A surge in tokenized finance is driving demand for systems that reconcile blockchain transactions for audits and reporting, pushing digital asset accounting into focus.
Cryptio, an accounting and data platform focused on regulated digital assets, has raised $45 million in a Series B funding round, highlighting growing demand for tools that help financial institutions reconcile and report blockchain-based transactions within traditional accounting systems.
The round was co-led by venture firms BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, Alven and Ledger Cathay Capital.
Cryptio develops software that helps companies reconcile activity across wallets, custodians and exchanges, translating blockchain transaction data into accounting records used for financial reporting, audits and compliance.
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