Trending Now - Elliptic Secures $120M in Funding, Boosting Valuation to $670M

WHO:

Techmeme - Elliptic Enterprises Ltd., a London-based blockchain analytics company, raised funding led by One Peak Partners, with backing from Deutsche Bank AG and Nasdaq Ventures.

WHAT:

Techmeme - Elliptic raised $120 million in a new funding round.

Cointelegraph - The funding will support the expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms.

Techmeme - Elliptic screens over 1 billion transactions per week.

WHERE:

Techmeme - The company is based in London.

WHEN:

Cointelegraph - The funding round occurred in the current year.

WHY:

Cointelegraph - The funding aims to enhance compliance and transaction monitoring capabilities for financial institutions.

HOW:

Cointelegraph - The funding will be utilized to develop AI-powered software solutions.

(UPDATED May 12, 2026 23:25 UTC)

Elliptic Enterprises Ltd., a London-based blockchain analytics company, has successfully raised $120 million in a funding round led by One Peak Partners, with support from Deutsche Bank AG and Nasdaq Ventures. The funding will be used to enhance AI-powered compliance and transaction monitoring software for banks and crypto firms, as Elliptic screens over one billion transactions each week. This investment aims to bolster the compliance capabilities of financial institutions in an increasingly complex regulatory landscape.