This news is about a crypto accounting firm raising funds, which is a positive development for the broader crypto infrastructure but does not directly impact the price of any specific cryptocurrency.
The news is reported by coindesk, a reputable source for cryptocurrency news, and includes details about investors and the company's services.
The funding round for cryptio is a positive indicator for the digital asset industry's growth and adoption, suggesting increased institutional interest and the need for robust financial tools. however, it doesn't provide direct buy or sell pressure on any particular cryptocurrency.
The positive impact on the crypto infrastructure and institutional adoption will likely be felt over the long term as more companies utilize such tools for financial reporting and compliance.
Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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 Cryptio raised $45 million for crypto accounting. (Oleksandrum/Shutterstock modified by CoinDesk) 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. Fundraising Series B Accounting AI 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 Alpher 17 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. 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