Overview
- The Series B totals $45 million led by BlackFin Capital Partners and Sentinel Global, closed about three weeks ago with valuation undisclosed.
- Banks are shifting from exploratory talks to formal procurement as FASB fair-value rules and the SEC’s SAB 122 ease reporting and custody requirements.
- Cryptio’s platform consolidates blockchain, exchange and custodian data into ERP-compatible, audit-ready records used in processes by Deloitte, EY, KPMG and PwC.
- The company reports roughly 110 employees and more than 450 enterprise clients, including Circle and Société Générale’s blockchain arm SG Forge.
- Funding will expand headcount and global rollouts and support new loan- and treasury-management applications, as the market consolidates with deals like Fireblocks’ $130 million purchase of TRES Finance.