Deutsche Bank, Nasdaq Back Crypto Firm

Blockchain analytics firm Elliptic Enterprises Ltd. has secured $120 million in a new funding round, with significant backing from Deutsche Bank AG and Nasdaq Inc.'s venture capital arm. This substantial investment highlights the growing interest and confidence of major financial institutions in the burgeoning digital asset sector. The funding will likely be used to enhance Elliptic's capabilities in providing crucial analytics and compliance solutions for the cryptocurrency market, supporting the expansion of digital asset offerings by traditional financial players.