Elliptic Raises $120M to Expand AI Crypto Compliance Tools

Blockchain analytics company Elliptic raised $120 million in a Series D funding round backed by investors including Nasdaq Ventures, Deutsche Bank and the British Business Bank, as stablecoins and tokenized assets see broader institutional adoption.

The funding round, led by One Peak, values Elliptic at $670 million and will be used to expand its AI-driven blockchain analytics and transaction…