Cryptio raises $45M to build ERP infrastructure for tokenized and digital assets. Cryptio, an accounting software solution and enterprise resource planning application provider for enterprise-regulated digital assets, today announced it has raised $45 million in new funding to help businesses navigate cryptocurrencies and tokenized securities. BlackFin Capital Partners and Sentinel Global co-led the Series B round, with participation from 1kx, Alven, BlueYard Capital and Ledger Cathay Capital. Numerous financial institutions, banks, exchanges, asset managers, including Société Générale's SG Forge, Circle Internet Group Inc., Gemini Space Station Inc. and Securitize Inc., rely on Cryptio to help them track digital assets. Traditional ERP and accounting systems rely on old systems of record, which were not designed for blockchain-native assets and cryptocurrencies. These currencies and assets rely on technological advances that allow for real-time reporting and modern-day custody frameworks, permitting handlers to exchange cryptographic keys at nearly the speed of light and complete settlements often within seconds or minutes. As regulated institutions expand their asset networks into stablecoins, which are a type of cryptocurrency that pegs its value to a traditional currency such as the United States dollar, and tokenized securities, these limitations make it difficult for them to track. It adds additional reporting challenges and auditing issues. "We've established market leadership across both traditional financial institutions like Laser Digital, SocGen and crypto-native enterprises like Circle, which have become financial institutions in their own right," said founder and Chief Executive Antoine Scalia, referring to the recent approval Circle received from the U.S. Treasury's Office of the Comptroller of the Currency to establish a National Trust Charter. Cryptio has already shown strength in the cryptocurrency market through support for over 400 enterprise firms across more than 30 countries within different regulatory environments. It has processed more than $3 trillion in transaction volume. The company expanded its platform to enable regulated activity across stablecoins, tokenized assets, lending and exchange operations. "As our usage has grown, scalability and reliability have been essential," Circle Chief Accounting Officer Tamara Schulz said. "Cryptio has consistently demonstrated its ability to support our operational complexity while building features that align with our specific requirements." Growing adoption slowly matures within finance. Digital assets have been encroaching on the financial industry for years; they are no longer one-off experiments and pilots. As institutions begin to adopt them, firms must come to terms with how to balance their accounts, audit them and modernize back-office systems. The company built its back-end infrastructure to meet the standards and needs of big and small organizations, fitting control standards and support audit procedures used by leading accounting firms, including Deloitte, EY, KPMG and PwC. Cryptio faces numerous competitors in the market, including BitAlpha Inc, also known as Bitwave, a digital asset management, crypto accounting and treasury management outfit. Other platforms on the market include Fireblocks Inc., CoinGate and BitPay Inc., which offer crypto-native treasuries, asset custody, management and payment gateways. As of early 2026, the global cryptocurrency market capitalization stood at $2.48 trillion to $2.64 trillion, exhibiting high volatility following a 2025 peak of over $3 trillion. The market is still dominated by Bitcoin, but securities and stablecoins have captured the attention of financial markets, reaching $310 billion. Much of this has been driven by the demand for digital dollars thanks to lower volatility and ease of trading and cross-border payments. "Cryptio's normalization and reconciliation layer turns those fragmented inputs into consistent, audit-ready data across accounting, reporting and operational workflows, delivered through robust APIs and an ERP-grade application suite," said Karan Sharma, an investor at Sentinel Global. "That's what institutional-scale digital asset operations require." A message from John Furrier, co-founder of SiliconANGLE: Support its mission to keep content open and free by engaging with theCUBE community. Join theCUBE's Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities. * 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more * 11.4k+ theCUBE alumni - Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network. About SiliconANGLE Media SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios - with flagship locations in Silicon Valley and the New York Stock Exchange - SiliconANGLE Media operates at the intersection of media, technology and AI. Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Its new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.

Cryptio, a cryptocurrency accounting startup, has raised $45 million in a Series B round led by BlackFin Capital Partners and Sentinel Global. 1kx, BlueYard Capital and Ledger Cathay Capital also participated. The company provides enterprises with digital asset tracking, crypto loan management and blockchain asset monitoring software. Cryptio currently employs 110 people and serves over 450 clients, including stablecoin issuer Circle and Société Générale's blockchain subsidiary.

Crypto accounting firm Cryptio raises $45 million as institutional demand accelerates. The company's platform tracks digital assets, storage locations and crypto loans, enabling financial institutions and corporations to produce accounting records and financial reports. Updated Mar 12, 2026, 6:44 a.m. Published Mar 12, 2026, 5:49 a.m. * 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, the firm said. 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. It also 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. Now, the wave of institutional demand for digital asset infrastructure has directly benefited Cryptio, Scalia said in an interview with CoinDesk. "We started to see what we've been promised since day one - that the institutions are coming," he said. Conversations with banks and payment companies that had previously stayed exploratory began turning into formal procurement processes, he added. That shift is shaping Cryptio's product development as more banks and financial firms enter digital asset markets. The company has expanded its software platform to support workflows around accounting, reconciliation and emerging activities such as digital asset lending and tokenization. "The standards are being built and designed right now," he said. The firm 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. UPDATE (March 12, 13:45 UTC): Adds interview with CEO starting in sixth paragraph, industry growth starting in ninth. Rewrites headline to add perspective. AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by its editorial team to ensure accuracy and adherence to its standards. For more information, see CoinDesk's full AI Policy. More For You Ethereum layer-2 developer OP Labs cuts roles to 'narrow focus' 50 minutes ago The firm plays a central role in the development of Optimism, an Ethereum layer-2 scaling network designed to make transactions faster and cheaper by processing activity off the Ethereum main chain. What to know: * OP Labs laid off 20 employees as part of a restructuring its CEO said was aimed at narrowing its strategic focus, stressing that the move reflects a refocus on core priorities rather than concerns about financial runway. * The company said it informed affected staff internally before announcing the move publicly, and encouraged other teams in the crypto ecosystem to reach out about hiring the departing employees.