“America must do more than just keep pace with the digital-asset revolution … We must drive it. … Under my leadership, the SEC will not stand idly by” – SEC Chair Paul Atkins

This past week marked a turning point for crypto in the United States.

On Thursday, SEC Chair Paul Atkins delivered a powerful message in his “Project Crypto” address: the U.S. is ready to bring its capital markets on-chain, and the door is open to all who want to help build this future, aligned with clear, modern rules. Atkins outlined specific priorities such as clear guidelines for token categorization, regulatory sandboxes to foster innovation by allowing companies to test and refine products without excessive regulatory burden, and a streamlined regulatory framework for crypto custody and trading. He also called for proportional requirements for broker-dealers, centralised and decentralised platforms and software systems, and the emerging “super-app” category, with a focus on making sure start-ups and innovation aren’t shut out by unnecessary cost or complexity.

Just a single day earlier, the White House released its strategy paper “Strengthening American Leadership in Digital Financial Technology”, emphasizing swift implementation of the GENIUS Act stablecoin framework, fit-for-purpose market-structure legislation (the U.S. CLARITY act), and proactive engagement to maintain American dominance in digital asset markets.

Together, these developments signal something profound: we’ve entered a new phase of legitimacy, coordination, and ambition for digital finance in America.

At Cryptio , we welcome this evolution with open arms.

For the past seven years, we’ve quietly built the back-office for digital assets, enabling the very type of auditable, compliant infrastructure that regulators are now calling for. We’ve supported the biggest names in the U.S. crypto ecosystem, and our mission has never wavered: to bring financial integrity to the digital asset ecosystem.

The missing bridge has always been trusted data

When Cryptio launched in 2018, crypto finance was missing something fundamental: trusted, auditable data. Blockchains recorded every transaction, yet accountants and regulators couldn’t rely on – or even read – the raw output.

We stepped in to build an institution-grade sub-ledger that transformed on-chain activity into GAAP- and IFRS-ready records. Over this time period, we’ve built the core infrastructure layer for back-office integrity in digital asset markets:

• In 2018, we pioneered the foundational accounting infrastructure needed to support the first wave of token issuers and their accountants, enabling them to close their books for the first time in the wake of the initial coin offering (ICO) boom.
• In 2019 and 2020, we developed a robust internal controls stack that powered the first large-scale crypto financial statement audits in both the U.S. and Europe.
• From 2021 to 2024, we collaborated closely with PwC and KPMG on our SOC reports and played a key role in helping multiple companies successfully go public in the US.
• By 2025, we have become the critical infrastructure layer for the largest public and private players in the digital asset space – including Circle, Laser Digital (Nomura), and Gemini – supporting them across their most complex back-office operations: from accounting and regulatory reporting to stablecoin attestations.

Today, over 450 companies use Cryptio to reconcile more than $33 trillion in transaction value – powering audit trails, disclosures, and investor-grade transparency across the digital asset landscape.

How Project Crypto aligns with our infrastructure

Much of what the SEC and President's Working Group (PWG) are now calling for has already been quietly built, and battle-tested, by Cryptio.

• Token distribution & ICO safe-harbors: wallet-level provenance tracking, cost-basis and real-time treasury dashboards
• Custody modernisation: SOC 1 & 2 certified controls; reconciliation and segregation of corporate & customer funds; jurisdiction-specific reporting
• Spot-market clarity & CFTC oversight: dual-book (GAAP & tax) reporting that spans security-like and commodity-like tokens, FASB fair-value facilitation (mark-to-market)
• Stable-coin transparency (GENIUS Act): real-time stablecoin supply attestation modules now powering major U.S. issuers
• AML / illicit-finance guardrails: immutable transaction logs, enriched counterparty data and full audit trails used by the Big Four
• Tax & reporting modernisation: thought leadership: recent FASB policy guidance submitted on initial measurement, recognition and derecognition of staking, lending and AMM positions – drawing on hard-won implementation experience from dozens of client deployments to show what is both practical and scalable in real-world finance

In other words, the plumbing regulators are asking for is already running in production. Our New York headquarters puts us just a stone’s throw away from both Wall Street and the SEC regional office – exactly where a back-office partner for U.S. capital markets should be.

A new era of collaboration

Chair Atkins made it clear:  we no longer have to choose between decentralization and regulation, between innovation and oversight. The SEC is now inviting industry participation to collaboratively design and scale on-chain capital markets infrastructure.

The White House’s policy framework echoes the same ambition. It envisions unified federal licensing, stablecoin legislation, and the modernization of everything from tax reporting to cybersecurity standards. These are not ideas for a distant future, they are blueprints being drafted now.

The question is no longer whether crypto will be regulated. The question is: who will help shape that regulation, and how quickly can we align the operational infrastructure to meet it?

Let’s build the future – together

Over the last seven years, we’ve grown Cryptio by working hand-in-hand with companies, finance teams, auditors, accountants, and the Big Four, turning raw blockchain data into trusted financial records.

More recently, we’ve extended that collaboration to include regulators: sharing practical insights from real-world deployments, and helping shape the frameworks that will define how this industry moves forward.

With this same spirit of collaboration, we launched in 2022 in New York and now expanding to London, the Crypto Finance Forum - the first event of its kind to bring together top industry leaders, finance professionals, compliance executives, and regulators under one roof.

This collaboration is already underway – and at Cryptio, we’re committed to seeing it through by contributing infrastructure, insights, and real-world data to the frameworks and pilot programs shaping tomorrow’s capital markets.

– Antoine Scalia, CEO, Cryptio