Subscribe to Our Newsletter
Wednesday May 18, 2022
Bitcoin (BTC) $29,040.00   Ether (ETH) $1,958.91
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Vendor Technology

Ledgermatic treasury and custody solution now live for the Algorand network

The first set of Algorand-based clients are now active on the Ledgermatic system...

Published by CryptoNinjas.net
07/15/2021
Ledgermatic treasury and custody solution now live for the Algorand network

Ledgermatic, a digital treasury management platform, announced today it is now live and compatible with the Algorand ecosystem. Businesses that use the Algorand network, hold ALGO, and use native ASA tokens can leverage Ledgermatic as their custodian and back-office finance solution.

Clients of Ledgermatic can view their positions and flows by geography, asset, and business unit; allowing them to manage liquidity and exposure in real-time.

Customers can also recreate their corporate structure and assign a variety of account types and third parties to the individual entities; segregated, pooled, and virtual accounts can manage a variety of trading, investment, and back-office activity.

Moreover, users can link their digital asset activity to their general sub-ledger, and Chart of Accounts (CoA). Granular financial controls for segregation of duties, veto rights, and audit views aim to vastly reduce the opportunity that Ledgermatic users are exposed to fraud, waste, and abuse.

Algorand + Ledgermatic

“The Algorand ecosystem is a vibrant community of really impressive and focused projects. We recognized the growth in these projects; and wanted Algorand to feature amongst our first set of protocols we work with. With Ledgermatic we enable Algorand activity to drive overall financial growth and convert back offices into a dynamic, secure, and hyper-connected function.”
– Ledgermatic CEO, Luke Sully

As of now, Ledgermatic is generally available to ALGO token holders, Algorand-built platforms, investment funds, and exchanges. Further, the Ledgermatic team is working to integrate an ALGO staking function.

IBMR, the project behind ARCC, one of Algorand’s largest token holders, uses Ledgermatic for custody.

“We are thrilled that Ledgermatic recognized the robust ecosystem developing on the Algorand blockchain. And have prioritized making their treasury and custody tools available to the accelerating number of individuals and organizations launching assets on Algorand. Digital asset businesses building on Algorand can now seamlessly tap into Ledgermatic’s offerings.”
– W. Sean Ford, COO of Algorand 

484
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Latest Algorand upgrade includes quantum-secure keys and enhanced smart contracts

03/03/2022
Latest Algorand upgrade includes quantum-secure keys and enhanced smart contracts

Algorand, a next-gen blockchain application network, today announced a major release that will empower the creation of more sophisticated apps while marking a milestone for its cross-chain interoperability. Developers are now able to build...

Read more

Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds

03/01/2022
Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds

Algoracle, a decentralized oracle network built on the Algorand blockchain, announced today a partnership with Glitter Finance, a cross-chain bridge that allows the redeployment of a portion of locked tokens (collateral) on one chain...

Read more

Alchemy Pay adds support for Algorand (ALGO) on its fiat-crypto gateway platform

01/10/2022
Alchemy Pay adds support for Algorand (ALGO) on its fiat-crypto gateway platform

Algorand (ALGO), a layer-1 blockchain for decentralized applications and finance, announced today it has added new fiat payment channels into its network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay is...

Read more

Lending market platform Algofi ready to launch on the Algorand blockchain

08/26/2021
Lending market platform Algofi ready to launch on the Algorand blockchain

Algofi, a platform to earn high-interest yields on cryptocurrency, announced today the upcoming launch of its decentralized lending market app on the Algorand blockchain. The protocol is currently live on Algorand's testnet, with plans...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

Blockchain analytics provider Nansen integrates and invests in DeFi data app APY.vision 

05/12/2022
Hedera launchpad platform HederaStarter to launch its native token via IDO on May 19

Hedera launchpad platform HederaStarter to hold IDO May 19 to establish HSTART token

05/11/2022
Asia cypto margin trading app MoonXBT integrates XanPool's fiat gateway

Asia crypto margin trading app MoonXBT integrates XanPool’s fiat gateway

05/12/2022
Crypto trading network Apifiny launches new smart order routing feature across 20+ exchanges

Crypto trading network Apifiny launches new smart order routing feature across 25+ exchanges

05/10/2022
Crypto tech platform Fireblocks unveils new 'Web3 Engine' with suite of developer tools

Crypto tech platform Fireblocks unveils new ‘Web3 Engine’ with suite of developer tools

05/17/2022
Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

Jewel chooses ERC-3643 and Tokeny platform to issue stablecoins on Polygon

05/16/2022
COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

COTI links with Cardashift to accelerate social & environmental projects using Djed stablecoin

05/16/2022
Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

Blockchain infrastructure platform QuickNode acquires NFT analytics provider icy.tools

05/16/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 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 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version