Tres

What Tres does

TRES Finance is a Web3 financial data platform founded in September 2022 in Tel Aviv by Tal Zackon (CEO) and Eilon Lotem (CTO). The company operates the TRES Financial Data Lake, an aggregation layer that ingests transaction data from 220+ blockchain networks, 25+ exchanges, and 10,000+ banking sources, then enriches and normalizes it for accounting, audit, tax, and treasury use cases. Building on the data lake, TRES offers the FinOS core platform (cost-basis tracking across FIFO/LIFO/HIFO/Spec ID/Weighted Average, fair-value revaluation, and audit-ready reporting), the TRES Query staking data API, the TRES Analyst conversational AI assistant, Multi-Source Reconciliation (99%+ matching accuracy), the Alerts Centre, Proof-of-Funds, and the Universal ERP Link. The platform serves crypto-native enterprises including foundations and DAOs (Tezos Foundation, Axelar, OP Labs, SKALE, Starkware), exchanges and trading firms (Wintermute, BitMEX, Zapper), custodians (Fireblocks, Finoa), staking providers (Figment, Blockdaemon), asset managers (cyber•Fund, Nansen, Phantom), and accounting firms (Harris & Trotter Digital Assets).

The company's go-to-market combines direct enterprise field sales (demo-led, quote-based annual subscriptions) with a certified partner program of accounting firms and fund admins. Pricing is not publicly disclosed. TRES held SOC 1 and SOC 2 Type II compliance and positioned itself around regulatory readiness for MiCA, FASB ASU 2023-08, and the US GENIUS Act. On January 7, 2026, Fireblocks acquired TRES for approximately $130 million in cash and equity, and TRES continues to operate as a standalone product under Fireblocks' ownership. Post-acquisition integrations include Western Union's USDPT stablecoin program (May 2026) and a native partnership with AI-native ERP Rillet (May 2026).

Name

Tres

Legal name

Tres Finance, Inc.

Website

https://www.tres.finance

Company type

Private

Founded year

2022

Operating status

Acquired

Headcount range

51–100 employees

Short description

TRES Finance provides an AI-powered Web3 financial data platform that automates crypto accounting, audit, and reporting across 220+ blockchain networks for 230+ crypto-native enterprises including foundations, exchanges, custodians, and asset managers. Acquired by Fireblocks for $130M in January 2026.

Ownership category

akta.pro rank

Product category

Crypto Accounting Software

NAICS

Finance and Insurance (52)

SIC

Finance Services (6199)

akta.pro primary industry

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)

akta.pro secondary industry

Embedded FX & Cross-Border Treasury (FSAGALAG)

Keywords

• Crypto accounting software
• Digital asset treasury
• Web3 financial reporting
• Blockchain reconciliation
• Staking data API

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. TRES FinOS Subscription: AI-powered crypto accounting and financial reporting platform subscription. Pricing appears to be enterprise/B2B subscription model based on the sales motion and demo-based pricing approach.
2. TRES Query API Access: Staking data API and data lake access for powering digital asset products and services. Revenue generated from API usage and data consumption.
3. Enterprise Software License: Enterprise-grade finance tools offered through partner program. Revenue from enterprise clients and their finance teams managing digital asset operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

TRES Finance operates a Web3 financial data lake and AI-powered platform that aggregates on-chain and off-chain digital asset data across 220+ blockchain networks, exchanges, custodians, and banking sources. Its TRES FinOS core platform automates crypto accounting, audit, and reporting workflows for enterprises managing digital assets, supported by staking data APIs, AI assistants, real-time alerts, proof-of-funds reconciliation, and native ERP integrations. Customers include crypto-native enterprises, foundations, protocols, DAOs, exchanges, asset managers, staking providers, custodians, and financial institutions.

Product overview

TRES (TRES Finance) is a Web3 financial data and treasury management platform offering a suite of AI-powered tools for digital asset financial compliance. The platform is architected around the TRES FinOS core platform, which provides end-to-end accounting, audits, and reporting across 220+ blockchain networks, exchanges, and banking sources. Supporting modules include TRES Query (staking data API), TRES Analyst (AI assistant), Alerts Centre (real-time monitoring), Proof-of-Funds (wallet reconciliation), and Multi-Source Reconciliation (AI-powered transaction matching). The platform integrates natively with QuickBooks, NetSuite, and Xero via Universal ERP Link. TRES was acquired by Fireblocks in January 2026 for approximately $130 million.

