The financing

Cryptio announced a $45 million Series B on 13 March, co-led by BlackFin Capital Partners and Sentinel Global. The round also included 1kx, Alven, BlueYard Capital and Ledger Cathay Capital. The company sells software that reconciles blockchain activity with off-chain accounting records for institutions working across wallets, custodians, exchanges and chains.

What remains unproven

Cryptio positions its product as a system of record for digital-asset operations where transactions are distributed among services with different formats. It named Société Générale’s SG Forge, Circle, Gemini and Securitize as users; these relationships are company-reported. The funding supports a specialised fintech layer: instead of issuing assets or operating a trading venue, Cryptio sells bookkeeping and reconciliation tools to firms already holding or processing digital assets. The company did not disclose a valuation.

Sources & further reading

Primary announcement

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