Blockchain analytics firm Elliptic has secured $120 million in a Series D funding round led by One Peak, valuing the company at $670 million. Key investors include Nasdaq Ventures, Deutsche Bank, and Commercial Bank of Britain. The funds will be used to expand Elliptic's AI-driven blockchain analytics and transaction monitoring services, which are crucial as stablecoins and tokenized assets see increased institutional adoption. Elliptic's platform currently screens over one billion blockchain transactions weekly across more than 65 networks, serving over 700 customers in 30 countries. The company, founded in 2013, provides tools to help businesses comply with anti-money laundering regulations and track illicit activities on the blockchain. As the demand for real-time blockchain monitoring grows, Elliptic aims to enhance its AI compliance tools to meet the needs of banks, fintech companies, government agencies, and crypto businesses.