Differentiator

Problem solved

Functional benefit

Brands

• TRES FinOS: AI-powered crypto accounting, audit, and reporting platform that automates accounting workflows across 220+ supported networks.
• TRES Query
• Proof-of-Funds
• Alerts Centre
• TRES Analyst
• Multi-Source Reconciliation

Products and services

• TRES FinOS Central crypto accounting and financial compliance platform automating end-to-end accounting, audits, and reporting workflows across 220+ supported networks. Delivers cost-basis tracking (FiFo, LiFo, HiFo, Spec ID, Weighted Average), reconciliation, tax compliance, and ERP synchronization for digital asset enterprises.
• TRES Query (Staking Data API) Staking reward data API providing structured daily APR, generated rewards, validator commissions, and staking ledger breakdowns. Enables power users and staking providers to build staking reward performance reports and automate reporting workflows.
• TRES Analyst AI-powered conversational assistant enabling 24/7 wallet data insights via natural language queries across 220+ blockchains. Provides balance snapshots, portfolio net worth tracking, asset exposure reports, and gas fee expenditure monitoring through a chat interface.
• TRES Alerts Centre Real-time alert system monitoring wallet operations across 220+ blockchains. Provides customizable alerts for transactions, slashing events, asset exposure thresholds, and unusual patterns for advanced risk management.
• Proof-of-Funds Historical wallet balance reconciliation service enabling firms to track balances across all wallets (client proxy, segregated, omnibus) per blockchain and asset at any point in time. Supports audit preparation and third-party verification.
• Multi-Source Reconciliation AI-powered engine matching transactions across multiple environments (blockchain, custodian, trading platform, internal ledgers) with 99%+ accuracy. Reconciles across five dimensions: token amounts, fiat values, transaction count, cost-basis, and end balances.
• Universal ERP Link Custom ERP integration feature enabling TRES FinOS connection to any ERP system. Users upload Chart of Accounts, leverage blockchain-verified data, and export Pre-Sync Reports (CSV/XLS format) for seamless financial integration with QuickBooks, NetSuite, Xero, Rillet, or custom-built ERPs.
• TRES AI Connect MCP (Model Context Protocol) server connecting TRES account data to AI assistants (Claude, ChatGPT, Codex, Gemini CLI). Enables natural language queries, complex multi-step workflows, and autonomous agent deployment for continuous book monitoring and digital asset finance operations.
• TRES Financial Data Lake Foundational data infrastructure aggregating thousands of financial data points from 220+ Web3 networks, exchanges, and banking sources, enriching them with real business context. Powers all TRES products with verified, reliable blockchain financial data.

Quantifiable outcome

• Digital asset tracking and valuation reduced from days to hours
• +4 more outcomes

Named customers25 records

Segments11 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability10 records

Feature9 records

Partnerships

14 partnerships are on record, tiered flagship, core and minor.

