Conio
Conio is an Italian fintech company that provides a multi-signature digital asset wallet and institutional-grade cryptocurrency custody, trading, and tokenization solutions for retail consumers, banks, and financial institutions. The company's consumer offering includes a multi-signature 2-of-3 Bitcoin wallet where users maintain control of their private keys, with three keys required for transaction signing: the…
Funding snapshot
About
Conio is an Italian fintech company that provides a multi-signature digital asset wallet and institutional-grade cryptocurrency custody, trading, and tokenization solutions for retail consumers, banks, and financial institutions. The company's consumer offering includes a multi-signature 2-of-3 Bitcoin wallet where users maintain control of their private keys, with three keys required for transaction signing: the user's private key, Conio's key, and a third key stored offline with a trusted third party. This architecture enables a patented fund recovery system that restores wallet access if a user loses their private key, and ensures fund restitution even if Conio ceases to operate. The wallet supports Bitcoin, Ethereum, Cardano, Litecoin, Dogecoin, and other digital assets with buy, sell, convert, and transfer capabilities, plus Conio Prime for unlimited Bitcoin trading with dedicated account management. For businesses, Conio offers institutional solutions for custody, trading, and tokenization of digital assets, serving banks, financial institutions, and enterprises with the highest levels of security and regulatory compliance. Conio has obtained MiCAR licensing as a Crypto-Asset Service Provider (CASP) under EU regulation, authorizing custody and administration, exchange services, order execution, placement, and transfer of crypto-assets. The company has over 450,000 retail customers and has pioneered projects including blockchain-based energy production with Enel and automotive blockchain applications with Ferrari. Conio holds numerous patents and specializes in tokenization of Real World Assets (RWA), sustainable energy, and financial products. Founded in 2015 and headquartered in San Francisco, California, with Italian operations in Milan, Conio has raised $20.8M in Series B funding from investors including Poste Italiane, Banca Finint, B Heroes, Fabrick, David Capital, Bancageneraliprivate, and iStarter.
Business model
Cryptocurrencies > Wallet > Hot Wallets > Mobile Wallets
Team background
Company Wise > Microsoft, McKinsey,
College Wise > Stanford University
Institutional investors
Latest coverage
No articles yet.
Similar startups
PagarBook
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
Vertice
AI-powered platform for modern finance and procurement teams. It offers features such as intake-to-procure, SaaS purchasing, and risk management.
1Kosmos
Block-chain-based passwordless authentication for customers. The products offered by the company include BlockID Verify, Workforce, and customer.
Concordium
Operator is a developer of an on-demand commerce platform that uses a network of human operators to fulfill customer requests for products through a text-based messaging interface.