As the global Web3 community gears up for EthCC 2025, there’s no better time to explore the foundational infrastructure powering the new wave of onchain enterprises. At the heart of this revolution lies a simple truth: accurate, auditable crypto accounting is non-negotiable. Whether you're a DeFi protocol, a DAO, or an enterprise experimenting with crypto payments, Bitwave is the financial backbone you need.
Let’s break down how Bitwave simplifies Ethereum and Bitcoin accounting, and why it remains the most trusted and robust solution for finance teams worldwide.
The Onchain CFO Stack: Built for Payments, Accounting & Reporting
Bitwave is the first and most comprehensive crypto accounting subledger designed to integrate seamlessly with your existing ERP and financial systems. Whether you're using Ethereum for vendor payments or Bitcoin for treasury operations, Bitwave streamlines everything — from real-time transaction ingestion to GAAP/IFRS-compliant reporting.
Supported chains include:
- Bitcoin
- Ethereum (including all ERC-20 tokens and L2s)
- Aptos, Arbitrum, Aurora, Avalanche, BSC, Binance Smart ChainBase, Canton, Casper, Celo, Cosmos, Fantom, Flow, Gnosis, Hedera, Immutable X, Klaytn, Mina, Near, Oasis, Optimism, Osmosis, Polygon, Polymesh, Ripple, Solana, Stacks, Stellar, Zetachain, and more added daily.
The Market-Leading Enterprise Solution for Digital Asset Finance: Top 10 Reasons to Choose Bitwave
- Oldest and Most Proven in Market
Founded in 2018, Bitwave has survived — and thrived — through multiple market cycles. - True Subledger Functionality
Purpose-built to serve as a crypto subledger, Bitwave integrates directly with ERPs like NetSuite, QuickBooks, Microsoft Dynamics, and more. - Comprehensive Blockchain Coverage
From L1s like Bitcoin and Ethereum to emerging L2s and sidechains like Arbitrum, Hedera, Base, Polygon, and more, Bitwave supports the full spectrum of Web3 assets. - Enterprise-Grade Compliance
Supports GAAP, IFRS, and jurisdiction-specific tax treatments, including De Minimis rules and fair market value calculations. - Multi-Entity, Multi-Wallet Support
Designed for growing organizations with global footprints and dozens (or hundreds) of wallets. - Powerful Reporting Suite
Generate balance sheets, P&Ls, gain/loss reports, and audit-ready documentation in seconds. - DeFi Transaction Normalization
Automatically categorizes complex DeFi activity including swaps, staking, liquidity provision, and bridges. - Robust Automation
Automate reconciliations, accounting rules, and alerts across thousands of wallet transactions. - Developer-Friendly APIs
Build your own workflows, data pipelines, or integrations using our well-documented REST API. - White-Glove Support & Partner Network
From onboarding to audits, Bitwave’s expert team and partner ecosystem are with you every step of the way.
Why Bitwave Excels at Ethereum and Bitcoin Accounting
Ethereum and Bitcoin represent two fundamentally different design philosophies — and Bitwave supports both with precision:
Ethereum Accounting
- ERC-20 & L2 Compatibility: Bitwave normalizes token activity across L1 and Layer 2 rollups like Arbitrum, Optimism, Base, and more.
- Smart Contract Parsing: Automated classification of staking, DeFi protocol interactions, and NFT activity.
- Gas Fee Allocation: Accurately tracks and allocates gas fees to associated transactions and cost centers.
- Token Treasury Management: Full support for tracking treasuries in volatile or illiquid ERC-20 tokens.
Bitcoin and Crypto Accounting
- Cost Basis Calculations: Multiple FIFO/LIFO/Specific ID methods for accurate gain/loss tracking.
- Bitwave ensures GAAP/IFRS-compliant subledger entries no matter how technical the blockchain layer gets.
The Bitwave Payment Network
As enterprise crypto usage matures, companies are increasingly turning to stablecoins, ETH, and BTC for real-world B2B payments. Enter the Bitwave Payment Network — your bridge to the future of money movement.
What is the Bitwave Payment Network?
A secure, enterprise-grade crypto payment infrastructure that allows:
- Payers to create and manage vendor payments in ETH, BTC, or stablecoins.
- Vendors to receive accurate, invoice-backed payments.
Finance teams to automate GL entries, generate audit trails, and reconcile transactions instantly.
Example: An enterprise using Bitwave can generate a payable invoice in USDC on Ethereum, send it to a vendor, and execute a gas-optimized payment — all while maintaining compliant ledger entries in real time.
Enterprise-Scale Adoption
- Used by crypto giants like Coinbase, who rely on Bitwave to move millions in vendor payments.
- Built for interoperability, connecting with stablecoins, custodians, exchanges, and on/off-ramp providers.
Final Thoughts: Leading the Charge into Onchain Finance
As the crypto economy matures, finance leaders need systems they can trust. Bitwave has spent years building a battle-tested, enterprise-grade subledger for exactly this purpose. For companies dealing with Ethereum, Bitcoin, stablecoins, or any other digital asset, Bitwave is the gold standard.
Whether you’re attending EthCC or scaling your onchain business from startup to enterprise, Bitwave is your partner in compliance, clarity, and control.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
