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Elliptic Appoints New Senior Executives and Expands Teams in New York and London

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It is reported that Elliptic, a crypto asset risk management company, announced the appointment of two new senior executives. Barry Chubrik, the former chief f…

Elliptic Appoints New Senior Executives and Expands Teams in New York and London

It is reported that Elliptic, a crypto asset risk management company, announced the appointment of two new senior executives. Barry Chubrik, the former chief financial officer/chief operating officer of RangeForce, will serve as the chief financial officer, and Sophie Froment, the former executive of Electronic Arts, will serve as the chief human resources officer. Elliptic also announced that it would expand its teams in New York and London. The company completed the $60 million round C financing led by Evolution Equity Partners and invested by Digital Currency Group in September 2021. Jackson Hull was appointed as the chief technology officer last year. （crowdfundinsider）

Elliptic, a crypto asset risk management company, appointed two new executives as CFO and CPO

Interpretation of the news:


Elliptic, a leading crypto asset risk management company, recently announced the appointment of two new senior executives. Barry Chubrik, the former CFO/COO of RangeForce, has joined the company as the new chief financial officer, and Sophie Froment, a former executive at Electronic Arts, has been appointed as the new chief human resources officer. The company has also revealed plans to expand its teams in New York and London.

The appointment of Chubrik and Froment reflects Elliptic’s commitment to strengthening its leadership team and accelerating its growth strategy. Chubrik, who brings extensive experience in finance and operations, will be responsible for managing the financial health of the business, while Froment will focus on developing and executing a people strategy to support the company’s expansion plans. These new hires will work closely with Jackson Hull, who was appointed as the chief technology officer last year.

Elliptic’s decision to expand its teams in two of the world’s major financial centers signals its confidence in the growth potential of the crypto asset market. The company provides risk management solutions to businesses dealing with cryptocurrencies, enabling them to prevent money laundering, fraud, and other illicit activities. The expansion of its teams will help the company keep pace with the fast-evolving crypto landscape and meet the growing demand for its services.

The recent round C financing, which saw Elliptic raise $60 million led by Evolution Equity Partners and Digital Currency Group, has also given the company the financial firepower to pursue its expansion plans aggressively. The funding will help Elliptic invest in new technologies, expand its product offerings, and grow its teams in key markets.

In conclusion, Elliptic’s announcement of new senior hires and plans for expansion underpins the company’s commitment to innovation and growth in the crypto asset market. The appointment of experienced executives and expansion of teams in key markets will help Elliptic stay ahead of the curve and meet the evolving needs of businesses operating in the rapidly evolving crypto landscape.

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