London’s VC-backed Agio Ratings lands €5 million to support banks entering the crypto market

Agio Ratings, a UK-based digital asset risk insights provider, has secured €5 million in funding, signaling growing investor confidence in European firms focused on digital asset infrastructure. The investment will bolster the company's research and engineering teams and expand its risk assessment capabilities, facilitating safer entry into the digital asset market for financial institutions. This development aligns with a broader trend of investment in risk management, data intelligence, and digital-asset infrastructure within the European tech sector. The funding round was led by AlbionVC, with participation from Portage Ventures and MS&AD, bringing Agio Ratings' total funding to over €9 million. The company's core function is to quantify the risk of crypto exchanges, custodians, and lenders, enabling informed decision-making for trading firms, insurance companies, and banks. Agio Ratings employs quantitative methodologies to assess default risk, identify market signals, and provide independent risk insights. This investment reflects the increasing need for institutional-grade risk management as the digital asset market matures, impacting banks, funds, and insurance companies. By providing independent, data-driven assessments, Agio Ratings helps these entities navigate the crypto landscape with greater confidence. The company's success in predicting market events like FTX's collapse highlights the sophistication of its approach and its potential to become a global leader in this specialized field. This funding round, coupled with other recent investments in similar European startups, demonstrates strong support for digital asset innovation and the development of infrastructure that enables safer institutional participation. The company's expansion plans indicate further growth within the European fintech sector.