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Topic: [2018-08-24] Ernst & Young have Acquired Cryptocurrency Investment Software (Read 152 times)

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Cryptocurrencies are continuing to break new grounds within traditional finances. An increasing number of  major firms continue to explore digital currency 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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