We offer targeted financial management solutions for exchanges with large volumes of transactions to prevent internal financial loss and enhance public credibility externally
Target Client:
CEX
Crypto Asset Operation Platform
Problem Solved
Disorganized control of assets
Lack of vouchers and review process for on-chain expenses, making it easy for embezzlement
Mixed use of user deposit/withdrawal accounts and the company's daily treasury accounts without segregating the risk exposure of user's assets
Disorganized transaction records
Inability to clearly distinguish users' funds and company funds, prone to mixing and misappropriation of assets
Lack of timely access to revenues, expenses and profits, and inaccurate information for decision-making
Inaccurate handling of price fluctuations and capital gain/loss resulting in inability to calculate the true profitability of the position
No corresponding accounting treatment for assets with restrictions, resulting in insufficient control over the liquidity of assets and the risk of a run on funds
Complexity of data sources
The number of on-chain deposit/withdrawal addresses and transactions is large and changes frequently (million-level), making it difficult for financial staff to maintain and update
Difficutly in systems data integration between business systems, on-chain wallets (including custodian wallets) and financial systems
Our Solution
Financial Management Platform
Financial Dashboard
Financial reports: Balance Sheet, Income Statement, Cashflow Statement (fiat)
Crypto asset disclosures: Significant Holdings of Crypto Assets, Restrictions of Crypto Assets, Roll-forward of Crypto Assets
Suspicious Transaction Monitor
Reconciled financial report with other entities
Financial Consulting
Entity and account planning
Business Activity Mapping
Bookkeeping and financial reporting
Internal Audit of On-chain Transaction
Real-time on-chain proof of reserve (with ChainLink)
System Integration(Business System, Custodians, Financial Systems)
On-chain Data Support
Elven has truly revolutionized our financial management! Its detection of suspicious transactions shield us from potential scams and risks. The real-time and accurate financial reports empower us to make swift decisions and seize opportunities.
Welcome to Elven! We're here to assist you and answer any questions you may have. Feel free to reach out to us. We're dedicated to providing you with the best support and guidance. How can we assist you today? 🤩
