Cryptoworth provides automated crypto accounting software that integrates with over 1,000 data sources, including blockchain networks and exchanges, to streamline transaction tracking and financial reporting. This solution eliminates manual data entry errors and accelerates month-end closing processes, enabling CFOs and accountants to efficiently manage digital asset portfolios.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing cryptocurrency transactions and generating financial reports is a complex and time-consuming process, often requiring manual data entry from multiple sources. Accountants and financial professionals face challenges in accurately tracking digital asset portfolios, reconciling transactions, and complying with evolving tax regulations.
Solution
Cryptoworth provides an automated crypto accounting software solution that streamlines digital asset management and financial reporting. The platform integrates with over 1,000 data sources, including blockchain networks, cryptocurrency exchanges, and custodian services, to automate transaction tracking and eliminate manual data entry. By connecting to various accounting systems via APIs, Cryptoworth enables seamless synchronization of crypto financial data with general ledgers. The software facilitates real-time collaboration, allowing internal and external stakeholders to manage portfolios securely.
Target Audience
Cryptoworth is designed for accountants, accounting firms, enterprises, crypto traders, miners, and funds involved in managing digital assets and requiring accurate financial reporting and compliance.
Features
- Automated transaction tracking and reconciliation across 190+ blockchain networks
- Integration with major cryptocurrency exchanges and custodian platforms
- Compatibility with accounting software such as QuickBooks, NetSuite, Xero, and Sage via APIs
- Real-time portfolio performance monitoring and reporting
- Support for DeFi and NFT accounting
- Tools for managing accounts receivable and accounts payable in cryptocurrency
- Automated generation of CSV and PDF reports
- Role-based access controls for secure collaboration