Cryptoworth

Cryptoworth is a powerful and highly specialized crypto accounting platform developed to help businesses reconcile, track, and report blockchain-based financial data with precision. Founded in 2017, the platform emerged as a response to the increasing complexity of managing digital asset records. As Web3 ecosystems evolved, so did the need for a secure, scalable, and intuitive financial reporting engine that supports crypto-native use cases. Cryptoworth meets this demand by supporting integrations with over 1,000 data connections, including 230+ blockchains, exchanges, DeFi protocols, wallets, and custodians.

The platform focuses on automating crucial accounting tasks like month-end closings, cost basis calculations, gain/loss reports, and tax tracking. It supports First-In-First-Out (FIFO), Last-In-First-Out (LIFO), and Weighted Average Cost (WAC) methods for flexible tax lot management. Additionally, Cryptoworth is capable of handling multi-entity structures, allowing large enterprises, DAOs, and foundations to segregate assets while still maintaining a centralized view.

Security and compliance are top priorities. Cryptoworth runs entirely on AWS infrastructure with SOC 2 Type I and II certifications, TLS 1.2 encryption, and secure data protocols for safeguarding enterprise data. It aligns with evolving global regulations such as VASP, VARA, MiCA, and MAS. Through its robust audit logs, portfolio segregation features, and sanity checks, the platform helps ensure data reliability during internal and external audits.

Some of the leading alternatives to Cryptoworth include Koinly, Cryptio, Bitwave, Integral, and Tres Finance. However, where Cryptoworth stands out is in its comprehensive subledger capabilities, advanced API coverage, and real-time reconciliation dashboards, which are especially beneficial to high-volume or regulatory-heavy organizations. Its performance has been validated by G2’s Software Rankings, where it has received multiple awards for support and innovation.

As Web3 and digital finance continue to evolve, Cryptoworth remains committed to simplifying complex crypto operations. Its ability to streamline workflows, ensure data accuracy, and remain adaptable makes it a core component in the infrastructure of serious blockchain-enabled enterprises. Cryptoworth continues to innovate with its API-driven engine, helping clients transition smoothly from legacy tools to modern crypto-native financial management systems.

Cryptoworth provides numerous benefits and features that make it a standout project in the crypto accounting landscape:

• Comprehensive Integrations: Connect with over 1,000 sources including 230+ blockchains, exchanges, wallets, and DeFi protocols, all consolidated in one platform.
• Enterprise-Level Reporting: Generate audit-ready reports, trial balances, PnL statements, and asset roll-forwards with full GAAP/IFRS compliance.
• Real-Time Dashboards: View up-to-date crypto portfolio insights with support for multi-entity structures and roll-up reporting.
• Automated Tax Compliance: Run cost basis calculations and tax lot tracking using FIFO, LIFO, or WAC methods.
• Security and Compliance: End-to-end encryption, SOC 2 certification, and full regulatory alignment with VASP, VARA, MiCA, and MAS.
• API-Driven Infrastructure: Developers can build custom workflows and syncs using Cryptoworth’s headless API engine.
• Award-Winning Support: Recognized on G2 for best-in-class support across all tiers, including sandbox users.

Cryptoworth offers a simple yet scalable onboarding process for teams looking to integrate crypto accounting software into their financial systems:

• Create an Entity or Portfolio: Sign up on Cryptoworth and set up your workspace by choosing your fiat base currency and initial chart of accounts.
• Connect Wallets and Exchanges: Use API keys or wallet addresses to securely connect with supported platforms like Binance, Coinbase, Kraken, and more.
• Run Sanity Checks: Automatically validate on-chain transactions for completeness and accuracy using Cryptoworth’s built-in tools.
• Configure General Ledger Mapping: Sync transactions to QuickBooks, Xero, or NetSuite by mapping your digital asset accounts to your GL accounts.
• Run Reports and Automate Rules: Generate detailed reports for tax, gain/loss, and PnL, and set classification rules for recurring transactions and spam tokens.
• Collaborate with Your Team: Share access with your finance team or external auditors for real-time collaboration and attestation.
• Try Sandbox First: Explore Cryptoworth’s features risk-free with the sandbox tier, including 5 wallet connections and 2,000 transactions.