What is it?
Data platform built for accounting, reporting, operations, and compliance.
A complete back-office that delivers financial integrity and accountability for businesses in crypto. Its platform allows users to transform on & off chain crypto activity into auditable records for accounting, reporting, treasury, and tax filings.
What problem does it solve?
- Controlled aggregation of data from Chains, LPs, Exchanges, Custody, OTC
- No trusted on-chain source of truth for enterprise reporting
- Complexity and increasing scope of regulatory compliance
- Technical challenge of processing millions of transactions for accounting
- Resource-intensive to build in-house solution
Feature Highlights
- Financial data source of truth - Proprietary indexers that give access to complete and accurate on-chain data for 50+ blockchains. In addition to wide integration coverage with leading custodians, exchanges, and LPs.
- Reconciliation and transformation of data - Enterprise-grade automations with the flexibility to cover edge cases. Automated processes to track and manage enterprise financial activities. Ensure reconciled database and unified general ledger for financial reporting.
- Accounting, tax, audit, and financial reporting - GAAP and IFRS compliant reporting suite to cover all areas of compliance and financial reporting while integrating with existing enterprise workflows and ERP software.
- Meet internal control and audit requirements - A list of internal controls developed in conjunction with Big 4 Auditors to mitigate use-case specific risks. Software is SOC 1 and SOC 2 Type 1 and Type 2 compliant to ensure the integrity and security of financial data.
How it works
Cryptio is built on three foundational layers. Together, they ensure compliant data established on a scalable infrastructure for institutional-grade reporting.
- Data layer: This is our purpose-built on-chain data infrastructure. We host nodes and have built a proprietary indexer and database specifically to interpret financial on-chain data. Our indexers, trained over 6 years with over 450 leading enterprises, are optimized for new smart contracts, token standards, and transaction types, covering 300+ reporting-specific edge cases. This data infrastructure supports 40+ layer 1 & 2 blockchains. Moreover, we built integration with 35+ exchanges, 10+ custody solutions and major ledgering systems.
- Processing layer: This layer consists of three main areas: high-volume performance, automations & processing, and control framework. Our processing layer is built for scalability, supporting 5M+ wallets and 120M+ transactions. Cryptio ensures automated workflows, including bulk transaction categorization, pricing and valuation flexibility, and inventory management tracking per business line. Our control framework is developed with Big4 auditors to ensure data completeness and accuracy.
- Solutions layer: This layer ensures end users can complete accounting, tax, audit, reconciliation, blockchain data as a service, financial planning & analysis, regulatory reporting, treasury and risk management, and licensing.