Organizations and individuals are increasingly affected by the digital assets industry. From individuals transacting with cryptocurrency to new forms of digital contracts that execute business functions, organizations need to both understand their current risks and develop their path to tomorrow’s opportunities.
Baker Tilly understands the full spectrum of the digital assets ecosystem allowing us to map your organization’s potential risk and opportunities in this ever-changing industry.
The ecosystem of digital assets, with cryptocurrencies, blockchain, nonfungible token (NFT), decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and beyond, is young and developing with new ideas for use evolving each day.
At Baker Tilly, we help bridge the gap between what is happening now and what to look for tomorrow. Our professionals have experience in the digital assets ecosystem, they understand how financial organizations operate and they know how the two pieces interact. We can use our knowledge as an intersection to determine business impact, risks and opportunities.
We are continually monitoring developments in the industry, as well as regulatory changes from entities including:
We can help you with understanding your full exposure and tracing of digital asset transactions through the full financial ecosystem.
Proactively protect and address your cybersecurity issues under the expanded scope of digital assets.
Identify and mitigate fraud risks and investigate with an understanding of the digital assets ecosystem.
Identify and confirm how digital assets are impacting your tax position.
We can help you build a sustainable smart contract program. Our team can help manage risks throughout planning, testing, coding, implementation, auditing and validation.
For companies in the digital assets ecosystem we can help with your back office operations to allow you to stay on the cutting edge.
We can help digital asset organizations navigate the process of going public.
Governance expectations will grow exponentially as you execute on your strategy. Understand your internal control needs.
You need to know how to protect your organization from current risks while moving forward into the evolving landscape of digital assets. We can help develop the map to where you want to go.
As your involvement in digital assets grows, so too will the expectations of your stakeholders. As a result, your internal controls, security and processes will need to mature. We can help you advance your processes to meet expectations.
Our advisors can help guide your organization through the evolving landscape and find ways you can leverage new business opportunities to grow your business in tomorrow’s world. We work with organizations to help support your needs from tracing crypto transactions to reviewing the infrastructure of your smart contracts.