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Blockchain Expertise and Guidance to Build Value

As you contemplate entering a blockchain venture, the Kranz Team is here to help you! We bring prior experience of guiding companies and crypto funds through the regulatory, tax, and accounting obligations to manage risk and safeguard value. We help manage the finance, accounting, and tax complexities associated with initial coin offerings, cryptocurrency, and tokenization. Our consulting, tax strategy and audit readiness services will help you maximize value of your blockchain venture.

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List of Services:

  • Help you understand tax and GAAP consequences, cost and benefits of managing your tokens
  • Account for tax, legal, and GAAP consequences of transferring virtual currency to your employees and non-employees
  • Revenue recognition of tokens for tax and GAAP, including deferral of revenue and timing of recognition
  • Develop and implement policy and process of the best approach to track and record crypto-transactions;
    calculate realized and unrealized gain/loss for tax and GAAP purposes
  • Address consolidation requirements under the Variable Interest Entity (VIE) rules
  • Account for incoming and outgoing cryptocurrencies and tokens
  • Audit readiness services

Fund Administration

  • Quarterly financial statements and capital accounts
  • Assist with portfolio valuations
  • Capital calls and distributions
  • Quarterly Fund key metrics (i.e. Net IRR,, TVPI, DPI, or other requested metric)
  • Liaison for year-end audit and tax services
  • SEC/FINRA filings
  • Timely response to Limited Partner inquiries
  • Maintain investment documents and quarterly portfolio financial data

We help provide reliability of your accounting transactions and financial records to ensure a smooth audit and identify opportunities to improve effectiveness of internal controls. We assist with:

  • Reconciliations, such as transactions to/from your wallet, your proprietary platform, the blockchain and the general ledger
  • Realized and unrealized gain/loss calculations and corresponding adjustments to your cryptoasset balances
  • Templates that help supply information for the audit
  • KPI models relevant for your business
  • Information assurance and risk management

For more information contact: admin@kranzassoc.com