Published Feb 15, 2023
By Qredo Team
We are thrilled to announce that we've joined forces with Cryptio as part of our ongoing mission to drive institutional adoption of crypto.
We've partnered up with Cryptio to ensure that organizations have enterprise-grade self-custody solutions and auditable-grade accounting and reporting all in one place.
Cryptio is an institutional-grade crypto accounting platform that helps organizations navigate the digital asset landscape. They do this by bridging the gap between blockchain and ERP accounting software like Netsuite and Xero, so that DeFi, custody, OTC, and exchange data can be readily collated into accurate and auditable enterprise-grade crypto ledgers, for reporting and tax purposes.
Improved accounting for perfect crypto compliance
As a result of our partnership, enterprises and institutions using our custody solution can access Cryptio's services to:
Generate Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) compliant reports
Produce auditable portfolio balance statements
Streamline reporting processes on revenue and expenses
“Qredo's partnership with Cryptio comes at a crucial moment. The need for robust accounting and auditing in the crypto industry has never been greater. Our users can leverage Cryptio’s enterprise-grade software to complete accounting, reporting, tax, and audit preparation on their digital assets to the high standard that auditors require."
– Lilia Severina, Qredo investor & advisor
Blockchain security and transparent accountability: A perfect match
Thanks to Qredo's cutting-edge dMPC technology providing enhanced security on the blockchain, our users can engage with the wide world of DeFi using our secure integrations with MetaMask Institutional and WalletConnect.
"I'm delighted to see the partnership between Cryptio and Qredo, two companies building the necessary infrastructure for crypto to drive its widespread adoption. Together we will further develop the infrastructure our industry needs and offer institutions the assurance they need to enter the space, through our highly secure custody solutions and auditable reporting and accounting."
– Antoine Scalia, Founder and CEO at Cryptio
Cryptio is now adding our back-office services to the frontend, allowing clients to benefit from the best asset protection the industry has to offer.
Now with this exciting partnership with Cryptio our users will be able to access important accountability standards for compliance of the highest caliber. This is in perfect accord with our own goals at Qredo to support the frictionless onboarding of institutional investors to the blockchain space, as well as their secure engagement with the wider DeFi ecosystem.