INSIGHTS

From the trenches. Not the textbook.

Hard-won lessons from a decade of institutional crypto fund accounting. No theory — just what works, what breaks, and what nobody tells you.

REGULATIONLatest

The Five Buckets That Just Rewired Crypto Accounting

The SEC and CFTC just sorted every crypto asset into five buckets. Everyone read it as a legal story. The part nobody covered: each bucket triggers a different GAAP treatment — the framework rewired your balance sheet, not just the rulebook.

June 2026 7 min read
Read article
REGULATION

The Five Buckets That Just Rewired Crypto Accounting

The SEC and CFTC just sorted every crypto asset into five buckets. Everyone read it as a legal story. The part nobody covered: each bucket triggers a different GAAP treatment — the framework rewired your balance sheet, not just the rulebook.

June 2026 7 min readRead
REGULATION

The CLARITY Act in 60 Seconds: What Changes for Your Books

March's SEC-CFTC framework was guidance — a position a future regulator can reverse. The CLARITY Act would make it law, turning your crypto classification from defensible to durable. Here is what codification does to your books.

June 2026 6 min readRead
STRATEGY

Why Your Web3 Startup Needs a CFO Before Series A

The fundraise is the easy part. What kills Web3 startups is the 18 months after, when token vesting, multi-chain treasuries, and regulatory obligations collide with a spreadsheet held together by prayers.

April 2026 8 min readRead
OPERATIONS

Monthly Close in 48 Hours: How AI Changes Fund Accounting

The industry's median monthly close runs about a week — many funds take far longer. We close months in under 48 hours. Here's the architecture that makes it possible.

April 2026 7 min readRead
TAX & COMPLIANCE

The Hidden Tax Traps of Token Vesting

83(b) elections, constructive receipt, fair market value on illiquid tokens — the intersection of IRC and DeFi creates traps that most CPAs have never encountered.

April 2026 9 min readRead
FUNDRAISING

What Investors Actually Want to See in Your Financials

After reviewing hundreds of fund and portfolio company financials from the investor side, here's what actually moves the needle in due diligence — and what's just noise.

April 2026 6 min readRead
COMPLIANCE

What Your Investors Learn When You Can't Answer the Audit Questionnaire

From our own year-end cycle: 68% of portfolio companies couldn't fully respond to a routine audit questionnaire. Not because they're failing — but because nobody told them what investors read into the gaps.

April 2026 9 min readRead
OPERATIONS

The Treasury Blind Spot: When Your Board Doesn't Know Your Runway

Multiple portfolio companies this year-end cycle couldn't state their December 31 cash balance. One held nearly its entire treasury in Bitcoin against a thin sliver of cash. Another dissolved without telling anyone. This is the treasury blind spot.

April 2026 10 min readRead
ADVISORY

Hardware for AI-augmented fund finance teams: what to buy, what to skip

Apple Silicon vs cloud-only vs hybrid. The hardware decisions that decide whether your AI agents are usable infrastructure or theoretical demos. Spec the workstations, the routers, the storage — and where to save money.

May 2026 6 min readRead
ADVISORY

Storage architecture for crypto funds: where on-chain, off-chain, and AI logs actually live

Your fund's transaction history needs three storage tiers: hot reconciliation, warm audit-ready, cold archive. The architecture that satisfies your auditor, your AI agents, your LPs, and your legal counsel.

May 2026 7 min readRead
ADVISORY

Practical security for AI-augmented finance teams: the 12-point checklist

AI agents need privileged access. Privileged access needs disciplined controls. The security posture every fund running AI agents should have in writing — and review quarterly.

May 2026 9 min readRead

Have a question we should write about?

We write about what our clients actually ask. If you're wrestling with a crypto accounting problem, chances are others are too.

Talk to us