Fireblocks buys TRES to add accounting and tax compliance to its on-chain platform.
The deal helps institutions meet growing crypto regulations as adoption scales.
Fireblocks, which is a large Crypto Infrastructure Platform, agreed to buy TRES for $130 million. Their goal is to help the large Companies and Financial institutions handle Crypto taxes, Accounting and Audits more easily and to become a Complete Operating System for managing digital assets on the chain.
The Complete Operating System means combining Fireblocks and TRES, where Institutions can now store Crypto safely, send and receive Crypto, and set approval rules and control risk. It can also create audit-ready accounting and tax reports manually. This can be done on one platform instead of using multiple tools.
TRES Finance is a Crypto accounting and Tax Compliance Platform built for the Inchain Activity. They provide audit-ready financial records for on-chain activity. More than 230 companies already
We współpracy z: https://thenewscrypto.com/fireblocks-buys-tres-for-130m-to-build-a-full-stack-crypto-compliance-platform/
