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Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting

  • bhoomisinghal0
  • Jun 21, 2024
  • 1 min read

Cryptocurrency custody firm Fireblocks will offer clients the ability to generate audit-ready reports in one click in a deal with Tres, a startup that helps organizations handle accounting, auditing and tax reporting for digital assets as it anticipates growing interest in areas like tokenization of real-world assets. Tokenizing traditional assets is a growing trend among financial institutions, and many other organizations have started holding bitcoin and adding it to their balance sheets. As crypto becomes more widely adopted, firms will need a context that's as familiar as the Web2 world. 


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