Blockchain analytics and compliance platform Elliptic raised $120M in Series D led by One Peak, backed by Nasdaq Ventures, Deutsche Bank, and British Business Bank.
VC & Fundraising ·
Blockchain analytics firm Elliptic secured $120 million in Series D funding at approximately $670 million valuation, with the round led by One Peak Partners and joined by Deutsche Bank, Nasdaq Ventures, the British Business Bank, and existing backer JPMorgan. The firm, established in 2013, offers transaction monitoring, anti-money laundering, and sanctions compliance solutions to financial institutions and law enforcement agencies.
The funding round reflects expanding institutional appetite for blockchain compliance infrastructure. Traditional financial players—including a major global bank and a leading exchange operator—are deepening commitments to the crypto sector through direct investment in core tooling. The participation of both legacy finance and public market entities signals convergence around regulatory and compliance standards for digital assets.
The round does not clarify deployment plans for the capital or near-term product roadmap. Elliptic's competitive positioning within a crowded analytics space and the specific use cases that drove institutional demand remain unstated in available reports.