
Real Talk Case Study: Kryptos – Building the Financial Backbone of Web3
An Interview with Kryptos
Founded in 2022 by Sukesh Kumar Tedla (Founder & CEO) and Akash Srivastava (CTO & Co-Founder), Kryptos is building the connectivity layer for Web3 finance. Their cutting-edge financial data protocol bridges DeFi and AI agents to make managing crypto portfolios simpler and more scalable.
Can you describe Kryptos in a few sentences?
Kryptos is revolutionizing Web3 finance by building the most advanced connectivity layer that bridges DeFi and AI agents. By leveraging AI agents to automate the entire financial lifecycle—from intent to execution—Kryptos allows users to manage, track, trade, and grow their crypto portfolios effortlessly. With a rapidly growing community of 200K+ users, Kryptos is scaling to become the financial backbone of Web3, backed by Binance Labs, Gate Labs, and Blockchain Founders Fund.
By addressing Web3's fragmentation issues, Kryptos introduces the first-ever AI-powered financial data protocol that ensures seamless, secure, and interoperable communication between financial tools, exchanges, and AI-driven automation.
What is the primary mission or goal of your project?
Our mission is to build the financial backbone of Web3 by creating the most advanced connectivity layer for decentralized finance. We aim to bridge DeFi and AI automation, enabling seamless, secure, and interoperable financial data flow for individuals, businesses, and developers.
Our focus includes:
- Simplifying Web3 Finance: Offering a unified dashboard for tracking, automating, and optimizing crypto portfolios.
- Enhancing Financial Interoperability: Ensuring smooth data flow between exchanges, wallets, protocols, and financial AI agents.
- Driving Mass Adoption: Making crypto finance as intuitive as traditional banking with AI-powered automation and compliance tools.
- Empowering Developers & Businesses: Providing a Build-to-Earn model to help developers create financial integrations and AI tools while supporting enterprises in automating crypto payroll, treasury, and compliance.
- Promoting Financial Inclusion & Compliance: Supporting 30+ tax jurisdictions, Kryptos ensures easy crypto taxation and regulatory compliance for users and enterprises alike.
What are the key social or environmental impacts of your project?
Kryptos makes a significant impact by:
- Bridging Financial Gaps: Simplifying access to Web3 financial tools for both retail users and enterprises, promoting financial inclusion.
- Regulatory Compliance: Automating tax reporting across 30+ jurisdictions, allowing users to comply with evolving regulations easily.
- Empowering Developers: The Build-to-Earn model incentivizes the creation of financial plugins & AI agents, driving constant innovation in the Web3 space.
How do you measure the impact of your project?
We track several key metrics to gauge our success:
- 200K+ community members with 100% quarterly growth
- 5000+ integrations across centralized and decentralized financial systems
- Over $30,000 in revenue during our MVP phase, with plans to reach $1M+ in recurring revenue within 12 months
- Enabling enterprises to automate crypto payrolls, accounting, and treasury management
Can you share a success story about how Kryptos has positively impacted a community?
Jake, a full-time crypto trader from New York, USA, faced constant struggles with:
- Manually tracking trades across Binance, Coinbase, and DeFi platforms using spreadsheets
- Spending hours reconciling transactions and preparing reports for tax season
With Kryptos, he:
- Saved 20+ hours weekly, focusing more on trading
- Reduced his tax liability by 30% with automated tax-loss harvesting and cost-basis tracking
- Improved efficiency and profitability through AI-driven portfolio rebalancing strategies
Jake’s Verdict: "Kryptos changed the game for me. I went from spending hours tracking my trades to getting everything done in minutes. Now, I can focus on what I do best—trading. I wish I had found this years ago!"
What cool tech does Kryptos use to power its magic?
Technology Stack:
- KryptosConnect Engine: The universal aggregator connecting exchanges, wallets, DeFi protocols, and payment gateways into a single seamless platform.
- AI-Powered Execution: Users automate transactions with natural language commands like “Invest $1,000 in the top 3 DeFi pools.”
- Confidential Computing & Multi-Sig: Advanced data security and compliance tools designed for enterprises.
What are the standout features that make Kryptos unique?
Kryptos blends cutting-edge tech with user-centric design to deliver a powerful Web3 financial solution:
1. AI-Powered Tax & Portfolio Management
- Real-time automated tax categorization and P&L tracking across multiple platforms
- Compliance reports for 30+ tax jurisdictions
2. Treasury & Payroll Solutions
- Automated crypto salary disbursements, invoicing, and treasury management for businesses
- Multi-wallet and multi-signature integrations for secure fund management
3. Index Funds & AI-Managed Vaults
- AI-optimized vaults that adjust asset allocation based on market trends
- Automated rebalancing and yield optimization strategies
4. Developer Ecosystem & Build-to-Earn Model
- Open API & SDKs for developers to build AI-powered financial apps
- Rewards for contributing plugins to enhance Web3 financial data flow
What have been the biggest twists and turns in Kryptos's journey?
Key challenges include:
- Bridging CeFi & DeFi: Overcoming fragmentation through the development of KryptosConnect for seamless data aggregation.
- Scaling B2C to B2B: Pivoting towards enterprise solutions led to valuable partnerships and new revenue streams.
- Regulatory Navigation: Building modular compliance solutions to help users adhere to local regulations seamlessly.
Upcoming milestones:
- KRYP Token Launch: Planned for Q1 2025
- Expanding enterprise support to 300+ businesses
- Onboarding 500K+ retail users with AI-powered financial automation
- $1M+ in annual recurring revenue through subscription and API services
Why did you choose to join Blockchain for Good Alliance?
Kryptos believes in democratizing financial access by eliminating complexity, reducing costs, and ensuring security in Web3 finance. The Blockchain for Good Alliance aligns perfectly with our mission to empower global financial autonomy for individuals and enterprises.
How can others get involved or support your mission?
- Developers: Join our Build-to-Earn program to monetize your AI & financial automation solutions.
- Businesses: Integrate KryptosConnect to automate treasury, payroll, and compliance reporting.
- Community Members: Engage with our KRYP token airdrop & ecosystem initiatives.
Kryptos Links
- Official Website
- Discord
- Youtube
- Telegram
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