Streamlined Polymesh accounting with Bitwave

Blockchain specialized for regulated digital securities and compliance.

Why connect Polymesh to Bitwave ?

Security tokens alongside POLYX

Bitwave brings in Polymesh accounts with their token movements, so regulated security tokens issued on Polymesh are tracked in the subledger together with POLYX transfers and fees.

Staking rewards recorded as income

Polymesh staking rewards arrive as summarized entries by type, so operator or nominator income is recorded and can be categorized to revenue.

Account and asset details from the network

Bitwave reads Polymesh account and token details from the network's public record, so balances and asset identifiers in Bitwave line up with what your team sees on chain.

How it works

Bitwave tracks Polymesh addresses you import. Once you import your Polymesh account address, Bitwave brings in POLYX transfers, token movements, fees, and staking rewards, using Polymesh's public record for account and asset details.

Rewards arrive as summarized entries by type, and the activity is categorized and carried into balance, gain and loss, and journal entry reporting.

The workflow:

  1. Import your Polymesh account address into Bitwave.
  2. Bitwave brings in POLYX transfers, token movements, fees, and summarized staking rewards.
  3. Categorize the activity, one by one or with rules based on counterparties or reward type.
  4. Review balances and carry the results into your reports and general ledger.
Illustration of two laptops connected by digital payment lines.
Key Benefits

What makes the Bitwave integration with Polymesh special ?

Polymesh is purpose-built for regulated assets, so the organizations using it need an accounting record that covers security tokens as well as the POLYX used for fees and staking. Bitwave brings in both, with staking rewards grouped into reviewable summaries.

For the finance team, security token movements are categorized with counterparties, POLYX fees are booked as expense, staking income is recognized with the reward type as support, and balances reconcile to the chain, so Polymesh activity is reported with the rigor regulated holdings require.

More Enterprise-Grade Integrations

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ERPs

Sync data in real-time and eliminate manual errors. Bitwave seamlessly integrates with your existing back-office software for easier reporting.

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Blockchains

Bitwave supports tokens on the Bitcoin, Ethereum (All ERC-20 tokens + Layer 2), Solana, NEAR, and more. We are constantly adding support for new Blockchains.

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Custodial Wallets

Bitwave currently supports Fireblocks, NYDIG, BitGo, and Anchorage custodial wallets.  We are constantly adding support for new Custodial Wallets.

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DeFi Protocols

This is just a sample of the DeFi protocols we support. Click below for the full offering of DeFi integrations currently in place, with more being added each day.

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Exchanges

This is just a sample of the key Exchanges we support. Click below for the larger offering of Exchanges supported, with more being constantly added.

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Multi-Signature Wallets

Bitwave supports a variety of multi-signature wallets, such as Gnosis Safe, Zebec, and Electrum. We are constantly adding support for new Multi-Signature Wallets.

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Bring Polymesh activity into your financial operations.

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