The new capital will be used to accelerate product development, expand global operations, and strengthen compliance tools designed for financial institutions and large crypto-native companies.

Crypto accounting platform Cryptio has raised $45 million in a Series B funding round, marking a significant milestone for the company as demand for institutional-grade digital asset accounting tools continues to grow.

The funding round, announced Thursday, was led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and Ledger Cathay Capital, among others. The new capital will be used to accelerate product development, expand global operations, and strengthen compliance tools designed for financial institutions and large crypto-native companies.

Founded by Antoine Scalia, Cryptio provides enterprise-grade software that helps businesses track, reconcile, and report digital asset transactions across blockchains and exchanges. The platform aims to simplify accounting processes for organizations operating in the increasingly complex digital asset ecosystem.

Cryptio’s software integrates with major blockchains and custodians, enabling companies to automate bookkeeping, generate audit-ready reports, and maintain compliance with international accounting standards. The platform has gained traction among exchanges, fintech firms, and crypto funds seeking to manage large volumes of transactions efficiently.

The Series B funding comes as institutional interest in digital assets continues to expand. As traditional financial institutions move deeper into crypto markets, demand has increased for back-office infrastructure capable of handling blockchain-based transactions.

“Digital assets introduce unique accounting challenges that legacy financial systems were never designed to handle,” Scalia said in a statement accompanying the announcement. “This funding allows us to continue building the infrastructure required for institutional adoption of crypto.”

Industry analysts say infrastructure companies such as Cryptio are becoming critical pillars of the crypto ecosystem, providing compliance and financial reporting tools needed by banks, exchanges, and asset managers entering the market.

The company previously raised funding through earlier rounds aimed at developing its enterprise accounting platform and expanding integrations with blockchain networks and digital asset service providers. Cryptio already serves hundreds of clients globally, including crypto-native firms and financial institutions exploring digital asset services.

With the new Series B capital, Cryptio plans to hire additional engineers, strengthen regulatory reporting capabilities, and expand its presence in North America, Europe, and Asia.

The latest investment underscores growing venture capital interest in crypto infrastructure startups, particularly those focused on compliance, security, and financial reporting—areas widely seen as essential for bringing digital assets into the mainstream financial system.