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Crypto

Crypto accounting firm Cryptio raises $45 million as institutional demand rises

Crypto accounting software developer Cryptio raised $45 million in a Series B funding round as institutional demand increased, CoinDesk reported on March 12 local time. The round was led by BlackFin Capital Partners and Sentinel Global, with participation from existing investors 1kx, BlueYard Capital and Ledger Cathay Capital. Cryptio said it will use the funds to enhance corporate crypto lending and blockchain-based asset monitoring functions.

Crypto

Superstate raises $82.5 million to help move Wall Street on-chain

Blockchain tokenisation startup Superstate raised $82.5 million as it targets moving Wall Street activity on-chain, CoinDesk reported on Jan. 22. The round was led by Bain Capital Crypto and Distributed Global, with participation from Galaxy Digital, Brevan Howard Digital and others. Superstate supports SEC-registered companies issuing digital shares directly without intermediaries, enabling IPOs on blockchains such as Ethereum and Solana with instant settlement and automated investor record updates.