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Paxos

What is Paxos?

Paxos is a trusted blockchain infrastructure designed for enterprises. Global leaders in financial services use Paxos' platform and APIs to build their blockchain and digital asset solutions. If you are ready to explore how Paxos can transform your crypto accounting, contact us.

Key Features of Paxos

  • Blockchain Infrastructure for Enterprises: Global leaders in financial services use Paxos’ platform and APIs to build their blockchain and digital asset solutions.
  • Stablecoin & Payments: Blockchain-based payments and regulated stablecoin solutions.
  • Crypto Brokerage: Crypto infrastructure with qualified custody, licensing, and trading.

Use Cases for Paxos Data in Accounting

Accurate Cost Basis and Weighted Average Cost (WAC) Calculation

  • Sync comprehensive data from Paxos and other relevant platforms. Utilize Paxos data to calculate precise cost basis and Weighted Average Cost (WAC), facilitating accurate financial reporting and compliance.

Enhanced Reporting with Digital Asset Insights

  • Integrate Paxos data alongside information from various platforms and protocols. Leverage Cryptoworth to produce detailed reports, including Gain/Loss statements specific to digital asset transactions, providing a holistic view of financial health and insights for strategic decision-making.
Visit their official website to learn more:
https://www.paxos.com
Accounting Features Supported for
Paxos
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

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