Topic: [2018-08-24] Ernst & Young have Acquired Cryptocurrency Investment Software (Read 147 times)
August 25, 2018, 04:07:21 AM
This is an old news, check it https://www.accountingtoday.com/news/ernst-young-acquires-caat-cryptocurrency-tech
August 24, 2018, 08:58:10 AM
Cryptocurrencies are continuing to break new grounds within traditional finances. An increasing number of major firms continue to explore digital currency investment software.
Ernst & Young has acquired a software developed by a Silicon Valley-based startup called Elevated Consciousness in order to manage investments executed in cryptocurrencies.
The software in question is called Crypto-Asset Accounting and Tax (CAAT). It was bought by Ernst & Young’s Americas Tax Innovation Foundry with the intention to facilitate their clients in investing in crypto assets. Speaking on the matter, Michael Meisler, a partner at the company said:
“CAAT will allow us to help clients investing in crypto-assets, both in the fund space and beyond.”
See more - https://bitcoinist.com/ernst-young-investment-software/
E&Y’S FORAY INTO CRYPTOCURRENCIES
Ernst & Young has acquired a software developed by a Silicon Valley-based startup called Elevated Consciousness in order to manage investments executed in cryptocurrencies.
The software in question is called Crypto-Asset Accounting and Tax (CAAT). It was bought by Ernst & Young’s Americas Tax Innovation Foundry with the intention to facilitate their clients in investing in crypto assets. Speaking on the matter, Michael Meisler, a partner at the company said:
“CAAT will allow us to help clients investing in crypto-assets, both in the fund space and beyond.”
See more - https://bitcoinist.com/ernst-young-investment-software/
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