The Paris-based startup Cryptio, which develops accounting software for cryptocurrencies, has just closed a $45 million Series B funding round, driven by a wave of financial institutions adopting cryptocurrencies without having the right tools to manage them.
When banks adopt crypto… but don’t know how to account for it
When a large company starts buying Bitcoin, Ether, or stablecoins, it quickly runs into a practical problem: its traditional accounting tools aren’t designed for that. A bank transfer leaves a trace on a statement. A blockchain transaction, however, is recorded in a decentralized ledger, often spread across multiple platforms, wallets, and networks. Reconciling accounts becomes a headache for finance teams.
It is precisely this problem that Antoine Scalia set out to solve when he launched Cryptio eight years ago. The startup has developed software that allows companies to track their cryptocurrency holdings, regardless of where they are stored, manage their crypto loans, and generate accounting reports compliant with auditor standards. Deloitte, EY, KPMG, and PwC already rely on the platform’s data for their audit procedures.
Cryptio now has over 400 clients in more than 30 countries: Circle, Gemini, SG Forge (Société Générale’s blockchain subsidiary), Securitize (the company managing the infrastructure for BlackRock’s BUIDL tokenized fund), and the digital assets subsidiary of Japanese investment bank Nomura. The platform has processed over $3 trillion in transaction volume since its inception.
And on Thursday, March 12, 2026, Cryptio announced a new milestone in this project: the raising of $45 million in a Series B funding round, which closed three weeks ago. The round was led by BlackFin Capital Partners, a venture capital fund specializing in fintech in Europe, and Sentinel Global. Funds 1kx, BlueYard Capital, Alven, and Ledger Cathay Capital also participated.
New Projects for Cryptio
Beyond accounting, Cryptio is launching two new applications with this funding: Loan Management, to manage cryptocurrency loans, and Treasury Management, to manage on-chain cash flow. The idea is to become a comprehensive ERP solution for institutions; that is, a central software system that manages all of a company’s financial operations, much like SAP or Oracle do for traditional businesses, but tailored to the world of digital assets.
Sidra Pervaiz, Senior Vice President of Accounting at Securitize, explains Cryptio’s mission as follows:
As financial markets increasingly explore tokenized securities, it is essential to maintain accurate and transparent financial records. Cryptio provides independent oversight of token offerings and their lifecycle—including creation, destruction, and portfolio movements—thereby enabling reconciliation between blockchain issuances and internal ledgers. This transparency is essential as tokenized securities grow within regulated financial markets.
