Cryptio has raised $45 million in a Series B funding round as rising institutional adoption of tokenised finance drives demand for tools that reconcile blockchain transactions with traditional accounting systems.
The round was co-led by BlackFin Capital Partners and Sentinel Global with participation from 1kx, BlueYard Capital, Alven and Ledger Cathay Capital, highlighting investor interest in infrastructure supporting regulated digital assets.
Cryptio provides software that reconciles activity across wallets, custodians and exchanges while converting blockchain data into accounting records used for financial reporting, audits and regulatory compliance.
The company says it now serves more than 400 enterprise clients and has processed over $3 trillion in transaction volume for organisations including Circle, Gemini, Securitize and Société Générale’s SG-Forge.
“Maintaining accurate financial records across capital markets is becoming more important as traditional finance expands into tokenised securities,”
Said Securitize senior vice president, Sidra Pervez.
The sector is attracting more competition as firms such as Lukka, TaxBit, Bitwave and CoinLedger also build platforms that convert blockchain transactions into records suitable for tax reporting, audits and compliance.
“Digital assets are becoming embedded within regulated financial markets,”
Said BlackFin Capital Partners managing director, Loic Fonteneau, adding that this shift requires “institutional-grade infrastructure” to support accounting, tokenised asset reporting and lending.