Tactic is offering long-awaited accounting software for the growing number of Web3 companies. Existing accounting products have to date proven so unsuitable for tracking the disparate, complex, and novel asset activities of cryptocurrency transactions that many founders reportedly resorted to manual spreadsheets.
Tactic’s platform allows users to access a complete picture of their crypto transactions and assets by drawing data from disparate wallets, exchanges, and sources. This includes information about complex DeFi transactions like staking and NFT minting.
The appetite for this kind of financial compliance tool is already high among Web3 business owners and investors. It’s only going to get more urgent, in the US at least, with the Financial Accounting Standards Board voting to tighten and clarify rules on accounting methods and disclosure for crypto assets. TokenTax and ZenLedger are already making waves on this front for retail investors - and it seems likely that Tactic’s business platform could see similarly high demand.
Kirsty
Company Specialist at Welcome to the Jungle