TechFlow News, May 12: According to Bloomberg, London-based blockchain analytics firm Elliptic Enterprises Ltd. has secured $120 million in a new funding round, led by One Peak Partners LLP, with participation from Deutsche Bank’s and Nasdaq’s venture capital arms. Following this round, the company’s valuation stands at $670 million. Simone Maini, CEO of Elliptic, stated that the funds will be used to scale service adoption and expand the company’s global business footprint. Against the backdrop of this financing round, major traditional financial institutions are continuing to intensify their strategic investments in the digital assets space.
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