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Elliptic Raises About 18.8 Billion Yen From Nasdaq Ventures, Deutsche Bank and Others

The blockchain analytics firm secured fresh funding from backers including Nasdaq Ventures and Deutsche Bank, highlighting continued institutional interest in crypto compliance and transaction-monitoring tools.

Summary

Blockchain analytics firm Elliptic said it raised about 18.8 billion yen in new funding from investors including Nasdaq Ventures and Deutsche Bank. The deal points to sustained demand for blockchain analytics, a segment used by financial institutions and crypto businesses to trace digital asset flows, support compliance, and identify potential illicit activity on public blockchains.

Terms & Concepts
  • blockchain analytics: Tools and services that examine public blockchain data to trace transactions, identify wallet activity, and support compliance investigations.
  • public blockchain: A distributed ledger that is openly accessible, allowing transactions to be viewed and verified by network participants.
  • compliance: Processes used by firms to meet legal and regulatory requirements, including monitoring transactions and managing financial crime risk.