As large enterprises invest in blockchain technology, they quickly discover the need for accounting software that can help them track a growing hoard of digital assets. Cryptio, a crypto accounting startup, has benefited from that wave of institutional interest and announced Thursday that it’s raised $45 million in a Series B funding round.
The company provides software to help customers track what digital assets they own and where they’re stored. Cryptio also helps clients manage their crypto loans and monitor other blockchain-related assets. The venture firms BlackFin Capital Partners and Sentinel Global led the startup’s fundraise, which closed three weeks ago. Other participants included 1kx, BlueYard Capital and Ledger Cathay Capital. Antoine Scalia, founder and CEO of Cryptio, declined to specify at what valuation his startup raised its most recent round of capital.
“We wanted to make a bet on corporate adoption of crypto,” said Scalia, who founded Cryptio eight years ago. His gamble now seems to have paid off. “We’ve been seeing more and more activity and more and more clients on the traditional side,” he said.
Corporate adoption
Especially after President Donald Trump took office in 2025, large financial institutions have grown more comfortable experimenting with digital assets in a more permissive regulatory environment for crypto than the one under former President Joe Biden.
In July, the investment bank Goldman Sachs, a relative crypto latecomer, announced that it and the financial institution BNY Mellon planned to tokenize, or put into blockchain wrappers, money-market funds. And in September, the banking giant Morgan Stanley, long a blockchain skeptic, decided to partner with a crypto infrastructure provider to let its brokerage customers trade cryptocurrencies like Bitcoin and Ethereum in the first half of 2026.
When Scalia first founded Cryptio, his customers weren’t large enterprises. Fresh out of business school in Paris, the entrepreneur was courting startups and other smaller companies. Now, Cryptio has 110 employees and more than 450 clients, including digital asset titans like the stablecoin issuer Circle as well as the blockchain subsidiary of the French bank Société Générale.
Cryptio isn’t the only crypto accounting platform on the market. There are other competitors, including TRES Finance, which the crypto infrastructure company Fireblocks acquired for $130 million in January.
Still, Cryptio’s backers believe the startup has an edge. “They’ve invested the time to explain things, show how it works, and instill trust with very high-end institutions,” said Jeremy Kranz, the founder and managing partner of Sentinel Global.
