Elliptic Secures $120 Million Funding Boost From Nasdaq Ventures, Deutsche Bank, Other Institutional Investors
Elliptic, the London-based firm widely regarded as the global leader in digital asset decisioning, has announced the close of a $120 million Series D funding round, valuing the company at $670 million. The round was led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank, a lineup that reads like a who’s who of global institutional finance.
The Elliptic $120 million Series D funding is one of the most consequential raises in the digital asset compliance space to date. It arrives as stablecoins and tokenised assets move from the periphery to the centre of global financial infrastructure. In 2025 alone, stablecoins processed $33 trillion in transactions, and the institutions facilitating that volume need real-time, enterprise-grade compliance to operate safely and ahead of regulatory expectations. Elliptic is positioned to provide exactly that.
Founded in 2013, Elliptic has spent over a decade building what it describes as the deepest proprietary dataset in the industry, covering more than 65 blockchains and spanning continuous collection and labelling of assets and entities. That data foundation now powers an AI-native compliance platform that screens over one billion transactions every week for more than 700 customers across 30 countries. Two thirds of global crypto volume is transacted on exchanges that already rely on Elliptic’s infrastructure.
Gary Offner, Senior Vice President and Head of Nasdaq Ventures, said institutions need trusted infrastructure to manage compliance and risk as digital assets become more embedded in the global financial system, adding that Elliptic’s platform plays an important role in helping firms navigate digital asset adoption with confidence and integrity.
Deutsche Bank’s Global Head of Digital Assets and Currencies Transformation, Sabih Behzad, framed the bank’s participation around the need for institutional-grade risk foundations, stating that the sustainable growth of digital assets depends on strong compliance frameworks, and that the investment reflects Deutsche Bank’s focus on strengthening those foundations.
For the British Business Bank, the deal is a demonstration of its Growth Partnership mandate in action. Managing Director of Direct Equity Charlotte Lawrence noted that Elliptic pioneered blockchain analytics for compliance and has cemented its status as a global leader, with the investment designed to deliver long-term value for UK pension funds while backing a British technology scale-up.
Elliptic CEO Simone Maini said financial systems are being rebuilt on-chain and that the institutions leading that transition need an analytics partner that matches their scale and ambition. She added that the continued confidence of existing investors including AlbionVC, Evolution Equity Partners, and J.P. Morgan reinforces Elliptic’s position as a market leader built for this precise moment.
The Elliptic $120 million Series D funding will be used to accelerate the company’s mission of delivering enterprise-grade on-chain analytics to the world’s largest banks, fintechs, government agencies, and crypto and payments businesses. With AI-native compliance now central to its offering, launched at enterprise scale in 2025, the fresh capital is expected to extend Elliptic’s lead in an increasingly contested and high-stakes market.
