Join Our Mailing List
Monday January 30, 2023
Bitcoin (BTC) $23,635.33   Ethereum (ETH) $1,636.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

Verady launches VeraNet platform for cyptocurrency accounting and audits

Published by CryptoNinjas.net
10/24/2017
Verady launches VeraNet platform for cyptocurrency accounting and audits

Verady, a cryptocurrency accounting and audit technology company, is formally announcing a strategic partnership with Aprio, a nationally-recognized CPA-led business advisory firm, headquartered in Georgia. Aprio is a strong partner for the Atlanta-based company. Verady has been working closely with Aprio over the past several years to assist with auditing one of the world’s largest cryptocurrency payment processing companies. Today, Verady officially launched the platform that made all of this possible, VeraNet.

Aprio has worked with the Verady team to successfully complete a number of audit engagements over the past several years. Jagruti Solanki, Assurance Senior Manager at Aprio, stated:

“With the assistance of the Verady team and the VeraNet platform, we were able to efficiently complete our financial statement audits, including a complete reconciliation of the bitcoin transactions and bitcoin assets held by our customer. Through our partnership with Verady we will now be able to provide a wide array of financial assurance services to companies and their third-party intermediaries that use cryptocurrencies or the blockchain in their everyday business.”

Understanding how blockchain assets align with Generally Accepted Accounting Principles (GAAP) is crucial to the adoption of cryptocurrency for everyday use. The founders of Verady intend to lead the way and have been working in the space since 2013

Nathan Eppinger, CTO of Verady said:

“The idea for VeraNet was developed four years ago as an audit solution to verify bitcoin asset control, transaction volumes, and historical balances. With cryptocurrency not having widespread adoption yet and a market cap of under one billion, the timing wasn’t quite right then.”

The company will soon be making an announcement for the initial token offering of VERA, currently scheduled for early 2018.

Kell Canty, Verday, CEO stated:

“The growth of all cryptocurrency has been very exciting to see this past year, but the use of cryptocurrency comes with challenges. We created Verady to assist companies with the challenge of financial accountability associated with the use of blockchain assets. As the VeraNet platform expands, it will incorporate accounting platform integrations, tax liability calculations, more complex financial reporting, and a wider variety of use cases.”

89
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto accounting software firm Verady completes SOC 1 certification review

01/21/2020
Crypto accounting software firm Verady completes SOC 1 certification review

Verady, a provider of cryptocurrency accounting, reporting and verification capabilities through its Ledgible platform, today announced it has completed its System and Organization Control (SOC) 1 Type 1 certification used for processing blockchain transactions....

Read more

Crypto accounting software Verady enhances transactions table interface

01/13/2020
Crypto accounting software Verady enhances transactions table interface

Verady, a software suite for cryptocurrency accounting and auditing, announced its newest product update for 2020. Users will now see a brand new interface for searching, sorting and reporting on their cryptocurrency transactions. Currently,...

Read more

Verady closes investment round to grow its crypto accounting platform

10/17/2019
Verady CryptoNinjas

Verady, maker of Ledgible, a cryptocurrency accounting and audit platform, today announced it closed an investment round led by TTV Capital, an Atlanta-based, early-stage venture capital firm focused exclusively on investing in FinTech companies. This...

Read more

Verady integrates its crypto accounting platform with QuickBooks Online

10/03/2019
Verady integrates its crypto accounting platform with QuickBooks Online

Verady, a cryptocurrency accounting and audit software company, today announced its Ledgible platform now integrates with QuickBooks Online. The Ledgible platform integration enables businesses, accountants and bookkeepers to save time, reduce complexity, and ensure accuracy...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy