Blockchain analytics firm Elliptic has raised $120 million in a funding round led by growth equity firm One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. The London-based company is now valued at $610 million.
The investment comes as crypto markets grapple with nearly $3 billion in stolen assets since early 2025 due to smart contract exploits, phishing attacks, and cross-chain bridge breaches. Regulators are intensifying pressure on exchanges and banks to tighten anti-money laundering controls.
Elliptic’s software tracks transactions across dozens of blockchains, flagging wallets linked to sanctions, fraud, or ransomware. The company says two-thirds of global crypto trading volume flows through exchanges that already use its services.
CEO Simone Maini stated the funds will accelerate the company's agentic product roadmap, launching AI-driven agents that automate manual compliance tasks, freeing analysts to focus on deep investigations into financial crime.
Stablecoins accounted for roughly $33 trillion in transactions last year, and large financial firms are exploring tokenized securities and blockchain-based settlement, increasing demand for real-time monitoring solutions.