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

coindesk
2026.05.12 14:05
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Blockchain analytics firm Elliptic has raised $120 million in a funding round led by One Peak, valuing the company at $610 million. The investment, backed by Nasdaq Ventures and Deutsche Bank, comes in response to a rise in crypto hacks, with nearly $3 billion stolen since early 2025. Elliptic plans to utilize the funds to enhance its AI-driven monitoring and risk analysis as the market for stablecoins and tokenized assets expands.