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The Nexus
BUSINESSMay 12 · 13:30 UTCCOINDESKKrisztian Sandor

Elliptic raises $120 million backed by Nasdaq, Deutsche Bank as AI reshapes crypto security

Elliptic has raised $120 million in funding backed by major investors Nasdaq and Deutsche Bank, as AI continues to reshape crypto security. This investment highlights the growing importance of AI in the cryptocurrency sector. The funding will likely be used to further develop Elliptic's AI-based security solutions.

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