Leading financial data platform Cryptio expands Series A funding to $25M
February 20, 2025
North America
NEW YORK, NY, Wednesday, 29th January 2025 — Cryptio, the leading accounting and reporting platform for enterprise and institutions in crypto, today announced a $15 million extension to its Series A funding, bringing the round size to $25 million.
The round extension is led by existing investor Alven, with participation from new investors 1kx and Ledger Cathay Capital. Existing backers, including Point Nine, Blue Yard, Tim Draper, and angel investor Charlie Songhurst also participated.
Financial data platform beyond accounting automation
The investment follows the launch of Cryptio’s Bedrock data platform, which was announced at the Crypto Finance Forum. At the forum, Cryptio also announced its engagement with US-based stablecoin issuer, Circle.
“The next wave of users will be onboarded through regulated crypto products” says , Founder & CEO of Cryptio. “To bring these products to market – banks, Antoine Scaliaexchanges, asset managers, and token issuers need financial controls in line with the standards and expectations of the traditional financial services industry. Cryptio is building this foundational data normalization and reconciliation infrastructure for crypto and this additional funding will further propel us in achieving this.”
“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” said Christopher Heymann, Founding Partner at 1kx. “Cryptio provides the critical infrastructure needed to ensure these products can operate compliantly, transparently, and at scale.”
Global reporting compliance for exchanges, banks, and stablecoin issuers
“The Cryptio team has established a strong track record of delivering complex reporting products,” said Bartosz Jakubowski, Partner at Alven. “Their platform is being used by Circle, Uniswap Labs, and Gemini demonstrating the quality of Cryptio’s product and the team’s execution capabilities. 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.”
As part of its continued expansion, Cryptio recently appointed Thanos Bismpigiannis as Chief Product Officer to accelerate product development for regulated enterprises. Thanos brings a wealth of experience from his previous roles as CPO at fintech unicorn, Rain, and as a product leader at Currencycloud and Oracle. Having recently onboarded global exchanges like Gemini and Uniswap, Cryptio will use this funding to further develop its suite of products for regulated crypto enterprises. This will help exchanges, banks, and asset managers build data reporting controls between their trading venues (inc. derivatives), order management systems, internal ledgers and on-chain data sources.
About Cryptio
Cryptio is the leading financial data platform simplifying middle and back-office functions for crypto enterprises. Their software is used by 450+ enterprises and institutions across 30 jurisdictions, including Circle, Gemini, Uniswap Labs, ConsenSys and several governmental entities. Cryptio offers enterprise-grade solutions across accounting, tax, audit, risk, treasury, compliance and more, delivering on its vision to bring financial integrity to the crypto economy. For more information, visit www.cryptio.co.