Our Case Studies

Trust Machines is a leading developer of Bitcoin infrastructure and technology, enabling its value as a decentralized final settlement layer for a wide range of use cases. Their applications and products focus on real-world utility – like a premium self-custody Bitcoin wallet. With Bitwave’s seamless integration with QuickBooks and enhanced financial reporting capabilities, the Trust Machines team was able to reduce manual entries and improve the operational efficiency of handling high-volume transactions.

BetDEX Labs, a pioneering decentralized sports betting platform built on Solana, faced significant challenges in managing and integrating their on-chain transactions with traditional accounting software.As the Chief of Staff and lead for accounting & finance operations, Edward Sherfey sought a solution to streamline this process and ensure clarity and compliance in their financial records.BetDEX's decision to partner with Bitwave was driven by the need for a sophisticated crypto bookkeeping tool that could seamlessly integrate with their existing accounting system, Xero.

Gearlay, a crypto bot trading company, faced the daunting challenge of managing a multitude of cryptocurrency transactions generated by their trading activities. With over 33 wallets and 718,000 transactions, spanning various cryptocurrencies and chains including Ethereum (ETH), Binance Smart Chain (BSC), Polygon, and Arbitrum, their accounting team was struggling to maintain accurate financial records. Recognizing the need for expert assistance, Gearlay turned to MetaCounts for a solution.

Hack VC, a pioneering venture capital firm specializing in digital assets, faced significant challenges in managing the complex reporting, accounting, and custody of tokens and wallets. Jigar Shah, as the VP of Finance, was at the forefront, manually tracking transactions and striving to maintain accurate financial records amid rapidly growing asset volumes. This process was highly centralized, cumbersome, and time-consuming, prompting Hack VC to look for a robust solution.

Dexalot is a decentralized exchange platform, aiming to provide users with a secure, fast, and low-cost trading experience. The platform operates using a fully on-chain Central Limit Order Book, ensuring high transactional throughput with <1 second finality, and is built on an Avalanche L1, a fast, scalable smart contract platform. Bitwave’s proactive service team has been pivotal in helping Dexalot grow and navigate complex bookkeeping challenges.

Shrapnel, the first AAA web3 gaming studio, is a Seattle-based organization composed of a team of gaming and blockchain experts that have produced major franchises, won over 40 entertainment awards, and reached over 100 million fans. Their vision is to create the first competitive multiplayer FPS that allows players to create, own, and trade their Player-Created Content. Shrapnel was also awarded the "Most Anticipated Game" and "Best Game Trailer" prize by Web3 Gamer.

Learn how Art Blocks’ partnership with Bitwave optimized and automated crucial processes for the organization’s NFT accounting workflow, including automatic monthly close processing, high-volume revenue recognition from various Ethereum wallets, and seamless integration with Quickbooks and NetSuite.

Learn how OpenSea uses Bitwave to automatically categorize and reconcile millions of transactions directly Into NetSuite.