After acquiring ‘Built for Netsuite’ status this summer, we at Bitwave have seen rapid growth in the number of NetSuite customers seeking to use cryptocurrencies and digital assets in their businesses.
One such customer is Anchorage Digital, the first federally chartered digital asset bank. As a custodian, Anchorage requires a robust accounting solution to support compliance and regulatory standards. Tracking customer digital assets alongside corporate digital assets can be a complicated task, but is incredibly important to support Anchorage's lofty goals.
“The combination of Bitwave and NetSuite is unmatched in handling the complex challenges of digital asset accounting,” says Don Marczewski, Brokerage Accounting Director at Anchorage. “We have tough digital asset accounting requirements, and we couldn’t do it without the powerful combination of Bitwave integrated into NetSuite.”
Bitwave, the first enterprise-focused digital asset platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, is a sponsor of SuiteWorld 2022, Oracle NetSuite's annual gathering of the NetSuite community. SuiteWorld brings together NetSuite customers, developers, and partners such as Bitwave SuiteWorld will take place September 27 – 30, 2022, at Caesars Forum in Las Vegas.
Are you going to SuiteWorld 2022 next week? Stop by our booth or join us for a happy hour!
Contact jesse.dykstra@bitwave.io to secure a spot!
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.
