As the adoption of digital assets continues to grow, the importance of compliance with anti-money laundering (AML) and know-your-transaction (KYT) regulations has become increasingly apparent. Recognizing this necessity, RedotPay and YouHodler have both formed separate partnerships with the blockchain analytics firm Elliptic, aiming to fortify their compliance frameworks and safeguard their platforms against financial crimes.
RedotPay, a prominent crypto payment platform with a user base in over 180 countries, has integrated Elliptic’s blockchain analytics solutions to refine its compliance operations. The platform, which facilitates seamless crypto-to-fiat transactions for millions of merchants globally, faces unique challenges due to its expansive reach and substantial transaction volumes. These factors heighten the need for effective risk management strategies to combat illicit activities such as money laundering and fraud.
To address these challenges, RedotPay is employing Elliptic’s advanced tools, which include the Elliptic Lens for wallet screening and the Elliptic Navigator for transaction monitoring. This integration allows RedotPay to analyze transactions across multiple blockchains in real time, providing critical risk scoring and cross-chain tracing capabilities. The customizable nature of these tools enables RedotPay to tailor its risk thresholds according to its operational needs, thereby minimizing false positives and enhancing transaction monitoring efficiency.
This partnership not only aims to bolster RedotPay’s compliance posture but also positions the platform as a significant player in the crypto payments sector amid growing regulatory scrutiny. By utilizing Elliptic’s API, RedotPay can manage high transaction volumes effectively while staying aligned with global AML regulations.
On a parallel track, YouHodler, a Swiss-based fintech platform that specializes in crypto-backed lending and savings accounts, has renewed its collaboration with Elliptic. This partnership is essential for YouHodler as it navigates services like crypto-to-fiat conversions and stablecoin loans, which inherently carry risks that require diligent monitoring to curb financial crime.
With Elliptic’s support—covering over 97% of crypto assets by trading volume—YouHodler can perform comprehensive risk assessments across a variety of cryptocurrencies and tokens. By employing Elliptic’s real-time data insights, the platform ensures compliance with AML and sanctions regulations. The relationship, which began in 2020, has proven pivotal in enabling YouHodler to provide a secure environment for its users while expanding its service offerings.
CEO Ilya Volkov emphasized the significance of Elliptic’s technology in the fight against criminal activities, pointing out that this collaboration not only bolsters YouHodler’s reliability and transparency but also enhances its ability to track complex fund flows across blockchains—an essential capability for identifying indirect exposure to high-risk entities or sanctioned individuals.
These partnerships between RedotPay and YouHodler with Elliptic underscore the integral role of blockchain analytics within the crypto landscape. Established in 2013, Elliptic has positioned itself as a leader in crypto compliance, serving renowned clients like Coinbase, Binance, and Revolut. Its robust platform spans over 50 blockchains and thousands of assets, providing essential insights into transaction risks to help businesses navigate the intricate regulatory environment.
Moreover, Elliptic’s AI-driven copilot, launched recently, aims to streamline compliance processes by reducing the time required to manage risk alerts by 50%, thus allowing compliance teams to concentrate on critical cases. As the crypto industry grapples with increasing scrutiny, particularly with the notable rise in cross-chain criminal activities, partnerships with firms like Elliptic are becoming indispensable.
According to Elliptic’s 2025 report, cross-chain criminal activity has surged to an astounding $21.8 billion, marking a staggering 200% increase since 2023. This alarming statistic further corroborates the necessity for effective compliance tools in the evolving digital asset landscape.
By collaborating with Elliptic, both RedotPay and YouHodler are prioritizing the security of their platforms while also contributing to a more transparent and accountable crypto ecosystem. These alliances exemplify how advanced blockchain analytics can help reconcile technological advancements with regulatory compliance, fostering wider acceptance of digital assets as the web3 and crypto markets continue to mature. Such partnerships are crucial in cultivating trust and enabling businesses to operate confidently within a regulated framework.
