Blockchain analytics firm Elliptic raises $120 million in a Series D funding round, according to multiple outlets. The company says the round is announced on May 12 and values Elliptic at $670 million. Bloomberg and other reports describe the backing as coming from Deutsche Bank and Nasdaq Inc.’s venture arm, Nasdaq Ventures, with the funding round led by One Peak, based on PYMNTS. Cointelegraph adds that Elliptic plans to use the capital to expand AI-powered compliance and transaction monitoring tools for banks and crypto-related firms. PYMNTS similarly frames the effort as bringing blockchain analytics to large banks, FinTechs, government agencies, and crypto and payment companies. Overall, the coverage links the new funding to growing interest from traditional financial institutions in digital-asset services, with Deutsche Bank and Nasdaq increasing their involvement in crypto-adjacent businesses. Elliptic’s CEO, Simone Maini, is also mentioned in connection with Bloomberg’s coverage of the raise.
Elliptic Raises $120 Million in Series D Backed by Deutsche Bank and Nasdaq
Blockchain analytics firm Elliptic raises $120 million in a Series D funding round, according to multiple outlets. The company says the round is announced on May 12 and values Elliptic at $670 million...
- Elliptic raises $120 million in a Series D funding round announced May 12.
- The round values Elliptic at $670 million.
- Deutsche Bank and Nasdaq Ventures back the funding, with One Peak leading the round.
- The company plans to expand blockchain analytics, including compliance and transaction monitoring software.
- The funding targets adoption by banks and other financial and crypto-related organizations.
Blockchain analytics company Elliptic has raised $120 million in new funding. The company says its Series D round, announced Tuesday (May 12), values Elliptic at $670 million and will help it further its mission of providing analytics to big banks, FinTechs, government agencies and crypto and payment companies. The round was led by One Peak, with contributions from Nasdaq Ventures, Deutsche […] The post Elliptic Raises $120 Million to Bring Blockchain Analytics to Big Banks appeared first on PYMNTS.com.
3 months agoSimone Maini, CEO of Elliptic, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Blockchain analytics firm Elliptic Enterprises has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.’s venture arm, as large financial institutions expand their digital-asset offerings. (Source: Bloomberg)
3 months agoElliptic raised $120M in a Series D at $670M valuation backed by Deutsche Bank and Nasdaq Ventures as TradFi splurges more on crypto bets.
3 months agoBlockchain analytics firm Elliptic Enterprises Ltd. has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.’s venture arm, as large financial institutions expand their digital-asset offerings.
3 months agoThe blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms.
3 months ago
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