Elliptic lands $120 million funding round backed by JPMorgan, Deutsche Bank, and Nasdaq
Blockchain analytics firm Elliptic has raised $120 million in a funding round led by One Peak Partners.Summary
London-based blockchain analytics firm Elliptic has secured $120 million in a new funding round, valuing the company at $670 million. The round was led by One Peak Partners and included participation from Deutsche Bank, Nasdaq Ventures, JPMorgan Chase, British Business Bank, and AlbionVC.
Since its inception in 2013, Elliptic has specialized in providing compliance, transparency, and risk management tools for the digital asset industry. As a recognized Technology Pioneer by the World Economic Forum, the firm monitors a vast majority of global digital asset trading activity to prevent financial crime.
CEO Simone Maini stated that the new capital will be used to expand the company's global footprint and scale the adoption of its compliance tools. This growth comes at a time of increased institutional interest in crypto infrastructure and a more supportive regulatory environment for digital assets.
(Source：Crypto Briefing)