Blockchain analytics firm Elliptic secures $120 million in Series D funding, elevating its valuation to $670 million.
Blockchain analytics provider Elliptic raised $120 million in a Series D funding round, valuing the company at approximately $670 million. The round was led by One Peak Partners, with participation from Deutsche Bank, Nasdaq Ventures, and the British Business Bank, alongside existing investors like JPMorgan.
Founded in 2013, Elliptic offers transaction monitoring, anti-money laundering (AML), and sanctions compliance tools tailored for financial institutions and law enforcement agencies. The funding follows growing demand for regulatory technology in the digital asset space.
The investment underscores institutional confidence in blockchain compliance solutions amid increasing scrutiny of cryptocurrency transactions.