Crypto sub-ledger for on & off-ramp providers
Generate complete and accurate financial statements to GAAP & IFRS standards
Generate complete and accurate financial statements to GAAP & IFRS standards
Trusted by 450+ enterprises, including the leading on-ramp solutions
Automate your back office
to an auditable standard
Prepare monthly close materials including trial balance reconciliation and P&L reports
Auto-generate a complete transaction history from all exchanges, wallets, and custody solutions
Map transactions to general ledger accounts and general journal entries
Leverage inbuilt internal controls to ensure the accuracy and completeness of data
Process high transaction volumes
Automate valuation and pricing of assets to an audit-ready standard, choose your principal market
Compute cost basis and gain & loss computations, even at high transactions volume (100M+)
Create rules to identify counterparties, categorize transactions, and internal transfers for accurate reports
Audit ready - completeness, accuracy, and internal controls
Prove data completeness & accuracy with the in-app sanity check (built in collaboration with the Big4)
Generate detailed reports to assure auditors of the accuracy of your reports
In-app trial balance view ensuring accurate and complete reconciliation
Impairment testing & reporting to an auditable standard
Automate impairment testing and reporting for your portfolio holdings
Track the impaired cost basis & realized gains and losses with a complete audit trail
Generate GAAP complaint reports for your financial statement preparation
GAAP & IFRS Reporting Bundle
Streamline month-end reconciliation with our GAAP & IFRS compliant reporting pack – Asset-roll forwards, Trial Balances, Ledger Entries, Portfolio Balances, and Transaction History
Sync journal entries to your general ledger with native integrations with Netsuite, SAP, QBO, Xero and more
Automate impairment reporting as per GAAP & IFRS standards on treasury holdings with a SOC 1 & 2 compliant platforms
Broad chain, custody, and exchange coverage
Coverage for over 500k assets across 18+ L1 & L2 chains
Automatically detect all EVM chains your wallets are active on
Track assets held in 20+ custody & exchanges with direct integrations
Working with leading enterprises and CFOs
“Cryptio has helped us automate our back-office and pull in all the transaction data from exchanges, wallets, and custodians. They know the challenges an on-ramp company faces with regard to accounting, internal controls and statement prep. They have a great customer success team too!”
The market-leading solution
built for on & off ramps
Cryptio vs.
Bitwave
Bitwave
On-chain data accuracy and completeness
Proprietary accounting focussed indexers for supported chains
Battle-tested indexers built with and for L1 foundations (5-year track record)
N/A
Battle-tested indexers built with and for L1 foundations (5-year track record)
N/A
Proprietary node data infrastructure for supported chains
Self hosted nodes + Working with L1 Foundations
Reliance on explorer APIs
Self hosted nodes + Working with L1 Foundations
Reliance on explorer APIs
Accurate smart contract based internal-transaction tracking
Tracked by Cryptio’s Smart Contract Engine unlike block explorers
Reliance on explorer APIs
Tracked by Cryptio’s Smart Contract Engine unlike block explorers
Reliance on explorer APIs
On-going improvements to data completeness
Every 2-weeks sprint is released. Possible because of the vertically integrated node hosting & indexing
Reliance on explorer APIs
Every 2-weeks sprint is released. Possible because of the vertically integrated node hosting & indexing
Reliance on explorer APIs
Internal controls
Balance reconciliation / Sanity checks for transaction completeness
In-app sanity checks
- Wallet level
- Token Level
- Completeness health score
- Spam token filter
- Material asset checks
- Detailed reports for auditors
N/A
In-app sanity checks
- Wallet level
- Token Level
- Completeness health score
- Spam token filter
- Material asset checks
- Detailed reports for auditors
N/A
In-app trial balances dashboard
Live chart of accounts with an overview of debits and credits to spot inaccuracies
None
Live chart of accounts with an overview of debits and credits to spot inaccuracies
None
Accuracy review workflow
Built for monthly reconciliation. Flags unlabeled transactions, internal transfers, and incomplete CoA mapping
None
Built for monthly reconciliation. Flags unlabeled transactions, internal transfers, and incomplete CoA mapping
None
Cross-chain activity tracker
Flags if a wallet has become active on any other L1 or L2 network and prompts you to import it
None
Flags if a wallet has become active on any other L1 or L2 network and prompts you to import it
None
Automated labeling and GAAP & IFRS reporting
Automated labels and contacts set up
Highly customizable labels that automatically categorize revenue, swaps, expenses, gas, DeFi transactions, and more – at scale
Contact ID, Individual labels, to & from rules. Limited functionality to label at scale
Highly customizable labels that automatically categorize revenue, swaps, expenses, gas, DeFi transactions, and more – at scale
Contact ID, Individual labels, to & from rules. Limited functionality to label at scale
GAAP & IFRS Reporting suite
Reporting suite built with Big4 guidance:
- Transaction level cost basis and gain & loss reporting
- Asset roll forwards, trial balances, portfolio balances
- Audit ready impairment reports
- Robust reporting for small businesses (low transaction volumes)
- No transaction level gain and loss reporting
- Limited impairments reporting
Reporting suite built with Big4 guidance:
- Transaction level cost basis and gain & loss reporting
- Asset roll forwards, trial balances, portfolio balances
- Audit ready impairment reports
- Robust reporting for small businesses (low transaction volumes)
- No transaction level gain and loss reporting
- Limited impairments reporting
Accounting integrations
Native: Netsuite, Quickbooks, Xero
Export for SAP, Dynamics365, FinancialForce, Sage and Workday
Netsuite, Quickbooks, Xero, Sage
Export for Workday
Native: Netsuite, Quickbooks, Xero
Export for SAP, Dynamics365, FinancialForce, Sage and Workday
Netsuite, Quickbooks, Xero, Sage
Export for Workday
Labelling by Smart Contract Function ID
Powered by our Smart Contract Engine you auto label different movements triggered by smart contracts
Manual
Powered by our Smart Contract Engine you auto label different movements triggered by smart contracts
Manual
Processing high transaction volumes and no. of tokens
Cost basis methodology
FIFO, LIFO, HIFO, and WAC on a wallet & universal level. Battle-tested by Big4 auditors
FIFO, LIFO, WAC
FIFO, LIFO, HIFO, and WAC on a wallet & universal level. Battle-tested by Big4 auditors
FIFO, LIFO, WAC
Raw processing power - supports high transaction volumes
Over 100 million transactions. Proven track record with Metamask, 1inch & 450+ clients
N/A
Over 100 million transactions. Proven track record with Metamask, 1inch & 450+ clients
N/A
Treatment of tokens based on their distinct requirement
Intelligent organization of smart contract-based transactions and AI detection of internal transfers
With manual intervention
Intelligent organization of smart contract-based transactions and AI detection of internal transfers
With manual intervention
Accounting expertise and customer support
Experience with internal and external audit preparation
Track record of taking 100+ enterprises through audits
Experience in audit preparation
Track record of taking 100+ enterprises through audits
Experience in audit preparation
Accounting strategy subject matter experts
Dedicated team working with Big4 and FASB to establish industry best practices
N/A
Dedicated team working with Big4 and FASB to establish industry best practices
N/A
Customer success
Dedicated account managers and technical support from implementation to audit preparation
Partially outsource implementation and support
Dedicated account managers and technical support from implementation to audit preparation
Partially outsource implementation and support
Get started with Cryptio today
Speak to one of our experts for a free discovery consultation.