Ledgible and Ledger Partner to Provide Digital Asset Accounting Tools to Enterprises

  • Accounting
  • 17.05.2023 04:45 am

Ledgible, the leading institutional and enterprise digital asset tax and accounting platform, and Ledger Enterprise (Ledger), the world leader in critical digital asset security, announced the full integration of their platforms and a strategic partnership to serve their mutual clients. Ledgible and Ledger have partnered to bring institutional and enterprise-scale tax & accounting solutions to Ledger Enterprise's full suite of clients.

The Ledgible Crypto Tax and Accounting Platform is built for enterprises, institutions, and tax and accounting professionals. Serving as a bridge between cryptoassets and traditional financial accounting, Ledgible determines crypto tax liabilities & accounting data, then delivers that data to existing and novel TradFi accounting tools. The platform makes crypto data, Ledgible, across the entire crypto vertical.

"As enterprises and institutions continue to adopt digital assets at record pace – especially through the push towards tokenization – Ledger and Ledgible's partnership and integration comes at the perfect time, laying the necessary infrastructure to allow regulatory and accounting compliance for crypto-focused businesses," said Ledgible CEO, Kell Canty.

Users of each platform can now fully leverage the other for their business needs. Ledger Enterprise users now have a comprehensive and fully-integrated tax & accounting solution to meet their needs. Ledgible's system is SOC 1 & 2 Type 2 certified, leading the space in data integrity and security - a fact that positions the tax and accounting platform perfectly for institutional and enterprise partners. Legible users now also have a trusted partner to build, scale, and develop their Web3 business within Ledger.

"Comprehensive security for a company's digital assets has never been more important," said Sebastien Badault, VP of Enterprise at Ledger. "Legible and Ledger can now offer our enterprise customers an even more robust way to protect their organization, with full tax and accounting capabilities alongside Ledger's custom-fit digital asset solutions. This is another major step forward for the self-custody experience for businesses."

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