CORPORATE SERVICES
Custom strategies and internal processes for businesses trading and transacting in digital assets.
Gocheto recognizes the inevitable growth of open-source Bitcoin, Ethereum, and L1 technologies as the most significant financial innovations since fiat currency, serving corporations with digital currency-focused balance sheets for a decade.
Expertise
ACCOUNTING & AUDITS
Traditional accounting systems & methods aren't built to handle digital assets' ever fluctuating value. Bridging, staking, and swapping assets lead to challenges in classification, valuation, and reporting.
It's necessary to have an automated accounting system that records several data points at once and then categorizes activity based on the captured information. Gocheto resolves the cost basis calculation problem that plagues many businesses collecting digital assets as revenue.
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What goes into a bespoke digital asset accounting solution?
DATA POINT COLLECTION
Understanding the full picture of your activities starts with knowing what data to track and how to record it. We build systems to collect and cross-reference transaction hash data with internal and external sources.
AUTOMATED FINANCIAL STATEMENTS
Mapping transaction hash data to internal reports and financial statements with bespoke accounting solutions.
DIGITAL ASSET STORAGE
Locking up a majority of funds under cold storage & provisioning for immediate liquidity needs using multi-signature hot wallets.
ASSET GROUPING STRATEGY
Separation of assets under different addresses on the Bitcoin network allows for a much cleaner audit trail, along with an easier way to justify your cost basis methodology (LIFO, FIFO).
EXCHANGE & PLATFORM LICENSING
Through jurisdictional analysis, we offer insight into what licenses apply to your digital asset activity and how to limit regulatory liability. Gocheto is the firm you rely on to understand every element of your application process, providing progress reports along the way.
In addition to identifying the most suitable location for your platform based on factors such as regulatory environment, cost of licensing, tax implications, and market opportunities, we set up frameworks and software to mitigate suspicious, illegal, and fraudulent activity.
Applying for a license in any jurisdiction will require the following:
Planning & Research
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Market research
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Business plan
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Financial audit
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Application preparation
External Relationships
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Banks
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Desks & Exchanges
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Government bodies
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Media
Technical Assistance
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Transaction monitoring tools
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Security audit
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Treasury management
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Security & wallet controls
Design & Maintenance
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User interface
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Server maintenance
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2FA solutions & onboarding
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Compliance updates
Internal Training
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Hiring qualified staff
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Compliance department setup
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Team training
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KYC, AML policies
Project Management
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Liaise between all parties
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Stay on time & budget
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Turn business requirements into deliverables
DIGITAL ASSET TRANSFORMATION
There is a new financial system upon us, those who master it first will receive substantial rewards. Expose your business to new opportunities within the token and decentralized tech ecosystem and train your teams to solve problems from new perspectives.
Don't become a victim of digital asset adoption inefficiencies, legal errors, mismanagement of funds, hacks, reputational harm, strategic mistakes, missed opportunities, or burnout. Incorporate upskilling programs into every department and benefit from a team who understands the core concepts of the digital assets industry.​
Digital Asset Training & Transformation Topics
