Unlocking Digital Assets For Enterprise Finance.
Bitwave is a SaaS firm that helps all companies that interact with digital simplify their accounting and taxes. The company has created an essential operational product needed for institutions to participate in DeFi. Most tax and accounting solutions treat the essential staking function as a cash disposition combined with an acquisition of tokens, which leads to incorrect P&L. Bitwave instead properly reflects staking by treating transactions as capital transfers into liquidity pools. One of the biggest challenges for corporations to enter the space is understanding how digital assets can fit into their portfolios and manage them alongside traditional assets. By creating these easy-to-use solutions, treasurers, CFOs, and finance team members allows corporations with large balance sheets to allocate thereby further legitimizing the digital asset ecosystem.