On January 29th, COINOTAG News reported that Cryptio, a prominent cryptocurrency accounting platform, has successfully secured an additional $15 million, further enhancing its Series A funding initiated in June 2022. This funding round was spearheaded by existing investor Alven, alongside new contributions from 1kx and Ledger Cathay Capital. The capital infusion will bolster Cryptio’s objective to streamline back-office operations for traditional financial institutions (TradFi), facilitating the launch of diverse digital asset products. These products may include stablecoins, crypto-backed loans, and innovative saving solutions leveraging cryptocurrency. The investment reflects a growing recognition of the need for robust infrastructure to support the integration of digital assets within established financial frameworks.
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