Elliptic, a digital asset analytics startup, has raised £90 million in a Series D led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank and the British Business Bank. The round values Elliptic at $670 million. Funding will be used to expand Elliptic’s on-chain analytics and compliance platform for banks, fintechs, government agencies and crypto and payments companies.
Founded in 2013, Elliptic has built a proprietary dataset covering more than 65 blockchains through continuous collection and labelling of assets and entities. The platform processes contextual information on blockchain transactions to help customers automate investigations, resolve alerts more quickly and monitor activity in real time.
Compliance teams using the platform can direct human review towards higher-risk cases while reducing the operational cost of investigations as transaction volumes increase. Elliptic said its platform screens more than 1 billion transactions a week for more than 700 customers across 30 countries.
Stablecoins processed $33 trillion in transactions during 2025, according to Elliptic. The business said stablecoins and tokenised assets are becoming part of the infrastructure used to move value globally, increasing demand for compliance systems that can monitor digital asset activity at scale.
Two thirds of global crypto volume is transacted on exchanges that already use Elliptic, according to the business. Existing investors AlbionVC, Evolution Equity Partners and J.P. Morgan also continue to back the business.
As digital assets become more embedded in the global financial system, institutions need trusted infrastructure to manage compliance and risk at scale. Elliptic’s platform plays an important role in providing that infrastructure, helping firms navigate digital asset adoption with confidence and integrity.
The sustainable growth of digital assets depends on strong, institutional-grade risk and compliance foundations. For Deutsche Bank, these frameworks are critical to supporting the responsible development of the digital asset ecosystem and reinforcing trust as the market evolves. Our investment in Elliptic reflects our focus on strengthening these foundations.
One Peak invests in category leaders and the signal we trust most is what customers say. We spoke to leading institutions from across all segments of the market, and they spoke with one voice: Elliptic is the leader in digital asset compliance, built on the industry’s most robust proprietary data, and it’s that data advantage that makes their AI genuinely market leading. Elliptic is the essential infrastructure for how stablecoins and tokenized assets move through the global financial system. That customer verdict is what drove our investment.
Financial systems are being rebuilt on-chain. The institutions leading that transition need an on-chain analytics partner that matches their scale, their sophistication, and their ambition. The participation of Nasdaq Ventures, Deutsche Bank, One Peak and the British Business Bank, and the continued confidence of AlbionVC, Evolution Equity Partners and J.P. Morgan is a clear signal of their belief in us as market leaders. We built Elliptic for exactly this moment, and this funding lets us move faster to meet it.
