PANews reported on October 7 that according to Businesswire, crypto risk analysis company Agio Ratings announced the completion of a US$6 million financing round, led by AlbionVC, with participation from Portage Ventures and MS&AD. As of now, the company's total financing has reached US$11 million. The company currently focuses on assessing and quantifying the risks of exchanges, custodians and lenders in the cryptocurrency industry. The new funds are intended to be used to expand the scope of risk ratings and provide support to traditional financial institutions such as banks.