Elliptic’s latest funding round brings Nasdaq Ventures and Deutsche Bank deeper into the infrastructure behind digital asset compliance. The company closed a $120 million Series D led by One Peak, valuing the blockchain analytics provider at $670 million. The round also included participation from the British Business Bank, with continued backing from AlbionVC, Evolution Equity Partners, and J.P. Morgan.
Founded in 2013, Elliptic provides on-chain analytics and compliance software for banks, fintechs, government agencies, crypto companies, and payments firms. The company said the new funding will support the expansion of its enterprise-grade analytics platform as digital assets, stablecoins, and tokenized assets move further into mainstream financial infrastructure.
Elliptic’s platform is built on more than a decade of proprietary blockchain data spanning more than 65 blockchains. According to the company, its software screens more than 1 billion transactions each week for more than 700 customers in 30 countries. Elliptic also said exchanges relying on its technology account for two-thirds of global crypto volume.
The funding comes as stablecoins and tokenized assets become a larger part of global payments and financial operations. Elliptic cited $33 trillion in stablecoin transactions in 2025, adding that real-time compliance has become an operational requirement for exchanges, payments firms, and corporate treasury teams working with digital asset rails.
“As digital assets become more embedded in the global financial system, institutions need trusted infrastructure to manage compliance and risk at scale,” said Gary Offner, Senior Vice President and Head of Nasdaq Ventures. Elliptic CEO Simone Maini said “financial systems are being rebuilt on-chain,” adding that the company’s new funding will help it move faster as institutions adopt digital asset infrastructure.
