What is Bitwave?
Bitwave provides a comprehensive enterprise software solution designed specifically for managing digital assets within traditional financial frameworks. The platform automates complex crypto accounting workflows, enables stablecoin-based B2B payments with near-instant settlement, and generates audit-ready financial reports compliant with GAAP/IFRS standards.
By connecting blockchain, wallet, and exchange data directly to enterprise resource planning (ERP) systems, Bitwave eliminates manual data entry and fragmented reporting. The platform supports over 50 blockchains and integrates with major custodial providers, exchanges, and DeFi protocols, offering a unified view of digital asset activity while maintaining SOC 1 Type 2 and SOC 2 Type 2 security standards.
Features
- Stablecoin B2B Payments: Enable near-instant settlement for accounts payable and receivable with crypto invoicing and customizable approval flows
- Enterprise-Grade Subledger: Sync every on-chain transaction directly with ERP systems from any blockchain, wallet, exchange, or protocol
- Automated Accounting: Eliminate manual data entry with smart transaction categorization, internal transfer detection, and direct ledger posting
- Audit-Ready Reporting: Generate GAAP/IFRS-compliant financial reports with flexible digital asset impairment and fair value accounting
- DeFi Monitoring: Track DeFi activity with accrued rewards monitoring, point-in-time balance dashboards, and automatic transaction categorization
- Institutional Reconciliation: Close books faster with automated reconciliation capabilities for precise transaction tracking
Use Cases
- Automating back-office operations for crypto-native businesses with high-volume transactions
- Managing stablecoin accounts payable and receivable for enterprise finance teams
- Tracking crypto mining revenue and staking operations for tax-ready accounting
- Administering digital asset portfolios for fund management with real-time compliance
- Reconciling blockchain transactions with traditional bank accounts for institutional clients
- Generating audit-ready financial reports for exchanges and custodial service providers
FAQs
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What types of blockchains does Bitwave support?
Bitwave supports tokens on Bitcoin, Ethereum (including all ERC-20 tokens and Layer 2 solutions), Solana, NEAR, and over 50 other blockchains, with constant additions to their integration portfolio. -
How does Bitwave ensure data security for financial information?
Bitwave provides on-chain data backed by SOC 1 Type 2 and SOC 2 Type 2 security certifications, ensuring enterprise-grade protection for sensitive financial data. -
Can Bitwave integrate with existing enterprise resource planning systems?
Yes, Bitwave offers native ERP integrations that sync blockchain data in real-time with existing back-office software, eliminating manual errors and enabling easier reporting. -
What types of digital asset reporting does Bitwave provide?
Bitwave generates GAAP/IFRS-compliant financial reports, tax documentation, compliance reports, and offers both instant out-of-the-box reporting and customized reporting options. -
Does Bitwave support multi-signature wallet integrations?
Yes, Bitwave supports various multi-signature wallets including Gnosis Safe, Zebec, and Electrum, with ongoing additions to their supported wallet portfolio.
