Financial expertise and consulting
Blockchain & Crypto Specialists

Crypto Accounting for the Decentralized Future

Navigate the evolving landscape of digital assets with CFO partners who understand blockchain protocols, DeFi mechanics, and the unique accounting challenges of crypto businesses.

Financial expertise and consulting
Industry Challenges

Crypto Accounting Challenges We Solve

Digital asset companies face unprecedented accounting complexity. Here's how we navigate the evolving regulatory landscape.

Digital Asset Accounting (ASC 350)
Intangible asset treatment requiring impairment testing
Fair value measurement across 1,000+ crypto assets
Cost basis tracking for tax reporting (FIFO, LIFO, Specific ID)
No upward revaluation allowed under current GAAP
DeFi Protocol Revenue Recognition
Staking rewards and yield farming income timing
Liquidity pool fee allocation and impermanent loss
Token airdrops and governance token valuation
Multi-chain transaction tracking and reconciliation
Tax Compliance & Reporting
IRS Form 8949 for thousands of crypto transactions
Staking income, mining income, and hard fork treatment
State-by-state virtual currency tax guidance
International tax implications for global operations
Custody & Security Reconciliation
Multi-wallet reconciliation across hot and cold storage
Bridge transactions and cross-chain asset transfers
Proof of reserves and audit trail documentation
Exchange reconciliation with on-chain verification
Our Expertise

Comprehensive Web3 Financial Services

From centralized exchanges to DeFi protocols, we provide specialized accounting for every blockchain business model.

Exchange Accounting
Trading volume reconciliation
Maker/taker fee tracking
Order book accounting
Customer liability management
DeFi Protocol Accounting
TVL (Total Value Locked) tracking
Liquidity pool accounting
Smart contract revenue flows
Token emission schedules
NFT Platform Accounting
Royalty revenue tracking
Marketplace fee allocation
Gas fee accounting
Creator payment processing
Crypto Tax Optimization
Tax loss harvesting strategies
FIFO vs. specific ID optimization
Mining & staking income reporting
International tax planning
Treasury Management
Multi-asset portfolio tracking
Crypto-to-fiat conversion strategy
Yield optimization analysis
Risk management & hedging
Audit & Compliance
Proof of reserves preparation
Travel Rule compliance (FATF)
OFAC sanctions screening
Annual audit coordination
Web3 Metrics

Blockchain Metrics We Track & Report

Beyond traditional financials, we provide on-chain analytics and Web3 metrics that investors demand.

Protocol Metrics
Total Value Locked (TVL)
Daily Active Users (DAU)
Transaction Volume
Protocol Revenue vs. Fees
Token Economics
Token Supply & Circulation
Token Velocity
Fully Diluted Valuation (FDV)
Token Holder Distribution
Trading Metrics
Trading Volume (Spot & Derivatives)
Maker/Taker Ratio
Market Depth
Spread & Slippage Analysis
Financial Health
Crypto Assets vs. Liabilities
Runway (in USD & Native Tokens)
Treasury Composition
Realized vs. Unrealized Gains
Proof of Reserves

On-Chain Financial Transparency

In the age of blockchain transparency, stakeholders expect verifiable proof of reserves and real-time solvency. We help crypto companies build trust through cryptographic proof and transparent reporting.

100%
Asset Reconciliation Rate

Every on-chain transaction verified and matched to books

Real-Time
Treasury Monitoring

24/7 dashboard tracking all wallet balances and transactions

12 Audits
Proof of Reserves Delivered

Clean attestations with cryptographic verification

Recent Achievement

Clean Audit

Our Clients

"Rich and the aquifer team helped us significantly improve our financial infrastructure. This allows us to focus on scaling faster, while feeling confident we have the right financial systems in place."

"The Aquifer team has been incredibly insightful in approaching our finance stack, making them an invaluable partner for our business. They work with us rather than around us and continue to lend their expertise in the world of web3 accounting."

"Aquifer was instrumental in helping GDA scale by providing financial infrastructure & processes, financial advisory seed + Series A rounds, corporate accounting & tax support, and any other ad-hoc projects. The team brought a strong sense of co-founder ownership."

The Aquifer Difference

Strategic Partners Who Speak Blockchain

We don't just track transactions. We become integrated partners who understand your tokenomics, protocol design, and compliance requirements—speaking the language of decentralized finance.

Web3-Native Expertise

We've scaled blockchain companies from seed to $1B+ valuations, understanding nuances from gas optimization to DAO treasury management.

Regulatory Compliance Built-In

Stay ahead of evolving crypto regulations with proactive compliance frameworks, travel rule implementation, and regulatory reporting.

On-Chain to GAAP Bridge

Seamless integration between blockchain data and traditional accounting, ensuring audit-ready financials at all times.

Our Team

Meet Your CFO Partners

Our experienced CFOs bring decades of expertise across various industries to help your business thrive

Rich Zhou
CEO & Founder
Terence Papadacos
COO & Manager of Accounting
Alexander Williamson
Senior Manager of Accounting
Ron Armstrong
Senior Business Analyst
Witton Leung
Financial Modeling Expert
Lydia Yu
Manager of Accounting
Mhilanie Belleza
Manager of Accounting
Want to learn more about our team and expertise?
View Full Team Bios
Common Questions

Crypto Accounting FAQ

How do you handle digital asset accounting under current GAAP?
Can you reconcile transactions across multiple blockchains?
How do you calculate cost basis for crypto tax reporting?
What's your experience with DeFi protocol accounting?
Do you help with proof of reserves attestations?
How do you handle NFT marketplace accounting?
What about crypto mining and staking income?
Can you help with international crypto tax compliance?
Let's Get Started

Ready to Build Compliant Web3 Financials?

Get a free crypto accounting audit. We'll review your on-chain transactions, identify compliance gaps, and show you exactly how to build investor-grade blockchain financials.

Free Audit ($3,000 value
Web3 Expert Consultation
Custom Compliance Roadmap