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Cryptio Raises $10 Million In Series A Funding

John Wanguba by John Wanguba
June 8, 2022
in Analysis, Crypto news
Reading Time: 2min read
Cryptio Raises $10 Million In Series A Funding
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On June 8, 2022, reports emerged that Cryptio has raised $10 million in a Series A funding round for its enterprise cryptocurrency back-office platform. The round was led by Point Nine with significant participation from Avantgarde Finance, Protocol Labs, BlueYard, Alven, Coinshares, and Draper Associates.

Cryptio is an enterprise-grade cryptocurrency accounting and reporting platform that assists corporates, financial institutions, and crypto-native businesses navigate and surviving in the fragmented digital-asset landscape. The company already says that it has over 200 clients, including Aave, Consensys, and DeFi Saver. It has seen revenue explode 12 times since its seed round in March.

The CEO of Cryptio, Antoine Scalia, said:

“The biggest challenge with crypto accounting on the institutional level is having auditable and reliable transaction history data. Block explorers and third-party data providers often fail to capture complex crypto activity like DeFi, Staking, Mining, and NFTs. These discrepancies can’t be tolerated at the institutional level.

At Cryptio, we’re obsessed with data accuracy and have partnered with Layer-1 foundations to build proprietary blockchain indexers. We’re able to reliable pull transaction data and perform mini-audits, ‘sanity checks’ to prove data quality.”

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Tags: AlvenAvantgarde FinanceBlueYardCoinSharesCryptiocryptocrypto businesscryptocurrencyDeFiDraper AssociatesFundinglayer-1 foundationsMiningNFTsProtocol Labsstaking

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  • Home
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  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
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      • Jonathan Ross Bitcoin
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      • Phillip Schofield Bitcoin
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