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Blockchain analytics firm Elliptic has closed a $120 million Series D funding round, pulling in some of the biggest names in traditional finance as institutional demand for crypto compliance tools continues to grow.
<cite>The round was led by One Peak Partners, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank, valuing the company at $670 million.</cite><cite>Existing investors AlbionVC, Evolution Equity Partners, and J.P. Morgan also participated.</cite>
<h2 id="what-elliptic-does">What Elliptic Does</h2>
<cite>Elliptic is a London-based blockchain analytics company that provides compliance and risk management tools to banks, crypto exchanges, fintech firms, and government agencies.</cite><cite>Founded in 2013, the company has spent over a decade building a proprietary dataset spanning more than 65 blockchains.</cite> Its core product suite covers anti-money laundering (AML), sanctions screening, and transaction monitoring across crypto markets.
<cite>Elliptic screens over 1 billion transactions a week for more than 700 customers across 30 countries.</cite><cite>The firm was first to bring AI-native compliance to enterprise scale in 2025, positioning it as a fundamentally different way to run compliance operations.</cite>
<h2 id="why-the-raise-matters">Why the Raise Matters</h2>
The investor lineup signals how seriously mainstream financial institutions are taking on-chain compliance infrastructure. <cite>The backers are among the most consequential institutions in global finance, collectively responsible for trillions in daily market activity, and their participation is seen as a signal of where the financial system is heading.</cite>
<cite>In 2025, stablecoins processed $33 trillion in transactions.</cite> That scale makes automated, real-time compliance no longer optional for institutions operating in digital asset markets. <cite>The new capital will be used to accelerate Elliptic's mission to deliver enterprise-grade on-chain analytics to the world's largest banks, fintechs, government agencies, and crypto and payments companies.</cite>
<cite>Specifically, the funding will support growth of Elliptic's AI-native compliance tools and the development of the company's agentic product roadmap.</cite><cite>The goal is a compliance operation that resolves alerts in minutes rather than hours, with human judgment reserved for where it genuinely matters.</cite>
Sources: <a href="https://www.elliptic.co/media-center/elliptic-secures-120-million-investment" rel="noopener noreferrer nofollow">Elliptic official press release: $120 million Series D announcement</a> <a href="https://www.bloomberg.com/news/articles/2026-05-12/deutsche-bank-nasdaq-back-crypto-firm-elliptic-in-120-million-round" rel="noopener noreferrer nofollow">Bloomberg: Deutsche Bank, Nasdaq Back Crypto Firm Elliptic in $120 Million Round</a> <a href="https://www.pymnts.com/news/investment-tracker/2026/elliptic-raises-120-million-to-bring-blockchain-analytics-to-big-banks/" rel="noopener noreferrer nofollow">PYMNTS: Elliptic Raises $120 Million to Bring Blockchain Analytics to Big Banks</a>

Elliptic Raises $120m From Wall Street Giants Including Jpmorgan, Nasdaq

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