Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Asset Reality, known globally as the authority on asset seizure, management, and disposal, brings to the table a deep understanding and specialized capabilities in handling digital assets. On the other hand, Taxbit is celebrated for its pioneering financial digital asset compliance solutions targeted at enterprises and the public sector.
The rationale behind this collaboration stems from a mutual goal to streamline the cumbersome process associated with the seizure and management of digital assets. Government agencies will benefit from a combined offering that covers all facets of digital asset management from seizure through to disposal.
Asset Reality excels in providing comprehensive lifecycle support for digital assets. This includes everything from the initial seizure and custody to the valuation and eventual disposal of assets. Taxbit enhances this process by offering advanced tools for information collection, reporting, and analysis, which includes automated tracking of asset portfolios and valuation reconciliation.
Additional highlights of this partnership include enhanced training programs and managed services spearheaded by subject matter experts from both companies. This initiative ensures that governmental bodies are well-equipped to oversee digital assets effectively.
Lindsey Argalas, CEO of Taxbit, said, “We are excited to partner with the Asset Reality team — they have built an incredible offering and provide unique expertise in the asset seizure lifecycle.
“With Taxbit’s cutting-edge data normalization, monitoring, and reporting technology, we enable agencies to better manage assets with the necessary transparency and internal controls.”
Aidan Larkin, CEO of Asset Reality, said, “Our collaboration with TaxBit sets a new standard in the industry.
“By integrating our comprehensive seized asset management tools with TaxBit’s compliance and reporting capabilities, we deliver unparalleled support to our clients, helping them navigate the complexities of the digital asset landscape.”
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