Blockchain Analytics Firm Elementus Triples in Valuation Despite Crypto Winter

“Last year has thrown into the limelight the tremendous importance of comprehension, auditability and transparency of blockchains,” said Elementus CEO Max Galka in the press release. “As the broader crypto industry seeks to emerge from a tough year, it will be critical to do so in a way that foments trust, reliability and security among both users and businesses operating in this still-nascent market. This new strategic investment from ParaFi allows us to continue building the world’s most advanced industrial-grade blockchain data solutions in the world that will help return confidence and transparency to blockchain-based businesses.”