.png)
Bitwave, the leading enterprise financial platform for digital assets, proudly announces its receipt of an Activation Award grant from the Stellar Community Fund!
Our goal with this award is to seamlessly integrate Stellar on-chain data into the Bitwave platform. This will enable finance teams to account for on-chain activity, build financial reports such as G/L, automate transaction categorization.
We are excited to support FinTech and Fortune 100 companies that drive innovation in the Stellar ecosystem by tokenizing real-world assets – such as stablecoins – and offering cross-border remittance and other financial instruments.
From here, our team will continue engineering a dedicated node and custom indexer in partnership with Stellar’s active ecosystem and community. We’re excited to contribute to the growth of this industry-leading, energy-efficient blockchain.
This partnership will empower developers, startups, and enterprises within the Stellar ecosystem with simplified financial compliance and faster insights.
Together, Bitwave and Stellar are enabling the next wave of enterprise money transfers.
Enabling Adoption with Frictionless Regulatory Compliance
Bitwave delivers unmatched, audit-ready reporting with granular transparency. With SOC 1 (T2) and SOC 2 (T2) compliance, Bitwave ensures that financial teams can confidently make faster data-driven decisions.
With the development of a high-volume indexer, Bitwave will be uniquely positioned to collect, analyze, and store transaction data on the Stellar network with true enterprise-grade controls.
This integration will enable a range of enhancements to supercharge accounting and finance workflows – like granular, lot-by-lot cost-basis tracking, simplified pricing analysis, and instant GAAP/IFRS-compliant reporting.
Ready, Set, Build
The Stellar Development Foundation, known for its commitment to fostering innovation and accessibility in blockchain technology, selected Bitwave to empower the Stellar ecosystem with seamless accounting automation, simplified compliance processes, and audit-ready financial reporting.
By supporting Stellar developers with simplified financial compliance and faster insights, Bitwave is enabling the next wave of enterprise money transfers.
Want to stay up-to-speed on Bitwave’s support for the Stellar ecosystem?
Fill out this form – you’ll be the first to know all the latest!
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
