Elliptic Raises $120 Million at About $1.05 Billion Valuation

Elliptic said it raised about 18.8 billion yen in a Series D led by OnePeak, with backers including Nasdaq Ventures and Deutsche Bank, underscoring demand for blockchain analytics and compliance tools.

Fact Check
All three sources, including the official Elliptic Series D press release hosted at tbstat.com, The Block, and crypto.news, consistently confirm the core claim: Elliptic raised $120 million at approximately $670 million valuation. Deutsche Bank and Nasdaq (Ventures) are confirmed as investors in all sources. The lead investor is One Peak Partners. The claim's headline figures and named institutional backers are fully corroborated by the official press release and two independent news outlets.
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Summary

Elliptic, a blockchain analytics and compliance firm, completed a $120 million Series D funding round at about a $1.05 billion valuation, updating the previously reported valuation of about $670 million. The company said it screens more than 1 billion transactions each week. Investor details across the two topic versions indicate backing from OnePeak as lead investor, with participants including Nasdaq Ventures, Deutsche Bank and British Business Bank. The funding highlights continued institutional demand for blockchain monitoring, risk management and compliance infrastructure used by financial institutions and crypto businesses.

Terms & Concepts
  • blockchain analytics: Technology, tools and services used to analyze public blockchain transaction data for compliance, investigations, risk management and tracing digital asset flows.
  • compliance: Processes and controls used to meet legal and regulatory requirements, including monitoring digital asset transactions and managing financial crime risk.
  • valuation: An estimate of a company’s worth, often reflected by the price investors assign in a funding round.