Digital Assets & Blockchain

Focus on innovation and keep up with disruptive market trends with experienced industry professionals by your side.

Some of the nation’s leading companies are incorporating blockchain technologies into their business processes. Blockchain’s disruptive technology has many practical uses. It can improve supply chain tracking and tracing, accelerate payments, and streamline compliance and auditing. But taking the leap into blockchain’s new way of managing data can cause real apprehension. With good reason.

Companies operating in the blockchain ecosystem rely on Marcum for practical guidance. Marcum’s experienced team recognizes blockchain’s potential benefits and, more importantly, the security and internal controls that need to be in place.

Adapt to changing demands and regulations

Build trust among stakeholders and attract investors

Minimize tax liabilities while optimizing your tax position

Rapid change requires rapid response

When it comes to rapidly evolving digital assets, it’s critical to align yourself with accomplished advisors who can guide you through opportunity, disruptions and challenges alike. Get informed advice from a digital assets team integrating professionals from across Marcum’s Audit & Assurance, Tax Structuring Compliance & Consulting, Financial Accounting & Advisory and Risk & Digital Advisory practice. Our audits are timely, accurate and detailed to help ensure compliance. Non-attest clients can benefit from a range of services that go beyond the numbers to deliver qualified insights that support your creativity and innovation.

Ask Marcum

Partner with leading digital assets professionals

Marcum’s Digital Assets and Blockchain Practice has built a reputation as premier advisor in the industry. Our highly knowledgeable team will help ensure that you’re prepared to react swiftly and effectively to define and unlock the potential value of digital holdings.

In-depth industry experience

Working closely with a spectrum of digital asset players – from investment funds, lenders, exchanges, and broker/dealers to mining and staking companies, token issuers and custodians – we stay on top of industry developments so our services remain on the cutting edge. Our dedicated professionals focus on clients in the digital asset industry, understand the underlying technology and perform quality audits designed to maximize accuracy and efficiency.

Cutting-edge audit tools

With our proprietary industry-specific audit tools, we independently query blockchains to extract timely and accurate data during the engagement.

Specialized knowledge

Marcum’s professionals bring extensive experience with a variety of digital assets and distributed ledger technologies, including blockchain consensus mechanisms (mining, staking), web3 infrastructure (layer 1 blockchains, layer 2 rollups, cross-chain bridges, wallets), decentralizedfinance (“DeFi”) applications (“dApps”), non-funguble tokens (“NFTs”), and on-chain governance and Decentralized Autonomous Organizations (“DAO”).

Digital assets and international tax consulting

We understand the unique complexities impacting crypto tax investments across global jurisdictions and can help maximize your tax strategy while avoiding
penalties.

Specialized services for your digital assets accounting needs

Marcum supports domestic and international investors and organizations of all sizes and structures. We offer a full suite of assurance, tax and consulting services, including:

Audit and Assurance

Performing financial statement audits for private companies
Conducting private to public transitions and public company audits

Performing Sarbanes Oxley 404b internal control audits

Tax Structuring, Compliance, and Consulting

Providing tax guidance for the development and execution of token issuances
Analyzing entity domestic and offshore structure to optimize tax benefits
Reviewing acceptance of digital assets for donors and contributions

Analyzing gain and loss strategies and reconciliation
Determining appropriate tax positions to mitigate exposure
Forming and structuring funds

Financial Accounting and Advisory

Appraising and valuing crypto holdings
Preparing for IPOs and other exit strategies

Restructuring
Establishing reporting practices in alignment with fresh start accounting principles

Risk and Digital Advisory

Providing scalable risk and control gap analyses, diagnostic reviews, and full RCM assessments against industry best practices and frameworks, including: CCSS, FFIEC, NIST, ISO, CIS, COSO, NYDSF Title 23 NYCRR and similar regulations
Conducting SOC 1 and SOC 2 Reporting and/or “Readiness” Assessments
Performing security audits to identify vulnerabilities and security gaps

Conducting penetration tests and vulnerability assessments
Conducting periodic phishing simulations and training to increase user awareness of cyber threats
Complying with the Sarbanes Oxley statute