According to Bloomberg, blockchain analytics company Elliptic announced the completion of a $120 million new funding round, with a latest valuation of approximately $670 million. One Peak Partners led the investment, with Deutsche Bank, Nasdaq's venture capital arm, and the British Business Bank participating. Existing shareholders such as JPMorgan Chase continued to follow on. Elliptic was founded in 2013 and mainly provides on-chain transaction monitoring, anti-money laundering, and sanctions compliance tools for financial institutions and law enforcement agencies. The company stated that the current weekly transaction monitoring volume has exceeded 1 billion, with over 700 global clients.

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