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Blockchain analytics company Elliptic completes $120 million funding, led by One Peak Partners
BlockBeats News, May 12 — According to Bloomberg, blockchain analytics company Elliptic raised $120 million in a new funding round, supported by Deutsche Bank and Nasdaq’s venture capital division, reflecting how major financial institutions are expanding their digital asset business portfolios.
This funding round was led by investment firm One Peak Partners, valuing the startup at $670 million, the company announced on Tuesday. London-based Elliptic stated it will use the new funds to expand the scope of its services and grow its global market presence.