What MG Stover & Co. does

MG Stover & Co. is a Denver-based private financial technology company founded in 2007 that provides institutional-grade reporting, reconciliation, and middle-office infrastructure for digital asset operators. The company operates a single core product, OTTO — a middleware platform that consolidates data from exchanges, wallets, and protocols, standardizes on-chain and off-chain transactions, and automates reconciliation across portfolios. OTTO is offered alongside a dedicated Data Ops team that handles wallet, token, and transaction mapping, and supports custom workflows and API integrations that feed reconciled crypto data into traditional reporting systems.

The company serves fund managers, CPA firms, fund administrators, institutional investors, regulators, and crypto-native funds, with named institutional clients including Fidelity, Pantera Capital, Polychain, Galaxy, Securitize Fund Services, GlobalStake, Walden Bridge Capital, and Borderless Capital. MG Stover reports processing over $1 trillion in transaction volume across 5,600+ client accounts and 11 years of crypto servicing experience. In 2025 the company divested its Fund Administration business to Securitize and refocused exclusively on OTTO; in March 2026 it acquired Asymmetric Information.

MG Stover operates an enterprise sales-led go-to-market with custom annual subscription pricing, white-glove service, and direct sales to institutional clients. The company is founder-owned and has not disclosed external funding rounds. Its revenue model is recurring subscription, anchored by long-cycle enterprise contracts with institutional digital asset operators.

Name

MG Stover & Co.

Legal name

MG Stover & Co.

Website

https://mgstover.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

MG Stover & Co. builds OTTO, a middleware platform that reconciles on-chain and off-chain data for institutional digital asset operators. It serves fund managers, fund administrators, CPA firms, and regulators with subscription-based, white-glove reconciliation and reporting services.

Ownership category

akta.pro rank

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. OTTO Platform Services: Subscription-based middleware platform providing reconciliation, reporting, and data aggregation services for institutional digital asset operators. The platform serves as a middle-office solution with software capabilities backed by dedicated support teams.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MG Stover sells OTTO, a middleware platform that consolidates data from exchanges, wallets, and protocols, standardizes on-chain and off-chain transactions, and automates reconciliation across portfolios to deliver institutional-grade reporting with real-time transparency. It is offered as a subscription-based, fully supported middle-office solution with a dedicated Data Ops Team, custom reporting, API integrations, and white-glove enterprise service.

Product overview

MG Stover operates as a single-product company focused on OTTO, a next-generation middleware platform. OTTO is designed to streamline operations for institutions by providing reconciled crypto data for ingestion into existing reporting systems. The platform consolidates data from exchanges, wallets, and protocols, standardizes transactions, and automates reconciliation across portfolios. It is positioned as a complete data service backed by experts, including a dedicated Data Ops Team for wallet/token/transaction mapping, complex portfolio aggregation across decentralized and private markets, and custom reporting with API integrations for seamless data transfer.

Differentiator

Problem solved

Functional benefit

Brands

• OTTO: Next-generation middleware platform designed to streamline operations for institutions who need reconciled crypto data to ingest into their current reporting systems. OTTO consolidates data from exchanges, wallets, protocols, standardizing on-chain and off-chain transactions while automating reconciliation across portfolios.

Products and services

• OTTO OTTO is a middleware platform that consolidates data from exchanges, wallets, and protocols, standardizes on-chain and off-chain transactions, and automates reconciliation across portfolios. It delivers real-time portfolio insights (live balances, transactions, P&L), complex portfolio aggregation across decentralized and private markets, custom reporting, API integrations, and is backed by a dedicated Data Ops Team that manages wallet, token, and transaction mapping. It is sold to fund managers, CPA firms, fund administrators, institutions, regulators, and crypto-native funds on an enterprise subscription basis with white-glove service.

Quantifiable outcome

• Over $1 trillion in transaction volume processed
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Securitize Fund ServicescoreTechnology or Integration · 1 January 2025Following Securitize's acquisition of MG Stover's Fund Administration business in 2025, Securitize Fund Services became a key customer of OTTO. The testimonial from Josiah Reich (Sr. Director) indicates ongoing operational integration with OTTO for crypto reporting and fund administration. The acquisition made SFS the world's largest digital asset fund administrator with over $38 billion in assets across 715 funds.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Lukka: Lukka provides crypto and digital asset data, valuation, and middle/back-office software to institutional fund managers, fund admins, and auditors. It is the closest functional peer to OTTO, addressing the same reconciliation, NAV, and reporting workflows for crypto-native funds.
• Bitwave: Bitwave is a digital asset accounting and ERP integration platform that automates on-chain transaction categorization, reconciliation, and financial reporting for crypto businesses and funds. It directly competes with OTTO on crypto back-office automation and integrations into traditional accounting systems.
• Cryptio: Cryptio provides enterprise-grade crypto accounting, reconciliation, and financial reporting software for corporates, fund managers, and crypto-native companies. Its sub-ledger and reconciliation capabilities overlap directly with OTTO's core use cases for institutional crypto operators.
• TaxBit: TaxBit offers crypto tax, accounting, and compliance software used by enterprises, exchanges, and consumers for transaction tracking and reporting. It targets similar institutional customers as OTTO and competes on tax-grade reconciliation and reporting accuracy.
• CoinTracker: CoinTracker provides crypto portfolio tracking, tax, and reconciliation tools across exchanges and wallets, with both consumer and institutional/enterprise offerings. While more consumer-rooted, it overlaps with OTTO on transaction aggregation, reconciliation, and reporting workflows.

Broad incumbents

• Anchorage Digital: Anchorage Digital is a federally chartered digital asset bank offering custody, trading, staking, and reporting services for institutions. Its reporting and operational tooling overlaps with OTTO as part of a broader institutional crypto platform, rather than as a standalone reconciliation product.
• Fireblocks: Fireblocks provides custody, treasury management, and operational tooling for digital assets used by exchanges, custodians, and institutional clients. Its reporting and workflow features overlap with OTTO as part of a broader institutional stack, not a focused reconciliation product.

Others

• Securitize: Securitize is a tokenization platform that acquired MG Stover's Fund Administration business in 2025 and is now also a customer of OTTO. It is thematically adjacent as a digital asset infrastructure provider and a key strategic counterparty rather than a direct competitor.
• TRM Labs: TRM Labs provides blockchain intelligence and compliance/AML tools for crypto businesses and financial institutions. It serves many of the same institutional customers as OTTO but focuses on transaction monitoring and risk rather than accounting reconciliation.
• Chainalysis: Chainalysis provides blockchain data analytics, compliance, and investigation tools to institutions, regulators, and crypto businesses. It is adjacent to OTTO via overlapping institutional crypto customers, but operates in compliance/data rather than fund accounting.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/company/mg-stover-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about MG Stover & Co.