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Finance departments are stuck between fast-evolving crypto payment rails—transparent but complex, immutable but unforgiving—and legacy accounting systems not designed to recognize blockchain transactions or digital asset classes.
This mismatch leads to painstaking manual work, overlooked transactions, and mounting risks of fines or audit failures.
Stakeholders find themselves trapped by a lack of interoperability, hampering both innovation and daily operations.
The root cause is the lack of standardized frameworks, tools, and APIs that translate blockchain payment activity into formats comprehensible by accounting platforms.
Lack of real-time data integration and inconsistent classification of crypto assets across jurisdictions further hinder seamless reconciliation.
Currently, most teams rely on ad-hoc spreadsheet workarounds or fragmented crypto tax tools, which lack integration with ERP/accounting suites and do not cover real-time, multi-asset reconciliation at scale.
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This report has been prepared for informational purposes only and does not constitute financial research, investment advice, or a recommendation to invest funds in any way. The information presented herein does not take into account the specific objectives, financial situation, or needs of any particular individual or entity. No warranty, express or implied, is made regarding the accuracy, completeness, or reliability of the information provided herein. The preparation of this report does not involve access to non-public or confidential data and does not claim to represent all relevant information on the problem or potential solution to it contemplated herein.
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