Elliptic boosts AI compliance expansion with $120m raise

By Parth Prabhudesai

Elliptic has raised US$120 million in a Series D funding round, valuing the blockchain analytics and digital asset compliance firm at approximately $670 million.

The round was led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank and British Business Bank.

The company said the new funding will support the expansion of its enterprise-grade on-chain analytics and compliance solutions for banks, FinTech firms, payment companies, digital asset businesses and government agencies globally.

Founded in 2013, Elliptic provides blockchain monitoring and compliance tools that help organisations detect financial crime risks and manage regulatory obligations in digital asset transactions. The company said it currently screens more than one billion transactions every week across over 65 blockchains for more than 700 customers in 30 countries.

Elliptic also highlighted its AI-native compliance platform, launched in 2025, which uses proprietary blockchain data and artificial intelligence to automate investigations, improve decision-making speed and reduce operational costs.

Gary Offner, Senior Vice President and Head of Nasdaq Ventures, said trusted compliance infrastructure is becoming increasingly important as digital assets gain broader adoption within the financial system.

“As digital assets become more embedded in the global financial system, institutions need trusted infrastructure to manage compliance and risk at scale,” Offner said.

Charlotte Lawrence, Managing Director of Direct Equity at the British Business Bank, said demand for scalable compliance technology continues to rise alongside institutional adoption of digital assets.

She added that Elliptic has established itself as a global leader in blockchain analytics by screening more than one billion transactions weekly across its international customer base.

The funding reflects continued investor interest in infrastructure providers supporting regulatory compliance, risk management and transparency across the growing digital asset ecosystem.