Accounting platform Cryptio has raised $15 million in an extension to its Series A funding round, taking the total raised to $25 million. The platform aims to provide traditional financial institutions with back-office operations and infrastructure for offering digital asset products. The funding comes as observers expect more banks to offer crypto services following the repeal of the SEC's SAB 121 accounting rule, which did not provide guidance on how securities laws apply to digital assets. The repeal is seen as a positive sign for the changing regulatory landscape for cryptocurrencies in the US.



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