Crypto accounting firm Cryptio raises $45 million in Series B funding round
The company's platform tracks digital assets, storage locations and crypto loans, enabling financial institutions and corporations to produce accounting records and financial reports.
By Francisco Rodrigues, AI Boost|Edited by Sheldon Reback Mar 12, 2026, 12:49 p.m.
Make us preferred on Google
What to know:
- Cryptio raised $45 million in Series B funding from BlackFin Capital Partners and Sentinel Global, reflecting increased institutional demand for digital asset accounting software.
- The company valuation was not reported.
- The funding aligns with accelerating U.S. corporate adoption of crypto and recent regulatory changes that have eased barriers for institutions.
Cryptio, a developer of accounting software for digital assets, raised $45 million in a Series B funding round as financial institutions and corporations expand their use of blockchain-based assets.
The round closed about three weeks ago and was led by BlackFin Capital Partners and Sentinel Global. Existing investors 1kx, BlueYard Capital and Ledger Cathay Capital also participated, Fortune reported, citing a company announcement. The company’s valuation wasn’t disclosed.
Cryptio’s platform helps companies track the digital assets they hold and where those assets are stored across wallets, custodians and exchanges. In January last year, the firm raised $15 million in an extension to its Series A funding round from mid-2022.
The software also helps firms manage crypto loans and monitor other blockchain-based assets. The system organizes this data so companies can produce accounting records and financial reports.
Cryptio was founded eight years ago by Antoine Scalia, after he graduated from business school in Paris. Early customers were startups and smaller crypto companies.
The firm now employs about 110 people and serves more than 450 clients. Those clients include stablecoin issuer Circle Internet (CRCL) and the blockchain subsidiary of French bank Société Générale (GLE).
Cryptio operates in a growing market for crypto accounting tools. In January, crypto infrastructure firm Fireblocks acquired competing platform TRES Finance for $130 million.
Sentinel Global managing partner Jeremy Kranz said Cryptio has gained traction by working closely with large financial institutions and explaining how its system integrates with their existing accounting processes.
The fundraise comes as U.S. corporate adoption of the crypto space has accelerated, with the Trump administration pushing policies meant to strengthen the industry in the U.S. His cyber strategy has vowed to “support the security” of cryptocurrencies and blockchain.
Regulatory and accounting changes have also lowered barriers for institutions. Regulators replaced the SEC’s SAB 121 guidance with SAB 122, easing custody rules for banks, while new Financial Accounting Standards Board rules that took effect in 2025 require companies to report crypto assets at fair value.
FundraisingSeries BAccountingAI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.More For You
Ripple's share buyback program values the firm at $50 billion
By Krisztian Sandor|Edited by Stephen Alpher17 hours ago
Despite the bear market, today's report suggests a higher valuation than the $40 billion at which the firm raised funds in November.
What to know:
- Ripple, the blockchain firm closely associated with XRP, has begun a $750 million share buyback that would value the company at about $50 billion, according to a person familiar with the matter.
- The move comes after a $500 million funding round at a $40 billion valuation in November, backed by major hedge funds and crypto investment firms.
BlackRock debuts staked ether ETF as demand grows for yield in crypto funds
1 hour ago
Bitcoin futures trading is now five times bigger than spot on Binance
1 hour ago
Bitcoin looks resilient, but don't ignore those $20,000 puts
1 hour ago
Strategy’s STRC buys an estimated 7,000 bitcoin this week, but Two Prime CEO warns ‘no free lunch’
2 hours ago
Bitcoin climbs the wall of worry amid escalating Iran war and stock market losses
2 hours ago
Bitcoin steady near $70,000 as rising open interest hints at cautious, bearish positioning
2 hours agoTop StoriesCrypto code commits fall 75% as developers move to AI projects
6 hours ago
Bonk.fun hacked: Domain hijacked, crypto drainer planted
8 hours ago
SEC, CFTC end years of rivalry with deal that will mean combined crypto oversight
14 hours agoTokenized crude oil: Inside LITRO’s blockchain pilot ahead of its 2027 launch
5 hours agoAcross's acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure
6 hours ago
