RSM & Bitwave to revolutionize financial compliance for digital assets

Bitwave announces a strategic alliance with RSM to help businesses mitigate the operational and regulatory complexities of digital assets
GlobeNewswireFebruary 1, 20244 min

Bitwave, the leading digital asset finance platform for enterprises, is pleased to announce a strategic alliance with RSM US LLP (“RSM”), the leading provider of assurance, tax and consulting services for the middle market. Together, the companies will assist mid-market companies with navigating the operational and regulatory complexities of digital assets.

The alliance brings together Bitwave’s cutting-edge software platform with RSM’s professional assurance, tax, and consulting services. Bitwave automates the flow of data from more than 70 blockchains, protocols, and exchanges into leading ERP systems such as Oracle NetSuite, QuickBooks, and Sage Intacct. Together, Bitwave and RSM will provide businesses operating in the digital asset space with comprehensive advisory and managed services, facilitating risk mitigation, compliance assurance, and optimization of digital asset operations.

“Both accounting for digital assets and recording them on your general ledger natively are incredibly challenging,” said Jay Schulman, RSM US LLP Principal and Innovation leader.

“Our clients are looking for a way to seamlessly report on their digital assets inside their ERP much like they do with cash or other assets. I’m excited about integrating Bitwave into our solution stack to make this a reality for our clients.”

The strategic alliance between Bitwave and RSM is designed to offer scalable solutions suitable for businesses of all sizes, ranging from crypto-native startups to established enterprises exploring blockchain-based solutions. This alliance ensures seamless operational implementation and experienced advisory guidance, enabling businesses to navigate the intricate landscape of digital asset management.

“At Bitwave, we’re incredibly excited to work with RSM – their deep industry expertise, commitment to innovation, and optimistic vision for the future of digital assets resonates strongly with our core values,” said Bitwave Co-Founder and COO, Amy Kalnoki.

“Together, we’re committed to empowering businesses with workflow and process expertise, while simplifying digital asset complexities and accelerating tangible results. We look forward to driving meaningful impact together with RSM in this rapidly evolving landscape.”

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