What Cryptoworth does

Cryptoworth is a Toronto-headquartered, privately-held SaaS company founded in 2017 that builds cryptocurrency accounting and ERP integration software for digital asset finance teams. Its core platform is a purpose-built crypto subledger and general ledger that connects 1000+ data sources — 200+ blockchains, 50+ exchanges, 800+ DeFi protocols, and major custodians — and synchronizes on-chain activity into customers' existing accounting systems via native two-way integrations with Xero, QuickBooks, NetSuite, and Sage. Around this core, Cryptoworth offers specialized modules for DeFi, NFT (ERC-721/ERC-1155), staking across 12+ Proof-of-Stake chains, GameFi, financial close automation, audit readiness, and treasury management, plus a Crypto Accounting API and a data reconciliation service delivered through a Certified Accounting Partner network.

The company sells primarily to enterprise Web3 organizations (DeFi protocols, DAOs, crypto funds), accounting firms and CPAs serving crypto clients, and a growing mid-market segment exploring digital assets. Revenue is generated through tiered SaaS subscriptions (sandbox from $99/month, Business Tier, and quote-based Enterprise annual contracts), supplemented by professional services. Go-to-market blends direct enterprise field sales with product-led growth (sandbox testing, 30-day free trial) and the Xero App Store marketplace, while distribution is amplified through a Certified Accounting Partner program of CPA firms. Cryptoworth holds SOC 2 Type 1, SOC 2 Type 2, and PCI DSS certifications and received a CMT Digital-led strategic investment in August 2023 to fund market expansion.

Name

Cryptoworth

Legal name

Cryptoworth Corporation

Website

https://cryptoworth.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Cryptoworth is a Toronto-based SaaS company founded in 2017 that provides crypto accounting and ERP-integrated subledger software, serving DeFi protocols, DAOs, crypto funds, and accounting firms with 1000+ blockchain and exchange integrations.

Ownership category

akta.pro rank

Product category

Crypto Accounting Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Finance Services (6199)

akta.pro primary industry

Settlement, Reconciliation & Merchant Treasury Tools (Crypto) (FSADAIAK)

Keywords

• Crypto accounting software
• Digital asset bookkeeping
• Blockchain ERP integration
• DeFi accounting platform
• Crypto subledger software

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription SaaS: Tiered subscription model with Business Tier and enterprise plans. Includes free trial for Business Tier after demo call, plus sandbox subscription for self-service testing without demo requirement. Pricing ranges from $99/month for sandbox testing.
2. Professional Services: Implementation support services for accounting firms and enterprises, including certified accounting partner network for done-for-you setup, historical reconciliation, and staff training.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Cryptoworth is an enterprise crypto accounting and ERP subledger platform that automates the connection between complex blockchain data and general ledgers. It aggregates 1,000+ data sources across blockchains, exchanges, wallets, and custodians, and produces GAAP/IFRS-compliant financial reports, cost-basis tracking, and audit-ready records for digital asset organizations. The product is sold primarily via SaaS subscriptions to crypto funds, DeFi protocols, DAOs, accounting firms, and enterprises with on-chain treasury operations.

Product overview

Cryptoworth is a cryptocurrency portfolio management and accounting platform offering an integrated suite of products for digital asset accounting and ERP integration. The core platform consists of a Crypto Subledger and Crypto General Ledger that automate the connection between complex blockchain data and financial systems. The product architecture includes specialized accounting modules for DeFi (800+ protocols), NFT (ERC-721/ERC-1155), Staking (12+ PoS chains), and GameFi accounting, complemented by financial close automation, audit readiness tools, accounts receivable automation, and treasury management. Native ERP integrations with Xero, QuickBooks, NetSuite, and Sage enable two-way sync of journal entries and invoices. The platform also offers a Crypto Accounting API for programmatic access, a Sandbox testing environment, and data reconciliation professional services.

