Octav PRO provides portfolio intelligence and automated Net Asset Value (NAV) reporting specifically for digital assets. The platform offers instant exposure insights and comprehensive monitoring across multiple chains through an integrated dashboard. This service simplifies complex crypto data management, enabling easier performance tracking and compliance for asset managers.
Funding
$6.6M 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.
MZPPTPVXEFounders
Product
Problem
Organizations managing crypto treasuries face challenges in categorizing and reconciling on-chain transactions, leading to difficulties in financial reporting and compliance. Manually tagging and reconciling these transactions is time-consuming and prone to errors.
Solution
Octav is a Web3 financial data platform that automates the categorization and reconciliation of on-chain transactions, providing detailed reports for organizations. The platform transforms raw transaction data into actionable financial insights, enabling streamlined financial reporting and enhanced compliance. Octav offers features such as detailed transaction breakdowns, crypto portfolio management, and profit and loss tracking. By automating these processes, Octav saves organizations time and improves the accuracy of their financial data.
Target Audience
Octav's primary customers include Web3 CFOs, DAO teams, asset managers, high-net-worth individuals, family offices, and tax professionals managing crypto assets.
Features
- Automated categorization of on-chain transactions with transaction type and protocol labeling
- Crypto portfolio management with insights on staked amounts, yields, protocol balances, and values
- Reconciliation tools for enriching transactions with notes and categories
- Wallet positions report with breakdowns of tokens, balance, value, percentage, and network
- PDF and CSV export for integration with accounting software like Quickbooks and Xero
- Profit and loss tracking for all tokens from the first transaction