2024-09-12 00:45:47
The new partnership brings industry-leading expertise and comprehensive asset management solutions to streamline the manual process of asset recovery.
NEW YORK, 12. Sept. 2024 /PRNewswire/ – Asset Realitythe global authority for the confiscation, management and disposal of assets, and Taxbitthe leading provider of digital asset financial compliance solutions for enterprises and the public sector, are pleased to announce a new strategic partnership. The collaboration will provide government agencies with industry-leading expertise and an integrated solution that supports all aspects of digital asset collection, management, disposal, reporting and accounting.
Managing digital assets presents unique challenges that require both specialized expertise and tools. Through this partnership, Asset Reality and Taxbit will offer a comprehensive end-to-end solution to track, audit and report on collected assets throughout their lifecycle.
The key benefits of this partnership include:
- Comprehensive lifecycle support: Asset Reality offers a combination of expertise and specially developed tools for the collection, custody, valuation and disposal (liquidation, conversion and return) of digital assets.
- Streamlined information collection, reporting and analysis: Automated case tracking, assessment, inventory reconciliation and reporting through the Taxbit platform, providing authorities with more accurate, easily accessible reports and case documentation for real-time and historical analysis.
- Comprehensive training and services: Industry-leading training and managed services from Taxbit and subject matter experts at Asset Reality, ensuring authorities are well equipped to manage the digital assets under their control.
“We are thrilled to partner with the Asset Reality team, who have built an incredible offering and have unparalleled expertise in the asset recovery lifecycle,” said Lindsey Argalas, CEO of Taxbit. “With Taxbit’s cutting-edge data normalization, monitoring and reporting technology, we are enabling authorities to better manage assets with the transparency and internal control they need.”
“Our collaboration with TaxBit sets a new standard in the industry,” said Aidan Larkin, CEO of Asset Reality. “By integrating our comprehensive seized asset management tools with TaxBit’s compliance and reporting capabilities, we will provide our clients with unparalleled support and help them navigate the complex digital asset landscape.”
This partnership represents a significant advancement in digital asset law enforcement and provides a seamless, integrated solution that addresses the challenges of digital asset management for government agencies. For more information on how this solution can support your department, visit taxbit.com.
Information about Asset Reality Asset Reality is a global leader in asset recovery and management, offering unique capabilities across the entire asset recovery lifecycle, both physical and digital assets. This includes integrated custody options, valuation, disposal and specialized training, making them the only company to offer a complete asset management solution.
Information about Taxbit Built by CPAs and tax attorneys, Taxbit is the leading tax and accounting compliance solution for the digital economy. Tailored for enterprises, financial institutions, and governments, our end-to-end platform streamlines compliance while ensuring the highest levels of accuracy. Taxbit is SOC 1 Type 1, SOC 2 Type 2, and ISO 27001 certified. Taxbit has raised over $235M from leading global investors including Ribbit, IVP, Paradigm, Haun Ventures, and PayPal Ventures. TaxBit is headquartered in Draper, Utah, with offices in Salt Lake City, San Francisco, Seattle, New York, and Washington, DC For more information, visit www.taxbit.com.
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Table of Contents
Breakthrough Partnership Revolutionizes Digital Asset Management and Recovery
In a landmark announcement, Asset Reality and Taxbit have formed a strategic partnership to provide government agencies with industry-leading expertise and comprehensive asset management solutions. This collaboration will streamline the manual process of asset recovery, offering a seamless, integrated solution that addresses the unique challenges of digital asset management.
Comprehensive Asset Management Solutions
The partnership brings together Asset Reality’s expertise in asset recovery and management, and Taxbit’s cutting-edge technology in digital asset financial compliance solutions. Through this collaboration, government agencies will have access to a comprehensive end-to-end solution that supports all aspects of digital asset collection, management, disposal, reporting, and accounting.
Key Benefits of the Partnership
The partnership offers several key benefits, including:
Comprehensive lifecycle support: Asset Reality’s expertise and specially developed tools for the collection, custody, valuation, and disposal of digital assets.
Streamlined information collection, reporting, and analysis: Automated case tracking, assessment, inventory reconciliation, and reporting through the Taxbit platform, providing authorities with more accurate, easily accessible reports and case documentation for real-time and historical analysis.
