According to Bloomberg, blockchain analytics company Elliptic has raised $120 million in funding, with a latest valuation of approximately $670 million. This round of financing is led by One Peak Partners, with participation from Deutsche Bank, Nasdaq Ventures, and British Business Bank, and original shareholders such as JPMorgan Chase. Established in 2013, Elliptic provides encrypted transaction monitoring, anti money laundering, and sanction compliance tools, screening over 1 billion transactions per week for over 700 clients.