Elliptic banked €110M ($120M) in a Series D funding round led by One Peak. The oversubscribed round includes strategic investment from Deutsche Bank and Nasdaq Ventures, signalling continued institutional appetite for compliance infrastructure in the digital asset space.
The London-headquartered company provides blockchain analytics and risk management solutions to financial institutions and crypto businesses. Its platform identifies illicit activity across thousands of cryptoassets by mapping blockchain transactions to real-world entities, enabling customers to comply with anti-money laundering (AML) and "know your customer" (KYC) regulations.
This latest capital injection follows a period of expansion for the firm as global regulators tighten oversight of the cryptocurrency sector. The participation of traditional financial heavyweights like Deutsche Bank suggests a deepening integration between legacy banking systems and decentralized finance protocols requiring rigorous audit trails.
As the European Union’s Markets in Crypto-Assets (MiCA) regulation begins to take effect, the demand for sophisticated monitoring tools highlights a broader shift toward institutional-grade security within the regional blockchain ecosystem.
Originally reported by Tech Funding News.