Monday, July 29, 2024

Gravita and Appold Forge Strategic Alliance to Elevate Blockchain Audit and Tax Services

LONDON, UNITED KINGDOM – 29/07/2024 – (SeaPRwire) – Gravita and Appold Announce Strategic Partnership to Revolutionize Blockchain Audit and Tax Services.

In a significant move aimed at enhancing the financial integrity and operational efficiency of digital asset enterprises, Gravita, a leading top 30 full-service accountancy and audit firm, has entered into a strategic partnership with Appold, a premier independent blockchain technology and advisory company. This collaboration is set to redefine the landscape of blockchain audit and tax services, providing comprehensive, end-to-end solutions tailored to the unique needs of companies holding and transacting in digital assets.

This groundbreaking partnership brings together the traditional financial audit expertise of Gravita with the cutting-edge blockchain technology specialisation of Appold. Clients ranging from major institutions to innovative Web3 Foundations will now have access to a more robust and holistic audit framework. This framework not only includes pre- and post-audit recommendations but also integrates specific strategies designed to optimize the utilization of digital assets.

The announcement of this strategic alliance follows the successful completion of two high-profile projects. The first project involved the audit of a global top-tier digital asset exchange, ensuring compliance with the highest standards of security and transparency. The second project focused on the portfolio valuation and negotiation with tax authorities during the major restructuring of a leading blockchain technology company. These projects underscore the effectiveness of the combined expertise of Gravita and Appold in managing complex digital asset audits and tax evaluations.

By joining forces, Gravita and Appold aim to set new benchmarks in the audit of blockchain-based activities. Their collaboration promises to deliver audit services that adhere to the highest standards of security and transparency, offering an extra layer of assurance often missing in audits conducted by standalone firms. The partnership also extends to providing expert guidance and risk management, ensuring that clients remain compliant with both local and international financial regulations. This comprehensive approach helps clients avoid penalties and maintain the integrity of their financial operations.

Dan Howarth, Audit Partner at Gravita, emphasized the unique value of this partnership, stating, “The collaboration offers a fusion of blockchain specialization and audit rigor that is unmatched within the industry. Our team of experts stays abreast of the latest developments in the digital assets industry, ensuring that our clients benefit from the most current and effective advice and solutions available.”

Echoing this sentiment, Pete Osborne, Founder and Partner at Appold, highlighted the enhanced capabilities brought about by the partnership. “This partnership enables enhanced technology controls and blockchain asset verification analysis in financial audits, an area where standalone audit firms may lack specialization. As a result, clients can benefit from more thorough audits, demonstrating stronger governance and transparency to their clients and stakeholders in this rapidly evolving industry.”

Gravita, recognized as a top 30 full-service accountancy firm, offers extensive experience in traditional financial audits, particularly within the financial services sector. The firm’s DFK International membership ensures global coverage, enabling it to support clients’ blockchain operations worldwide. Gravita’s expertise in digital currency audit, accounting, and tax services positions it as a leader in the field.

Appold, on the other hand, is an independent blockchain technology and advisory company, serving a wide spectrum of clients from major institutions to Web3 Foundations. The company specializes in various aspects of blockchain technology, including tokenization, decentralized finance, custody, governance, and treasury management operations. Appold’s advisory services encompass the full range of blockchain-related activities, making it a trusted partner for businesses navigating the complexities of the digital asset ecosystem.

Together, Gravita and Appold are poised to transform the standards of blockchain audit and tax services, offering unparalleled expertise and innovative solutions to meet the evolving needs of the digital asset industry.

SOURCE: Appold

by Arrow123

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