Elliptic Raises $120 Million at $670 Million Valuation as Deutsche Bank, Nasdaq Back Round
Updated
Updated · Bloomberg · May 12
Elliptic Raises $120 Million at $670 Million Valuation as Deutsche Bank, Nasdaq Back Round
1 articles · Updated · Bloomberg · May 12
$120 million in new funding gives London-based Elliptic fresh capital to expand adoption of its blockchain analytics services and grow its global footprint.
One Peak Partners led the round, which valued the startup at $670 million, with Deutsche Bank and Nasdaq's venture arm joining as backers.
The investment comes as large financial institutions broaden digital-asset offerings, increasing demand for compliance and transaction-tracing tools.
As surveillance tech like Elliptic's becomes standard, is crypto's promise of decentralized finance being sacrificed for institutional acceptance?
Banks and regulators are betting on crypto surveillance. What does this mean for the future of financial privacy?
With AI now summarizing wallet risks, how long until compliance bots make human analysts in crypto finance obsolete?
Elliptic Raises $120 Million in Series D, Pushing Valuation to $670 Million as Digital Asset Compliance Surges
Overview
Elliptic, a leader in digital asset compliance, has secured $120 million in a Series D funding round led by One Peak Partners, with major backing from Deutsche Bank and Nasdaq’s venture arm. This investment boosts Elliptic’s valuation to $670 million and reflects growing confidence in companies that provide secure and compliant infrastructure for digital assets. The funding will help Elliptic expand globally, accelerate product development, and strengthen its position as a pioneer in blockchain analytics, supporting the mainstream integration of cryptocurrencies and blockchain technology amid increasing regulatory demands.