Agio Ratings, a crypto-focused credit analyst, raised $4.6 million in funding to provide independent risk ratings for digital asset platforms, analyzing on-chain and off-chain data to assess default risk and support market makers, brokers, and lenders in managing counterparty risk.

Agio Ratings raised $4.6 million to develop risk-pricing models for digital assets, enhancing transparency and supporting credit and insurance in Web3.

Ledn has received an industry-first A- equivalent credit rating from Agio Ratings for its Custodied Loans funding vehicle, establishing new standards in Bitcoin-backed lending with a strong focus on transparency and risk management.