CoinTracker Enterprise: introducing the future of digital asset accounting

Today, we are excited to launch CoinTracker Enterprise into beta: our B2B cryptocurrency accounting solution.

After speaking with hundreds of customers and digital asset professionals, it has become clear that existing attempts at solving cryptocurrency accounting have fallen flat, leaving finance teams with significant manual reconciliation work and clunky tools. No longer.

We have seen that each wave of cryptocurrency adoption has come with a new driving force, whether it be Bitcoin, ICOs, DeFi, or NFTs. In 2024, we are seeing the driving force of crypto adoption shift from consumer-driven to institutional-driven demand and a new wave of businesses handling cryptocurrency on their books. This comes from accepting crypto payments, making crypto payments, crypto treasury management, or financial operations partially on crypto rails. Servicing these businesses' needs is a critical step in driving crypto adoption because as more businesses accept and handle crypto, more consumers can leverage crypto for real-world use cases.

Now, CoinTracker Enterprise sets a new standard in digital asset accounting.

The secret? CoinTracker Enterprise leverages the same technical foundation powering our market-leading consumer crypto tax and portfolio tracking products, which has been honed over the past seven years. By extending this superior-quality foundation, CoinTracker Enterprise unlocks a step-function improvement in how cryptocurrency companies manage their digital assets. This new product addresses the growing complexity of crypto transactions, offering unparalleled accuracy, security, and ease of use.

The rapid growth of digital assets in the latest cryptocurrency bull run has presented unique challenges. There are currently $120 billion in tokenized assets on the blockchain, with a market expected to grow beyond $4 trillion by 2030. For accounting professionals, this presents an unprecedented challenge.

Traditional accounting systems are ill-equipped to handle the intricacies of digital assets, leading to hundreds of hours of manual and inefficient reconciliation work done by hand. Existing solutions on the market miss the mark — they’re slow, inaccurate, missing key integrations, and still require meaningful manual effort to quickly and accurately close your books when you have digital asset activity.

CoinTracker Enterprise — a comprehensive cryptocurrency accounting sub-ledger — solves this problem head-on. Key features of CoinTracker Enterprise include:

• Seamless integrations: easily integrates with the top digital asset custodians (including Anchorage Digital, BitGo, Coinbase Prime, and Fireblocks), as well as the top ERP systems (Oracle NetSuite, Sage Intacct, QuickBooks Online, and Xero)
• Rules-based automation: assign a specific type of transaction to a particular account once and then automatically have that mapping to journal entries apply to all other transactions retroactively and continuously going forward
• Crypto native: CoinTracker Enterprise offers robust integrations with over 10,000 crypto assets and does the heavy lifting for you by auto-parsing 50,000 DeFi smart contracts
• Compliant and safe: rest assured, CoinTracker Enterprise is SOC-1 and SOC-2 Type II compliant and adheres to the latest ASU 2023-8 FASB accounting guidelines
• Whiteglove support: CoinTracker Enterprise comes with enterprise-grade support, with a dedicated and responsive account manager
• User-Friendly interface: CoinTracker Enterprise leverages the best of consumer-friendly user experience to be easy for finance teams to use, so you can spend less time reconciling transactions and more time building your business

Here’s what one of our design partners had to say about CoinTracker Enterprise:

"CoinTracker Enterprise has been a game changer and one-stop shop for our digital asset accounting. Onboarding was quick and painless. Support has been responsive and high quality. Overall, we’ve been impressed with the product’s ability to categorize transactions quickly and accurately. Working with CoinTracker Enterprise has been a breeze, and I’d suggest it to anyone looking for a digital asset accounting solution."

— Allie Page, Chief of Staff at The Blockchain Association

With the beta launch of CoinTracker Enterprise, we are excited to take one step towards our mission of enabling everyone in the world to use cryptocurrency with peace of mind.

Sign up today to get early access to CoinTracker Enterprise →