Elliptic Raises $120M With Bank Backing

Blockchain analytics firm Elliptic has secured $120 million in a new funding round, co-led by Deutsche Bank AG and Nasdaq Inc.'s venture arm. This significant investment highlights growing institutional interest in digital asset infrastructure and services. The funding will likely accelerate Elliptic's expansion and product development, supporting financial institutions as they navigate the complexities of the cryptocurrency market and enhance their digital-asset offerings.