* Comprehensive training and services: Industry-leading training and managed services from Taxbit and subject matter experts at Asset Reality, ensuring authorities are well equipped to manage the digital assets under their control.
Industry-Leading Expertise
Both companies are leaders in their respective fields. Asset Reality is a global authority in asset recovery and management, offering unique capabilities across the entire asset recovery lifecycle, both physical and digital assets. Taxbit, on the other hand, is the leading tax and accounting compliance solution for the digital economy, tailored for enterprises, financial institutions, and governments.
A New Standard in Digital Asset Management
According to Lindsey Argalas, CEO of Taxbit, “We are thrilled to partner with the Asset Reality team, who have built an incredible offering and have unparalleled expertise in the asset recovery lifecycle.” Aidan Larkin, CEO of Asset Reality, added, “Our collaboration with TaxBit sets a new standard in the industry, providing our clients with unparalleled support and helping them navigate the complex digital asset landscape.”
For More Information
To learn more about how this solution can support your department,
Comprehensive Digital Asset Management: The Future of Asset Recovery
The world of digital assets has brought about a new era of challenges for law enforcement agencies and governments. The complexity of managing digital assets, from collection to disposal, has created a significant gap in the industry. To address this gap, Asset Reality, a global authority in asset recovery and management, has partnered with Taxbit, a leading provider of digital asset financial compliance solutions. This strategic partnership brings together industry-leading expertise and comprehensive asset management solutions to streamline the manual process of asset recovery.
The Challenges of Digital Asset Management
Managing digital assets presents unique challenges that require specialized expertise and tools. Law enforcement agencies and governments struggle to keep pace with the rapidly evolving digital landscape, making it difficult to effectively manage digital assets. The lack of comprehensive solutions has resulted in inefficient and time-consuming processes, hindering the ability to effectively track, audit, and report on collected assets.
The Solution: A Comprehensive End-to-End Solution
The partnership between Asset Reality and Taxbit offers a comprehensive end-to-end solution to track, audit, and report on collected assets throughout their lifecycle. This integrated solution provides government agencies with industry-leading expertise and tools to manage digital assets with transparency and internal control.
Key Benefits of the Partnership
The partnership brings several key benefits to the table:
- Comprehensive Lifecycle Support: Asset Reality offers a combination of expertise and specially developed tools for the collection, custody, valuation, and disposal of digital assets.
- Streamlined Information Collection, Reporting, and Analysis: Automated case tracking, assessment, inventory reconciliation, and reporting through the Taxbit platform provide authorities with more accurate, easily accessible reports and case documentation for real-time and historical analysis.
- Comprehensive Training and Services: Industry-leading training and managed services from Taxbit and subject matter experts at Asset Reality ensure authorities are well-equipped to manage digital assets under their control.
A New Standard in Digital Asset Management
This partnership represents a significant advancement in digital asset law enforcement and provides a seamless, integrated solution that addresses the challenges of digital asset management for government agencies. The collaboration sets a new standard in the industry, enabling authorities to better manage digital assets with the transparency and internal control they need.
About Asset Reality and Taxbit
Asset Reality is a global leader in asset recovery and management, offering unique capabilities across the entire asset recovery lifecycle, both physical and digital assets. This includes integrated custody options, valuation, disposal, and specialized training, making them the only company to offer a complete asset management solution.
Taxbit is a leading provider of digital asset financial compliance solutions for enterprises and the public sector. Their cutting-edge data normalization, monitoring, and reporting technology enable authorities to better manage digital assets with transparency and internal control.
For more information on how this solution can support your department, visit [taxbit.com][3].
Upcoming Event: Chainalysis Trace
Join the Taxbit team at Chainalysis Trace, the leading public sector event of the cryptocurrency ecosystem, on July 16-17, 2024, in Washington, DC [[1]].
Recent Collaboration: Asset Reality and Taxbit
Recently, Asset Reality and Taxbit collaborated to improve the seizure and management of digital assets [[2]]. This collaboration highlights the companies’ commitment to providing comprehensive solutions for digital asset management.
the partnership between Asset Reality and Taxbit marks a
