Blockchain analytics firm Elliptic raised $120 million in a funding round led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank, valuing the company at $610 million. The investment reflects rising institutional demand for crypto compliance and security infrastructure amid a surge in crypto-related hacks, which have seen nearly $3 billion stolen since the start of 2025. Elliptic’s software monitors transactions across dozens of blockchains, flagging wallets tied to sanctions, fraud, or ransomware, and is used by exchanges and banks representing two-thirds of global crypto trading volume. CEO Simone Maini stated the funds will accelerate the development of AI-powered 'agentic' tools to automate manual compliance tasks, addressing the growing threat of AI-driven attacks and the rapid expansion of stablecoins and tokenized assets, which accounted for $33 trillion in transactions last year.

Key facts

• Elliptic raises $120M, led by One Peak, valuing company at $610M.
• Investors include Nasdaq Ventures, Deutsche Bank, British Business Bank.
• Nearly $3B stolen in crypto hacks since early 2025.
• Funds to expand AI-driven compliance automation tools.
• Stablecoin transactions hit $33 trillion last year.