How It Works
Five layers of reporting infrastructure — from raw blockchain data to institutional financial records.
Direct Chain Ingestion
The platform begins with direct node access. Raw blockchain data is ingested from Ethereum and EVM-compatible networks — no reliance on aggregated feeds that may lag, omit, or misrepresent protocol events. The complete transaction history for every address in scope is captured and indexed.
Protocol-Level Event Decoding
Raw blockchain events describe state changes in smart contracts. They do not carry inherent accounting meaning. For each protocol in scope, dedicated decoding logic interprets the event logs and converts them into economically meaningful records — the critical layer absent from legacy reporting infrastructure.
Economic Classification
Decoded events are classified by their financial and accounting character. A single smart contract interaction may contain several distinct economic events — each requiring separate classification. This layer determines how each component is treated under GAAP and maps it to the appropriate account.
Journal Entry Generation & Currency Translation
Classified events are converted into GAAP-compliant journal entries. For investment products with a crypto-denominated functional currency — ETH, BTC, or other — the ledger maintains positions in that currency. Reporting currency (USD) translation is applied at the transaction level using point-in-time pricing from oracle feeds and on-chain sources. Both views are maintained simultaneously from the same underlying event record.
Institutional Financial Reporting
NAV statements, LP reporting, investor capital statements, collateral schedules, and audit packages are generated on the cadence the investment product requires. Every financial record is linked to the originating blockchain event. Auditors can trace any line item to the underlying on-chain transaction hash and verify it independently using public blockchain explorers.