Blockchain analytics firm Elliptic closes $120 million Series D as Deutsche Bank, Nasdaq deepen crypto bets

Elliptic raised $120 million in a Series D funding round at a valuation of $670 million, backed by investors including Deutsche Bank and Nasdaq Ventures, as traditional finance increases its investment in cryptocurrency. The funding round highlights growing interest in blockchain analytics. Elliptic's valuation reflects the firm's potential in the crypto space.