[Blockchain Analysis Firm Elliptic Secures $120 Million in Funding, Valuation Reaches $670 Million] According to Bloomberg, blockchain analysis firm Elliptic has completed a new $120 million funding round, with its latest valuation reaching approximately $670 million. The round was led by investment firm One Peak Partners, with participation from Deutsche Bank, Nasdaq's venture arm, and British Business Bank. Existing shareholders such as JPMorgan Chase also continued to invest. Founded in 2013, Elliptic provides cryptocurrency transaction monitoring and anti-money laundering/sanctions compliance tools for financial institutions and law enforcement agencies. Currently, the company screens over 1 billion transactions weekly for more than 700 clients, supporting compliance operations required for major banks, asset management firms, and fintech companies to conduct digital asset business.