Share this article
Crypto Accounting Platform Cryptio Raises $15M in Series A Extension
Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital.
Jan 29, 2025, 2:00 p.m.
What to know:
- Cryptio has raised $15 million in an extension to its Series A funding round from June 2022.
- Cryptio's aim is to provide TradFi entities with back-office operations and infrastructure that allow them to offer digital asset products.
- Many observers are expecting the number of banks offering crypto services to increase following the repeal of the U.S. SEC's controversial SAB 121 accounting rule.
Crypto accounting platform Cryptio has raised $15 million in an extension to its Series A funding round from June 2022.
Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital, Cryptio told CoinDesk via email on Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The $15 million raised takes the total for the Series A round to $25 million.
Cryptio's aim is to provide traditional financial (TradFi) entities with back-office operations and infrastructure that allow them to offer digital asset products such as stablecoins, crypto-backed loans and crypto savings.
Many observers are expecting the number of banks offering crypto services to increase following the repeal of the U.S. Securities and Exchange Commision (SEC)'s controversial SAB 121 accounting rule.
SAB121 decreed that a company keeping a customer's crypto should record them on its own balance sheet, potentially having major implications for banks' capital allocations when working with crypto clients. This drew ire from crypto industry participants as it did not account for the lack of guidance from the SEC on how securities laws apply to digital assets.
The repeal of this legislation is therefore being hailed as sign of the changing regulatory landscape for cryptocurrency in the U.S.
Read More: A New (Digital) Age at the SEC
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
JPMorgan’s tokenized dollars are quietly rewiring how Wall Street moves money
The Wall Street titan’s recent embrace of a public blockchain is a harbinger of things to come.
What to know:
- The move from a private chain to Coinbase’s Base layer is driven by demand from institutions, JPMorgan said.
- The only cash equivalent options available in crypto are stablecoins, so there’s a need for a bank deposit product for payments on public chains, according to the Wall Street bank
- Typically JPM Coin can be used on Base as a means to either keep collateral or make margin payments for transactions related to crypto purchases.
Top Stories
