The Most Trusted Experienced Reliable Innovative Firm in Digital Assets.

Bridging you to the network-driven world.

Our Clients

Our Crypto Accounting & Attest Services

Our Approach

Delivering unmatched value to clients through global reach, innovative solutions, standardization, and real-world experience.

Serve Clients
Globally

In a borderless industry, we serve clients from Dallas to Dubai, and everywhere in between.

Lead through
Innovation

Whether it’s completing the 1st CPA-assisted Proof of Reserves or bringing reserved data on chain, we lead by example.

Advance Cryptocurrency
Standards

We inform and support the industry with trade orgs including the AICPA, Chamber of Digital Commerce, and the Texas Blockchain Council.

Translate Experience to
Client Value

Our team has served the needs of the digital assets industry since 2016, serving public clients and small startups; we bring you informed solutions.

Our History of Innovation & Excellence

Progress Through Innovation = Tangible Value to Clients

  • 2018

    Launched the First Real-Time Attestation Reporting System

    • Our co-founders launched the world’s first real-time attestation reporting system to serve a startup stablecoin issuer.

    • This was a big step forward in digital assets transparency and a giant leap for the accounting industry.

    • In a world first, we automated data collection and reporting to deliver CPA attestations in “real-time.”

    • The real-time era begins!

  • 2019

    First Team of CPAs to Execute an Auditor-Attested Proof of Reserves

    • In 2019, the TNF team was the first to execute a Proof of Reserves engagement, covering the customer liabilities and reserve assets of a top-10 global exchange.

    • Our solution included cryptographic customer verification and provided independence and attest standards to Proof of Reserves, which had been less useful over past examples as they relied on “self-attestation” by the exchange.

    • Today, we continue to lead in this space with refined tools to provide PoR services.

  • 2021

    Developed the Industry’s Most Comprehensive PoR Taxonomy

    • In conjunction with industry leaders, Big4 accounting firms, and legal and policy experts, we developed the Digital Chamber of Commerce’s “Practitioner’s Guide to Proof of Reserves.”

    • The three-pronged framework and terminology represented the most comprehensive source of information on PoR to date.

    • Today, our work continues, and Version 2 (2024) of the Practitioner’s Guide remains the most comprehensive and trusted source for understanding and executing PoRs.

  • 2021

    First Team of CPAs to Bring Reserves Data On-Chain through a Blockchain Oracle Network

    • In conjunction with Chainlink, TNF provided the off-chain reserves (cash and Treasuries) data from a large stablecoin issuer, making that data available for use in smart contracts.

    • TNF’s proprietary service aggregates multi-custodian balances, exposes the balance information via API, and provides a Chainlink Oracle Node to serve data on-chain.

    • Our innovation formed the foundation of the “secure mint” requiring by code a full reserve before additional stablecoins can be minted.

  • 2023

    The Network Firm is Born

    • Our team forged a new path leaving our comfortable position at a Top 20 U.S. Accounting Firm.

    • We were recognized as global leaders in digital asset services and transparency technology, but we had ambitions to do much more.

    • And so, the world’s first digital-assets-focused CPA firm was born.

  • 2023

    10 Auditor-Attested Proof of Reserves Reports Completed, the Most of Any CPA Firm!

    • The TNF team completed its 10th Proof of Reserves attestation for large global digital assets service providers.

    • With our reporting and services standing strong in the market and trusted by millions of end users our reputation grows stronger.

    • This is our Proof of Work!

  • 2023

    Real-Time AUA (“Assets Under Attest”) Reaches $5 Billion

    • The aggregate USD value of all “assets under attest” covered by TNF’s services passes $5 Billion in assets.

    • Today, our AUA grows steadily reflecting the market’s demand for trusted reporting over reserve assets and our unwavering commitment to reliable and quality services for digital assets market participants.

    • As all assets become digital assets, we are committed to leading in transparency services for the tokenized future!

  • 2023

    Expanded On-Chain Proof of Reserves Services to Real-World Asset (RWA) Tokenizers: Tokenized Real Estate, Gold and Treasuries

    • The first data brought on-chain via Chainlink related to reserves backing a stablecoin.

