Analytics company Elliptic has announced the integration of Layer 1 Blockchain Mantra in his extensive series of compliance and research solutions. The integration unites block chains in a single financial network that is monitored in real time, making the mantra blockchain available for more than 500 large financial institutions via Elliptic’s Suite of Products.
With Elliptic’s technical expertise, block chains such as Mantra can be quickly connected, which offers access to AML solutions in just 45 days. As more blockchain funds integrate with Elliptic, the availability of crypto ecosystem data is extended -an important step in maintaining a safe and transparent industry. One of the most common methods for money laundering of cryptocurrency is to transfer assets over multiple block chains. By integrating with elliptical, funds get access to AML solutions with which they can follow cross-chain transactions and identify potential risks.
Mantra exists to bring the global financial ecosystem to the chain by becoming the preferred book for Real-World Asset (RWA) tokenization in industries and asset classes. Mantra chain is a specially built layer of 1 blockchain that is able to meet real legal requirements and enables companies, governments and developers to safely token RWAs using institutional grade infrastructure.
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