Crypton, a privately owned company headquartered in Ukraine, was founded in 1992 and employs approximately 20 individuals. The company reported $2.9M in revenue as of 2023. Specializing in content security, Crypton offers the development and production of scrambling systems for TV signal and related equipment. The company also develops solutions for organizing pay television, including IPTV broadcasting, cable broadcasting, or hybrid IPTV + cable TV broadcasting. Furthermore, Crypton is involved in the development and production of professional equipment for digital broadcast television across cable, ether, and satellite networks, and the production of equipment for organizing interactive television, such as Video on Demand (VoD), Multiscreen, TVoIP, Time Shifted TV, and Catch-up TV.
On March 26, 2024, Crypton partnered with pixiv, a communications platform, to sell exclusive merchandise featuring new illustrations outside Japan. Also on March 26, 2024, Launcher Solutions announced a strategic partnership with Crypton to enhance digital lending solutions. Separately, a new video game crossover featuring Crypton's Vocaloid idol Hatsune Miku was released on an unspecified date, allowing players to use the character in Crypt of the NecroDancer for a $2 DLC fee on PC and PS4. The market shows significant activity due to the anticipated decision on spot Ethereum ETFs and the release of new cryptocurrencies.