Blockchain analytics firm Elliptic has successfully closed a $120 million Series D funding round, achieving a pre-money valuation of $670 million. The round was spearheaded by One Peak, with significant participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Returning investors including JPMorgan, Evolution Equity Partners, and AlbionVC also contributed, marking a continued vote of confidence from major financial institutions.
Founded in 2013 and headquartered in London, Elliptic operates globally with offices in major cities such as New York, Dubai, and Singapore. The company specializes in digital asset data and intelligence, helping banks, exchanges, and government agencies monitor cryptocurrency transactions and detect illicit activities like money laundering and sanctions evasion. Elliptic’s platform covers over 65 blockchains, screening more than 1 billion transactions weekly for over 700 customers across 30 countries. The firm notes that two-thirds of global crypto trading occurs on exchanges that utilize its services, positioning it as a critical compliance backbone as digital assets integrate into traditional finance.
CEO Simone Maini emphasized that financial systems are being rebuilt on blockchain technology and that institutions require a scaled analytics partner. Charlotte Lawrence of the British Business Bank highlighted that institutional adoption of digital assets is accelerating, driving unprecedented demand for scalable compliance solutions. The fresh capital will enable Elliptic to expand its global footprint and accelerate adoption of its services. The involvement of Deutsche Bank and Nasdaq underscores the deepening Wall Street commitment to crypto infrastructure, with Deutsche Bank having recently provided banking services to crypto exchange Bullish and Nasdaq exploring tokenized equity products.
