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Home News VC & Funding

Cryptio Raises $45 Million in Series B Funding Round

BlackFin Capital Partners and Sentinel Global co-lead Series B as institutional demand for digital asset accounting tools continues to grow.

by Ilampirai Arivazhagan
March 12, 2026
in VC & Funding
0 0
Cryptio Raises $45 Million in Series B Funding Round
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Cryptio, a crypto accounting startup, announced on March 12, 2026, that it raised $45 million in a Series B funding round. BlackFin Capital Partners and Sentinel Global led the round, which closed three weeks prior. The funding supports Cryptio’s software platform. Cryptio provides software that helps enterprises track digital assets, manage crypto loans, and monitor blockchain-related assets.

Funding Overview

Cryptio secured $45 million in its Series B round. BlackFin Capital Partners invested in Cryptio as a lead investor. Sentinel Global invested in Cryptio as a lead investor. The round closed three weeks before the announcement. Valuation details remain undisclosed, as confirmed by Cryptio founder and CEO Antoine Scalia.

  • Round: Series B

  • Amount: $45 million

  • Announcement Date: March 12, 2026

  • Lead Investors: BlackFin Capital Partners, Sentinel Global

  • Other Participants: 1kx invested in Cryptio; BlueYard Capital invested in Cryptio; Ledger Cathay Capital invested in Cryptio

Antoine Scalia founded Cryptio eight years ago. Scalia noted increasing corporate adoption of crypto as a key driver.

About the Company

Cryptio develops accounting software for enterprises handling digital assets. The platform tracks asset ownership, storage locations, crypto loans, and other blockchain assets. Cryptio now employs 110 people and serves over 450 clients. Clients include Circle, the stablecoin issuer, and Société Générale’s blockchain subsidiary.

Originally, Cryptio targeted startups and smaller firms. Scalia founded the company after business school in Paris. Institutional clients now dominate its customer base.

Investors

BlackFin Capital Partners led the Series B investment in Cryptio. Sentinel Global co-led the investment. Additional investors participated as follows:

  • 1kx invested in Cryptio
  • BlueYard Capital invested in Cryptio
  • Ledger Cathay Capital invested in Cryptio

Jeremy Kranz, founder and managing partner of Sentinel Global, highlighted Cryptio’s efforts to build trust with institutions. Kranz stated that Cryptio invested time to explain processes and demonstrate functionality.

Market Context

Large enterprises increasingly adopt blockchain technology, creating demand for digital asset accounting tools. After Donald Trump took office in 2025, financial institutions pursued digital assets in a permissive regulatory environment.

Goldman Sachs and BNY Mellon announced in July 2025 plans to tokenize money-market funds. Morgan Stanley partnered in September 2025 with a crypto infrastructure provider. This enables E-Trade clients to trade Bitcoin and Ethereum starting in the first half of 2026.

The broader crypto infrastructure sector is also attracting venture investment. OP_NET Secures $5 Million in funding to expand Bitcoin smart contract capabilities, reflecting growing interest in tools that strengthen blockchain infrastructure. Competitors exist in crypto accounting. Fireblocks acquired TRES Finance for $130 million in January 2026. Cryptio differentiates through institutional focus.

Funding History

Cryptio has raised funds across multiple rounds since 2020. Details follow:

    • Series B (March 12, 2026): Cryptio raised $45 million in a funding round led by Sentinel Global and BlackFin Capital Partners. The round also included 1kx, BlueYard Capital, and Ledger Cathay Capital.

    • Extended Series A (January 29, 2025): Cryptio raised $15 million in funding, led by Alven. The round also included investments from 1kx, BlueYard Capital, Cathay Innovation, Point Nine Capital, and Tim Draper, along with one additional investor.

    • Series A (June 6, 2022): Cryptio raised $10 million in a funding round led by Point Nine Capital. The round also included Draper Associates, BlueYard Capital, CoinShares, Alven, Protocol Labs, and one additional investor.

    • Seed (April 6, 2021): Cryptio raised $1.2 million in a funding round led by Draper Associates, with participation from Stani Kulechov, Outlier Ventures, and ConsenSys.

Disclaimer: Cryip is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.
Tags: Web3 Funding

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