Cryptio, the leading accounting and reporting platform for enterprises and institutions in the crypto sector, announced a $15 million extension to its Series A funding, bringing the total round size to $25 million.
Cryptio serves as the back-office OS for 450+ companies including US-based firms Circle, Gemini, and Uniswap Labs. Its platform enables enterprises to meet international compliance reporting requirements and automate accounting, audit, and financial controls in line with traditional financial industry standards.
This extension was led by existing investor Alven, with participation from new investors 1kx and Ledger Cathay Capital. Existing backers, including Point Nine, BlueYard, Tim Draper, and angel investor Charlie Songhurst, also joined the round.
Empowering crypto enterprises beyond accounting automation
The additional funding comes after the launch of Cryptio’s Bedrock data platform, introduced at the Crypto Finance Forum. Bedrock offers advanced data normalization and reconciliation solutions designed for regulated crypto enterprises.
The upgraded system brings several new benefits:
- Ability to process 1b+ transactions and monitor 100m+ wallets per month.
- 200x faster data ingestion and processing capabilities than competitors.
- Automated reconciliation across Liquidity providers, On-chain wallets, Custodians including Internal Execution Systems and OMS.
- Reporting to meet regulatory requirements globally, including MTL, VARA, MiCA, ADGM, PSA, and EMI.
Antoine Scalia, CEO and Founder of Cryptio, identified regulation as the gateway to mainstream crypto adoption and emphasized the need for robust financial controls to support this evolution.“The next wave of users will be onboarded through regulated crypto products. To bring these products to market, banks, exchanges, asset managers, and token issuers need financial controls in line with traditional financial industry standards. Cryptio is building the foundational data infrastructure required for this shift, and the additional funding will further propel us toward that goal.”
Supporting global compliance for crypto enterprises
As regulatory frameworks like MiCA in the EU, VARA in Dubai, and upcoming U.S. regulations reshape the industry, enterprises and institutions working with digital assets must prioritize enterprise-grade back-office systems to stay compliant and scalable.
Christopher Heymann, Founding Partner at 1kx, highlighted the critical role Cryptio plays in enabling traditional financial environments to adopt crypto products.
“For regulated financial products such as stablecoins, crypto-backed loans, and crypto savings products to exist in traditional finance environments, reliable back-office operations and reporting infrastructure are not optional, they're foundational. Cryptio provides the critical infrastructure needed to ensure these products can operate compliantly, transparently, and at scale.”,
— shared Christopher Heymann, Founding Partner at 1kx.
Bartosz Jakubowski, Partner at Alven, recognized Cryptio’s expertise in developing advanced reporting solutions and its critical role in supporting financial integrity as regulatory frameworks redefine the crypto economy.
“The Cryptio team has established a strong track record of delivering complex reporting products. With regulatory frameworks like MiCA in the EU, upcoming regulations in the US, and VARA in Dubai shaping the industry, Cryptio is uniquely positioned to become the backbone of financial integrity in the crypto economy.”,
— said Bartosz Jakubowski, Partner at Alven.
Strategic leadership expansion
As part of its continued growth, Cryptio recently appointed Thanos Bismpigiannis as Chief Product Officer to accelerate product development for regulated enterprises. Thanos brings extensive experience from his roles as CPO at fintech unicorn, Rain, and as a product leader at Currencycloud and Oracle.
Fueling product innovation for regulated enterprises
With the expanded funding, Cryptio plans to enhance its suite of products tailored for regulated crypto enterprises. The platform supports exchanges, banks, and asset managers to establish robust data reporting controls across trading venues, order management systems, internal ledgers, and on-chain data sources.
Hemant Pandit is the VP of Revenue at Cryptio, the leading back-office OS. Cryptio is working with 450+ companies including Gemini, Uniswap Labs, Chivo Wallet (Government of El Salvador) and Hex Trust. Its platform helps them to automate accounting, reporting, audit preparation and compliance to meet global regulatory requirements.
Cryptio has 80+ employees across its four hubs in New York, London, Paris and Dubai. Hemant is based in London.