashdex, but it did not lead the round. Additionally, the bank is eyeing the security token industry, having joined the Japan Security Token Association as a member in January. Elliptic's flagship product helps banks to assess hundreds of crypto exchanges operating worldwide.