Ledgible partners with DigiShares

PRNewswireJuly 31, 20233 min

Ledgible, the leading digital asset tax, accounting, and data platform for enterprises and institutions,  announced a partnership with DigiShares, a white-label platform enabling compliant issuance, investor management, and peer-to-peer trading of tokenized digital assets. DigiShares delivers subscriber investment, trade, and distribution data to the Ledgible platform, where economic and ownership activity is analyzed and normalized to enhance efficient CPA-led preparation of Forms 1065 and 1120, Schedule K-1 and other tax returns. With Ledgible, DigiShares issuers, investors, and their accountants realize increased accuracy and efficiency in their tax preparation processes.

“With the growing adoption of¬†crypto¬†and tokenized assets, tax gain and loss accuracy and efficiency in this new, complex environment is critical for each participant in the tokenized asset ecosystem”¬†said Kell Canty, CEO of Ledgible. “Ledgible is excited to work with Digishares in the evolving tax compliance space.”

The Ledgible Digital Asset Tax and Accounting Platform for tax and accounting professionals, enterprises, and institutions supports integrations across major blockchains, cryptocurrency exchanges, wallets, and professional accounting tools. As the bridge between crypto assets and traditional financial accounting, Ledgible determines digital asset tax liabilities and delivers that data to existing and novel TradFi accounting tools. The platform makes digital asset data, Ledgible, across the entire crypto vertical, for institutions, enterprises, and large accounting firms.

Claus Skaaning, Co-founder and CEO of DigiShares, shared,¬†“We are extremely positive about our partnership with Ledgible. This collaboration opens new possibilities for our clients in managing digital assets, enabling them to stay compliant and confident in their tax and accounting practices.”

DigiShares is a digital asset gateway that helps companies harness the power of blockchain technology by expanding access to real-world asset investments via blockchain technology. Through an open ecosystem, DigiShares collaborates on payments, KYC, e-signing, legal, investor management, and trading via smart contracts like real estate.

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