• RilletflagshipStrategic or Co-development Partner · 6 May 2026TRES partnered with Rillet, an AI-native ERP, to enable native integration between on-chain financial data and core accounting workflows. TRES pulls in Rillet's chart of accounts, maps transactions to real General Ledger codes, and posts journal entries directly to Rillet's ledger. This enables AI-powered accounting workflows and continuous close capabilities for digital asset finance teams.
• Western UnionflagshipTechnology or Integration · 4 May 2026Western Union selected Fireblocks (which acquired TRES in January 2026) to provide the core infrastructure for USDPT, its new U.S. dollar-backed stablecoin. The platform combines Fireblocks' infrastructure with Dynamic's embedded wallets and TRES' financial reporting layer to enable stablecoin settlement across Western Union's global agent network.
• FireblockscoreTechnology or Integration · 7 January 2026Fireblocks, a blockchain infrastructure company securing over $4 trillion in digital asset transfers annually, acquired TRES Finance for $130 million in cash and equity in January 2026. Fireblocks had been a partner since TRES' inception and will leverage TRES' financial intelligence, audit-ready reporting, and reconciliation capabilities to create a unified operating system for onchain finance.
• DeelcoreTechnology or Integration · 28 October 2025TRES partnered with Deel, a global payroll platform, to provide worldwide financial compliance for payroll and invoicing involving digital assets. As companies increasingly pay employees and contractors in stablecoins through Deel, TRES ensures every transaction is properly registered and accounted for to maintain financial compliance.
• TaloscoreTechnology or Integration · 22 October 2025TRES partnered with Talos to enable enterprise-grade, audit-ready reporting from execution to ERP. With client authorization, TRES imports Talos balances, trades, and transfers, using Talos as the consolidated front-to-back source of trading and portfolio truth to support finance and ERP workflows.
• BitMEXcoreTechnology or Integration · 21 October 2025BitMEX integrated with the TRES Financial Data Lake to connect directly to enterprise-grade, audit-ready financial data built for digital asset operations at scale. This partnership raises standards for exchange transparency and financial accuracy as regulatory frameworks mature.
• BlockdaemoncoreTechnology or Integration · 1 May 2025TRES partnered with Blockdaemon to automate staking rewards, custody, and reconciliation from a single source of truth. Clients using both TRES and Blockdaemon can manage staking operations without stitching together multiple tools.
• FordeficoreTechnology or Integration · 4 February 2025TRES partnered with Fordefi, an institutional-grade MPC wallet solution provider, to offer secure DeFi solutions for institutions. The partnership combines Fordefi's advanced security controls, granular permissions, and robust transaction policy oversight with TRES' financial reporting capabilities.
• XerocoreTechnology or Integration · 19 December 2024TRES became an official Xero App partner, available on the Xero App Store. Xero customers can now simplify financial workflows including reconciliation, balance calculation, auditing, and reporting for Web3 assets from on-ramp to off-ramp.
• QuickBookscoreTechnology or Integration · 17 September 2024TRES Universal ERP Link enables native integration with QuickBooks, allowing customers to export digital asset financial data directly to QuickBooks for seamless accounting workflow.
• NetSuitecoreTechnology or Integration · 17 September 2024TRES Universal ERP Link supports NetSuite integration, enabling customers to sync journal entries and financial data with their NetSuite ERP system.
• Kranz ConsultingminorImplementation/ SI/ Consulting PartnerKranz Consulting, a service provider in the digital asset accounting space, recommended TRES to DeFi Development Corp. This referral relationship helps connect TRES with potential customers seeking professional accounting guidance.
• Harris & Trotter Digital AssetscoreChannel Partner/ Reseller/ DistributorCertified partner in TRES Partner Program. Harris & Trotter Digital Assets, one of the largest providers of audit, accounting, and taxation services, offers TRES to their Web3 clients as part of their service offering.
• MynacoreChannel Partner/ Reseller/ DistributorCertified partner in TRES Partner Program. Myna uses TRES to offer bespoke services supporting their clients' ever-changing needs and requirements in digital asset accounting.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Cryptio: Direct competitor offering crypto accounting and financial reporting software for enterprises, DAOs, and funds. Overlaps with TRES FinOS on reconciliation, audit-ready reporting, and ERP integration for digital asset businesses.
• Bitwave: Enterprise crypto accounting and tax platform serving similar customers (exchanges, funds, corporates). Competes head-to-head with TRES on accounts payable/receivable automation, sub-ledger management, and ERP integrations.
• Lukka: Crypto-native data, valuation, and accounting infrastructure for institutions. Overlaps with TRES on aggregated multi-source data, fair value pricing, and audit-ready reporting for funds and corporates.
• Blockpit: Crypto tax and accounting software primarily serving European individuals and businesses. Comparable to TRES on cost-basis tracking and regulatory reporting, with overlap on portfolio aggregation across exchanges and wallets.
• TaxBit: Enterprise crypto tax and accounting platform serving exchanges, fintechs, and consumers. Competes with TRES on transaction classification, cost-basis calculation, and tax/regulatory reporting automation.

Emerging players

• CoinTracker: Consumer-leaning crypto portfolio tracking and tax platform with growing enterprise offering. Comparable to TRES on multi-source wallet/transaction aggregation and reporting, though historically focused on individual investors.
• Rillet: AI-native ERP platform that has partnered with TRES to natively integrate on-chain financial data into its intelligent ledger. Closely coupled rather than competing; together they form an end-to-end AI-native crypto accounting stack.

Broad incumbents

• Anchorage Digital: Federally chartered crypto custodian and bank offering reporting and operational infrastructure to institutional clients. Overlaps with TRES on institutional digital asset reporting, though Anchorage's core business is custody rather than accounting.
• Fireblocks: Now TRES's parent company; institutional digital asset custody, settlement, and treasury management platform. Overlaps indirectly via treasury and reporting capabilities for shared enterprise customers.

Others

• Chainalysis: Blockchain analytics and compliance platform focused on KYC/AML and transaction monitoring. Adjacent to TRES's alerts and Proof-of-Funds capabilities but oriented toward regulatory and law enforcement use cases rather than financial accounting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TresDotFinance
• LinkedInlinkedin.com/company/tresfinance

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tres