Blockchain analytics company Elliptic Enterprises Ltd. has successfully raised $120 million in a recent funding round. According to Bloomberg, this investment was supported by Deutsche Bank AG and the venture arm of Nasdaq Inc. The funding comes as major financial institutions continue to broaden their digital asset services.
Elliptic Enterprises Ltd. specializes in blockchain analytics, providing insights and solutions for the digital asset sector. The involvement of Deutsche Bank AG and Nasdaq Inc. highlights the growing interest and commitment of established financial entities in the digital asset space. This funding round marks a significant step for Elliptic in expanding its capabilities and reach within the industry.