Blockchain analytics and crypto compliance company Elliptic has secured $120 million in a Series D funding round, pushing the firm’s valuation to approximately $670 million as institutional demand for digital asset compliance infrastructure continues to grow.
The funding round was led by investment firm One Peak, with participation from major financial institutions including Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Existing investors such as JPMorgan Chase and AlbionVC also joined the round.
Founded in 2013, Elliptic provides blockchain analytics, anti-money laundering (AML), sanctions screening, and crypto transaction monitoring tools for financial institutions, crypto exchanges, regulators, and law enforcement agencies. The company says it currently supports more than 700 customers globally and screens over one billion crypto transactions each week.
Institutional Interest in Crypto Compliance Accelerates
The latest investment highlights growing institutional confidence in digital asset infrastructure providers as banks and traditional finance firms expand their crypto-related operations. Increased regulatory scrutiny across jurisdictions such as Europe and the United States has intensified demand for blockchain intelligence and compliance tools.
According to the company, the new capital will be used to scale its artificial intelligence-powered analytics platform, expand international operations, and strengthen support for stablecoin monitoring and on-chain risk management.
Simone Maini, CEO of Elliptic, said the participation of major financial institutions signals confidence in the company’s role within the evolving financial ecosystem. In a company announcement, Maini stated that “financial systems are being rebuilt on-chain,” emphasizing the increasing importance of blockchain analytics infrastructure for global institutions.
Traditional Finance Expands Digital Asset Exposure
The investment also reflects a broader trend of traditional financial institutions increasing exposure to crypto and blockchain technology. Over the past two years, major banks and financial firms have expanded digital asset services, including tokenization, custody, stablecoin infrastructure, and crypto trading support. This shift has created rising demand for regulatory technology providers capable of monitoring blockchain transactions and identifying illicit financial activity.
Elliptic has previously received backing from firms including SoftBank Vision Fund, Wells Fargo, and HSBC. In 2025, HSBC also made a strategic investment in the company, further strengthening Elliptic’s ties with global banking institutions.
Industry analysts view the latest fundraising round as another sign that blockchain analytics and compliance services are becoming essential components of the digital asset economy, particularly as regulators introduce stricter oversight frameworks for crypto businesses and stablecoin issuers.
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