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

The crypto analytics firm plans to expand its AI-powered monitoring tools as stablecoins and tokenized finance grow rapidly, CEO Simone Maini said.\nWhat to know : Blockchain analytics firm Elliptic raised $120 million in a funding round led by One Peak, valuing the London-based company at $610 million and drawing backing from investors including Nasdaq Ventures and Deutsche Bank. The investment comes after a surge in crypto hacks that's seen nearly $3 billion stolen since the start of 2025 and amid mounting regulatory pressure on exchanges and banks to strengthen anti-money laundering and security controls. Elliptic plans to use the new capital to expand its AI-driven monitoring and risk analysis as stablecoins, tokenized assets and institutional blockchain projects grow.