Cryptocurrency accounting software developer Cryptio has raised $45 million in a Series B funding round, CoinDesk reported on March 12 local time.
The investment was led by BlackFin Capital Partners and Sentinel Global, with existing investors 1kx, BlueYard Capital and Ledger Cathay Capital also taking part.
Cryptio has developed a platform that helps companies track digital assets they hold across wallets, custodians and exchanges. Cryptio will use the funds raised in the round to strengthen corporate cryptocurrency lending and blockchain-based asset monitoring functions.
Cryptio currently has 110 employees and has secured more than 450 customers. Key clients include stablecoin issuer Circle Internet (CRCL) and the blockchain subsidiary of French bank Societe Generale (GLE).
Chi-gyu Hwang
delight@d-today.co.kr