Cryptio, a leading developer of accounting and reporting software for digital assets, has raised $45 million in a Series B funding round. The investment comes as global corporations and financial institutions accelerate their adoption of blockchain-based assets, creating a critical need for enterprise-grade financial infrastructure, CoinDesk reported.
The funding round, which closed approximately three weeks ago, was led by BlackFin Capital Partners and Sentinel Global. Existing investors, including 1kx, BlueYard Capital, and Ledger Cathay Capital, also participated. While the firm did not disclose its current valuation, the raise follows a $15 million Series A extension completed in early 2025.
Founded eight years ago by CEO Antoine Scalia, Cryptio provides a platform that allows companies to track digital asset holdings across various wallets, custodians, and exchanges. Beyond simple tracking, the software enables firms to manage crypto loans, monitor tokenized assets, and organize complex on-chain data into formal accounting records and financial reports.
“We started to see what we’ve been promised since day one — that the institutions are coming,” Scalia said in an interview. He noted that conversations with banks and payment companies, which were previously exploratory, have recently evolved into formal procurement processes. This shift has prompted Cryptio to expand its platform to support high-level workflows for reconciliation, digital asset lending, and tokenization. “The standards are being built and designed right now,” Scalia added.
The company currently employs 110 people and serves more than 450 clients, including industry heavyweights like stablecoin issuer Circle and Société Générale’s blockchain subsidiary. Cryptio’s growth reflects a broader trend in the crypto infrastructure market; earlier this year, competitor TRES Finance was acquired by Fireblocks for $130 million.
Industry experts point to a shifting regulatory and political landscape as a primary driver for this institutional wave. In the U.S., the Trump administration’s cyber strategy has pledged to support blockchain security, while significant accounting changes have lowered entry barriers. Notably, the replacement of the SEC’s SAB 121 guidance with SAB 122 has eased bank custody rules, and new Financial Accounting Standards Board (FASB) rules now require companies to report crypto assets at fair value.
Sentinel Global managing partner Jeremy Kranz highlighted Cryptio’s success in bridging the gap between new technology and traditional finance. He noted that the firm has gained significant traction by demonstrating how its system integrates seamlessly with the existing accounting processes of large-scale financial institutions.
