SFOX

What is sFOX?

sFOX is an institutional-grade crypto prime dealer founded in 2015, offering deep liquidity, advanced execution, and integrated prime brokerage services. It aggregates liquidity from over 30 global exchanges and OTC desks, delivering low-slippage pricing, smart routing across venues, and scalable infrastructure for hedge funds, institutional investors, and advanced trading teams :contentReference[oaicite:3]{index=3}.

The platform supports algorithmic trading with multiple smart-order types, managed accounts, and insured custody via its sFOX SAFE product. It combines trading, custody, and settlement workflows in a unified, compliance-ready environment—helping users manage digital assets securely and efficiently :contentReference[oaicite:4]{index=4}.

Key Features of sFOX

• Integrated Prime Brokerage: Act as central counterparty—clients trade across multiple venues with settlement consolidated on sFOX, reducing counterparty risk and technical complexity :contentReference[oaicite:5]{index=5}.
• Smart Order Routing & Algorithms: Offers nine advanced order types (RFQ, icebergs, etc.) to minimize market impact and slippage :contentReference[oaicite:6]{index=6}.
• Deep Global Liquidity: Aggregates across 30+ venues, including exchanges and OTC desks, providing tight execution and price improvements :contentReference[oaicite:7]{index=7}.
• SAFE Custody Option: Fully-insured, regulated custody via Wyoming’s SAFE Trust Co.—free for accounts up to $250K and integrated with instant settlement capabilities :contentReference[oaicite:8]{index=8}.
• Instant Post-Trade Settlement: Trades are settled immediately (typically within 10–15 minutes on-chain), since sFOX is the execution counterparty :contentReference[oaicite:9]{index=9}.

Why It Matters for Accounting Teams

Integrating sFOX with Cryptoworth’s accounting platform transforms trade and custody data into structured, audit-ready reports:

• Cost Basis & Inventory Tracking: Trade transactions—timestamped and price-tagged—feed into Cryptoworth for accurate Weighted Average Cost (WAC) and inventory calculations.
• Unrealized Gain/Loss & Impairment: Real-time pricing from prime-executed trades supports continuous P/L evaluation and impairment testing under accounting standards :contentReference[oaicite:10]{index=10}.
• Settlement Reconciliation: Immediate on-chain settlement via sFOX SAFE allows seamless reconciliation between trades and wallet positions.
• Custody Reporting: SAFE custody balances and trade workflows appear in Cryptoworth with metadata, improving internal control and audit traceability.
• Journal Entry Automation: Structured transaction feeds convert into journal entries compatible with QuickBooks, NetSuite, Xero, Sage, and others :contentReference[oaicite:11]{index=11}.

Security, Compliance & Support

• SOC 2 Compliance and 99.99% Uptime: Institutional-grade service with robust operational controls :contentReference[oaicite:12]{index=12}.
• Regulated U.S. Prime Dealer: Centralized, compliant platform avoiding decentralized exchange and OTC risk :contentReference[oaicite:13]{index=13}.
• Dedicated Client Support: Access to trading desk, execution team, and post-trade analytics—including counterparty risk and slippage breakdowns :contentReference[oaicite:14]{index=14}.