Agio Ratings raises $7 million

London-based Agio Ratings raised €5 million to expand its research and engineering teams and enhance its digital-asset risk ratings platform for banks entering the crypto market.

The round was led by AlbionVC with participation from Portage Ventures and MS&AD , bringing total funding to over $11.6 million. Founded in 2022, Agio Ratings provides institutional-grade risk insights on exchanges, custodians, and lenders, helping financial institutions, insurers, and funds assess counterparty exposure and default probability in real time.

The company’s models previously flagged FTX’s elevated default risk months before its collapse and now support clients including Wintermute, Ledn, and Relm Insurance . Agio Ratings’ platform continuously monitors on- and off-chain data to deliver independent, data-driven risk intelligence for digital-asset markets.