9 Articles
9 Articles
Elliptic raises $120M at $670M valuation as Nasdaq, Deutsche Bank back crypto compliance startup - Tech Startups
Crypto may have started as a financial system built outside traditional banking, but some of the biggest names in finance are now pouring money into the companies helping institutions police it. Elliptic, a London-based blockchain analytics and crypto compliance startup, […] The post Elliptic raises $120M at $670M valuation as Nasdaq, Deutsche Bank back crypto compliance startup first appeared on Tech Startups.
Elliptic reels in $120M for its cryptocurrency analytics platform
Elliptic Enterprises Ltd., a startup that helps crypto industry players detect illicit blockchain transactions, has raised $120 million in late-stage funding. The startup stated in its announcement of the Series D round today that growth equity firm One Peak was the lead investor. Nasdaq Ventures, Deutsche Bank and the British Business Bank contributed as well. […] The post Elliptic reels in $120M for its cryptocurrency analytics platform appear…
Key points of the news elliptic secured $120 million in a new round of funding led by One Peak, with the participation of Nasdaq Ventures and Deutsche Bank, as institutional demand for crypto compliance tools grows. The company plans to expand its blockchain monitoring systems powered by artificial intelligence in the face of increased stables and tokenized assets. The round also reflects how large financial institutions increasingly view crypto…
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