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PennyWorks

Audit-ready NAV, onchain and off

Including the transactions that break everything else.
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Clients and Partners

In their words

  • You guys are great. We waited for months, what you guys gave us in minutes. 1000x better than [redacted].

    Evan MorrisFounderBoreal

  • PennyWorks has been a game-changer for our crypto bookkeeping. Their deep understanding of both the crypto space and accounting principles gave us complete confidence in the accuracy of our records. If you're serious about managing your crypto finances, PennyWorks are the one you want in your corner.

    Dr. Tripp StewartIndividual investor

  • PennyWorks provided essential support during a period of rapid expansion for us, effectively managing the complexities of our evolving smart contracts. Their ability to adapt and scale alongside our growth made them an invaluable partner. For organizations seeking robust, enterprise-grade crypto bookkeeping, PennyWorks is highly recommended.

    Leo MizuharaHashnote, a Circle company
You run a DeFi fundYour LPs judge you on one number, and it inherits every judgement made upstream of it, including the wrong ones. So the position has to be checkable against the chain, not just reported.How the book gets reconciled →You run a crypto companyCost basis has to survive wraps, bridges, rebases and vault shares, none of which have an equivalent in equities, and all of which your tax return has to account for anyway.Tax lots and capital gains →You issue an RWA tokenThe asset is not on a chain, so there is no node to ask. There are only statements, from several institutions, for several entities, and they have to hold together.What “backed” has to mean →
Section titled “NAV and financial statements, done right”
  • Accurate. Every transaction, onchain and off, across whatever chains and protocols you use, including the bespoke ones that break other tools. We build support based on your activity.
  • Timely, as often as daily. Human-reviewed before it ships, so your NAV is current, not weeks behind the close.
  • Every dollar, back to what earned it. Processed transaction by transaction, not a balance snapshot, so “where is this yield coming from?” has an answer down to the transaction.

Each on its own, you can find. All three at once is the hard problem, and the whole of what we do.

See one taken apart, to the last decimal →

Asset ActivityAccounting EngineOutput & DeliverablesWalletsCEXs/DEXsOffchainCollect TransactionsIndex Smart ContractsGenerate JournalsPrice AssetsReconcile & AccrueHuman Review& PublishNAVFinance StatementsCapital Gains & Tax LotsPerformance AnalyticsOnchainOffchain

From your activity to your NAV

01 · Sources

Your activity

Onchain and off, read-only.

  • Wallets
  • Exchanges
  • OTC & offchain

02 · The engine

Double-entry from raw activity

Decoded, priced, reconciled.

03 · Outputs

Your NAV and reports

Reviewed, then delivered.

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