Nasdaq Ventures, Deutsche Bank back Elliptic in $120M funding round
Burns Brief
The blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms.
Key Takeaways
- The blockchain analytics company said the funding will support expansion of AI-powered compliance and transaction monitoring software for banks and crypto firms