Elliptic Raises $120 Million at About $1.05 Billion Valuation

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.

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