Differentiator

Problem solved

Functional benefit

Products and services

• Crypto Subledger Purpose-built subledger for accounting teams managing Web3 data; automates the connection between blockchain data and the general ledger, providing real-time syncing of wallets and exchanges into a unified subledger.
• Crypto General Ledger General ledger software for digital asset accounting that bridges on-chain activity to the General Ledger with purpose-built ERP integrations.
• Crypto Accounting Software Enterprise crypto accounting software that automates transaction tracking, reconciliation, and reporting for digital assets, connecting to blockchains, crypto wallets, and exchanges for accurate financial records.
• Financial Close Software Month-end close automation module that speeds up financial close by 26%, streamlining reconciliation and reporting for crypto finance teams.
• Crypto Audit Tool Audit readiness solution providing granular, verifiable records of every on-chain event, handling complex cost-basis and cross-chain liquidities for GAAP compliance.
• Accounts Receivable Automation Crypto invoice generation module for faster stablecoin payments, supporting crypto bill payment and invoice management.
• ERP-Integrated Treasury Platform Treasury management solution aggregating crypto treasury data across wallets, chains, and custodians, bridging digital assets to the core financial stack.
• Multi-Entity Account Software Consolidates crypto accounting across every entity, supporting multi-entity accounting for organizations with multiple entities.
• DeFi Accounting DeFi protocol accounting module with support for 800+ protocols, tracking DeFi activity across wallets from multiple chains with intelligent transaction resolution.
• NFT Accounting Automated NFT accounting for tracking royalties, expenses, and revenues; supports ERC-721 and ERC-1155 NFT standards with configurable taxability behavior.
• Staking Accounting Staking and node validator accounting module that tracks rewards in near real-time, including liquid staking derivatives, across major Proof-of-Stake chains such as Ethereum, Solana, Polygon, Polkadot, and BNB Smart Chain.
• GameFi Accounting GameFi crypto accounting solution for tracking fungible and non-fungible assets in blockchain gaming, supporting Ronin Chain, Solana, Ethereum, Polygon, and OpenSea integrations.
• Crypto Data Queries Enterprise-grade crypto aggregation module for simplified query data, providing real-time portfolio dashboards and live P&L tracking.
• Crypto Cost Basis Calculator Cost basis calculation tool supporting FIFO, LIFO, HIFO, and Weighted Average Cost methods for crypto tax optimization.
• Crypto Accounting API API-driven accounting and reporting product enabling programmatic access to crypto accounting data for developers and partners.
• Data Reconciliation Services Professional reconciliation services with a dedicated team helping accounting firms and enterprises resolve crypto data issues.
• Sandbox Self-serve testing environment that lets companies validate data accuracy on the platform without booking a demo; includes module data reconciliation, sanity checks, 2,000 transaction lines, and 5 connections.

Quantifiable outcome

• 26% faster month-end close
• +4 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• NetSuite (Oracle)coreTechnology or IntegrationPurpose-built native integration with Oracle NetSuite for seamless synchronization of digital asset data into the general ledger.
• QuickBookscoreTechnology or IntegrationNative QuickBooks crypto accounting integration for seamless digital asset management within QuickBooks environment.
• XerocoreTechnology or IntegrationCertified cryptocurrency integration available on Xero App Store with two-way sync capability. Enables automated crypto accounting within Xero.
• SagecoreTechnology or IntegrationNative integration with Sage accounting software for digital asset synchronization.
• FireblockssupportingTechnology or IntegrationIntegration with Fireblocks for custody and wallet management connectivity.
• KilnsupportingTechnology or IntegrationStaking infrastructure partner for Proof-of-Stake blockchain validator tracking.
• Amazon Web ServicessupportingTechnology or IntegrationAWS cloud infrastructure partner with certified badge displayed on website.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CoinTracker: Consumer and SMB crypto tax and portfolio tracking platform with broad wallet and exchange integrations. Comparable technology and category, with overlap on tax/cost basis reporting features.
• TRES Finance: Web3 accounting and reporting platform purpose-built for DAOs, DeFi protocols, and crypto treasuries. Direct competitor targeting the same DeFi/DAO customer segment as Cryptoworth.
• Bitwave: Enterprise crypto accounting and tax platform offering GL reconciliation, ERP integrations, and audit-ready reporting for digital asset businesses. Closest direct competitor to Cryptoworth's enterprise subledger positioning.
• Koinly: Crypto tax calculation and portfolio tracking platform supporting hundreds of exchanges, wallets, and blockchains. Comparable in integration breadth and use cases, though more retail/SMB-skewed than Cryptoworth.
• CoinLedger: Crypto tax software aggregating transactions across exchanges, wallets, and blockchains to generate tax reports. Comparable use cases and integrations, primarily serving retail and SMB traders.
• Lukka: Crypto-native data, valuation, and enterprise accounting software used by funds, exchanges, and auditors. Comparable to Cryptoworth in serving institutional digital asset finance teams with audit-grade outputs.
• TaxBit: Institutional-grade crypto tax and accounting platform serving enterprises, exchanges, and CPA firms with GAAP/IFRS reporting and ERP-grade data pipelines. Overlaps with Cryptoworth on enterprise accounting and audit workflows.

Regional players

• Blockpit: Crypto tax and portfolio tracking platform primarily serving European users with regulatory-focused compliance features. Comparable product category with regional concentration outside Cryptoworth's North American base.

Emerging players

• Request Finance: Crypto invoicing, payroll, and accounting platform for Web3 businesses and DAOs. Partial overlap with Cryptoworth's accounts receivable and treasury modules, with a stronger payments focus.
• Balances: AI-powered bookkeeping platform for crypto and Web3 businesses automating transaction categorization and reporting. Emerging player in the same crypto accounting category as Cryptoworth.

Market position

Strengths5 records

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cryptoworthapp
• YouTubeyoutube.com/@cryptoworthofficial
• Facebookfacebook.com/cryptoworthapp
• LinkedInlinkedin.com/company/cryptoworth
• Instagraminstagram.com/cryptoworth

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors7 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 Cryptoworth