"We wanted to make a bet on corporate adoption of crypto. We've been seeing more and more activity and more and more clients on the traditional side. His gamble now seems to have paid off, as Cryptio raised $45 million in Series B funding from leading venture firms BlackFin Capital Partners and Sentinel Global, with additional support from 1kx, BlueYard Capital, and Ledger Cathay Capital."
"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. Goldman Sachs and BNY Mellon announced plans to tokenize money-market funds, while Morgan Stanley partnered with a crypto infrastructure provider to enable brokerage customers to trade cryptocurrencies like Bitcoin and Ethereum."
Cryptio, a crypto accounting startup, secured $45 million in Series B funding led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and Ledger Cathay Capital. The company provides software enabling customers to track digital asset ownership, storage locations, crypto loans, and blockchain-related assets. Founded eight years ago by Antoine Scalia, Cryptio has shifted from serving individual crypto users to focusing on corporate clients. The startup's growth reflects increased institutional adoption of blockchain technology, particularly following regulatory changes under the Trump administration. Major financial institutions including Goldman Sachs, BNY Mellon, and Morgan Stanley have announced significant cryptocurrency and tokenization initiatives, demonstrating mainstream financial sector engagement with digital assets.
#blockchain-accounting #institutional-crypto-adoption #series-b-funding #digital-asset-management #corporate-cryptocurrency
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