Ledgible increases scope in institutional crypto software product
ATLANTA, May 3, 2022 – Ledgible, the leading professional-first platform for tax and accounting of crypto assets, today announced expansion of their institutional crypto software solutions with new partnerships and use cases. As the bridge between digital assets and institutions, Ledgible aggregates transaction history, price, history, symbol and other data integrated into existing legacy financial technology systems, making the data legible. This move furthers Ledgible’s role as the leading crypto data platform for banks, financial institutions, and traditional fintech companies. Crypto assets continue to grow and gain popularity with a market cap for digital assets exceeding $2 trillion across more than 19,000 coins.
“Crypto continues to grow and institutional investors are looking to further adopt this emerging asset class,” said Kell Canty, CEO at Ledgible. “Crypto can be complex. Institutional investors do not have an easy way to access crypto data and need the ability to integrate with legacy financial technology for them to review and analyze digital asset transactions – and Ledgible provides this”
Ledgible functions as data aggregator, consolidator, and translator, managing the connections between cryptocurrency data and legacy financial systems making digital asset data available directly to institutional investors, financial institutions, wealth managers, and lenders. The software enables institutional investors to offer capital markets clients and larger funds crypto data management and crypto data integration into legacy and existing financial technology systems. Ultimately, this will ensure crypto continues it’s mainstream adoption and allow institutions to manage crypto through industry-leading tools. Investors can view digital assets alongside other financial data.
Ledgible is an AICPA SOC 1 & 2 assured tax reporting and portfolio tracking platform for crypto assets for professionals, enterprises, and consumers. The Ledgible Crypto Platform is the proven crypto asset solution for tax and accounting professionals with leading accounting firms, institutions, and major crypto companies globally. Ledgible Crypto Tax Pro is used by thousands of firms to make tax reporting easy for their professionals and clients. For more information, visit ledgible.io.