    • In 2023, we expanded the data available to be brought on chain. Now, our expanded services enable RWA reserve data related to tokenized treasuries, gold and real estate to be brought on chain reliably.

    • The future of RWAs is bright, but on-chain Proof of Reserves transparency services are critical to further development of RWA products.

  • 2024

    Practitioner’s Guide to Proof of Reserves V2 Released

    • Reflecting our ongoing commitment to standards and education regarding reserves transparency, we served as the lead author for the Digital Chamber’s updated Guide.

    • The Guide benefits from further industry consensus and is reorganized to serve the needs of policymakers, regulators, operators, and engineers.

    • Get Your Copy of the Guide Here

  • 2024

    TNF Services Expanded to Meet New Market Needs

    • The Network Firm begins offering two a critical services for digital asset service providers and stablecoin issuers: financial statement audits.

    • Financial Statement Audits remain a critical service for companies’ investor and licensing requirements. Applying our considerable experience in this service allows us to continue strengthening TNF’s brand as the most trusted firm in digital assets.

    • We are dedicated to quality and transparency across multiple important services!

  • 2024

    Charting New Waters in Stablecoin Issuer Internal Controls Requirements

    • In early 2024, we charted new waters by delivering our first controls attestation report to meet a client’s needs for New York Department of Financial Services (DFS) compliance.

    • As the first firm to deliver such a report, we demonstrated our unwavering commitment to respond to market and client needs while other firms wait for a template they can follow.

    • We deliver unique value to clients by accepting change, moving first, and cutting a path for others to follow.

Leading the Crypto & Accounting Industries Forward

Our industry groups and partnerships

Testimonials

  • "As the first digital assets lender to complete Proof of Reserves, finding the right firm for our attestations was vital. We're confident that The Network Firm, with whom we've collaborated for three years, was the right choice. Their blockchain expertise and CPA background enabled them to understand our business and efficiently execute the proof of reserves process. Their independent sign-off on the Proof of Reserves attestation report provides invaluable transparency to our clients."

    Team @ Ledn

  • "The Network Firm enabled us to become the first ETP issuer worldwide to prove in real-time that we held adequate reserves backing our investor's ETP holdings. Over the years this transparency has provided tremendous value to our ETP holders and reduced our compliance burden."

    Richard Nash, Coinshares, CFO

  • "The Network Firm's novel Proof of Reserves service is a groundbreaking leap forward in RWA transparency. As the first tokenized treasury product to integrate on-chain PoR, we are proud to have set a new bar in the RWA market. Thanks to TNF and Chainlink, STBT now has more opportunities for market growth and use within the DeFi ecosystem."

    Cynthia Wu, Matrixport

  • "The Network Firm is incredible. Quarterly reconciliation with them is actually fun and gives me such peace of mind. I never thought that Crypto accounting would go from a total headache to a total blast, but The Network Firm somehow has pulled that off."

    G.R., Founder & Trader

  • "TNF’s Basis Tracking Service was super helpful for understanding my taxes this year! They were very thorough, extremely responsive, and willing to answer all my questions for navigating taxes on digital assets. As this is a new territory for me, I was extremely appreciative of the time they took to explain things to me in a digestible way."

    T.D., Token Project Employee

  • "The service provided by TNF facilitated the basis tracking of crypto positions, allowed me to better understand movements across all my tokens, and ultimately gave me confidence that I was filing properly during tax season. I plan to keep using TNF in the future!"

    S.D., Token Project Employee

  • "TNF is built different! This firm really knows crypto and they go above and beyond for clients. They provided amazing support and their advice and multi-year reconciliation of my trading history gave me the visibility and understanding of my portfolio that I had always wanted."

    K.H., Early Coinbase Employee & Investor

Talk to an Expert

The Network Firm is the most experienced and trusted crypto accounting firm, providing services to help you find the right solutions for your digital asset needs. Simply use the link below to book an introductory meeting with our team.