Due diligence

Digital asset financial due diligence for informed decisions.

We help decision-makers examine the records, wallets, flows, controls, and accounting assumptions that can shape a digital asset transaction.

Scope a due diligence review

When to call

Define the transaction, decision, and records to examine.

Investment or acquisition review

An investor or buyer needs to understand whether reported assets, revenue, expenses, liabilities, and treasury activity are supported by the available records.

Capital raise or counterparty review

Management needs a clearer data room, reconciled schedules, and an honest account of unresolved accounting issues before scrutiny increases.

Complex on-chain exposure

Material activity spans self-custody, custodians, exchanges, protocols, tokens, legal entities, and related parties that conventional diligence may not fully trace.

Potential deliverables

A scope built around usable work products.

Depending on the available records, stakeholders, and agreed level of review, an engagement may include:

Diligence scope and information request tailored to the transaction and decision
Entity, wallet, exchange, custodian, asset, and accounting-system map based on available records
Assessment of source coverage, reconciliations, close practices, and support for material balances and activity
Issue log covering unexplained flows, missing evidence, unsupported classifications, valuation assumptions, and control gaps
Findings summary organized by significance, evidence, open question, and recommended follow-up
Coordination with management, counsel, auditors, tax professionals, administrators, or investment teams as agreed

How we help

A disciplined approach to digital asset complexity.

Financial quality

Assess reporting reliability, close practices, and the support behind key balances.

Asset and flow review

Map material wallets, exchanges, tokens, and transaction patterns relevant to the decision.

Risk communication

Translate findings into clear issues, open questions, and recommended follow-up.

Engagement process

From source records to a documented operating path.

Define the decision and perimeter

Agree on the transaction, entities, periods, materiality, digital asset exposure, reliance limits, stakeholders, and deadline.

Map the evidence

Inventory the available financial statements, ledgers, wallets, exchanges, contracts, policies, reconciliations, and supporting schedules.

Test and investigate

Trace selected balances and flows, assess record quality and controls, and document exceptions without overstating what incomplete evidence can prove.

Communicate findings

Deliver decision-focused observations, open questions, limitations, and recommended next workstreams in the agreed format.

Common questions

Set the scope and limits before diligence begins.

Is this an audit or assurance engagement?

No. Due diligence is scoped to a specific decision and does not provide an audit opinion, assurance, valuation, legal conclusion, or guarantee against fraud.

Can you verify ownership of every wallet and asset?

Ownership and control require more than a public address. We can evaluate agreed evidence and identify gaps, but conclusions depend on the records, representations, access, and verification procedures available within the scope.

Do you work for buyers, investors, or sellers?

The engagement can support an investor, buyer, lender, founder, board, or other authorized party. The client, permitted users, confidentiality rules, independence considerations, and distribution of findings are defined before work begins.

What makes digital asset diligence different?

The work may need to connect public on-chain activity with off-chain ownership, agreements, entities, accounting records, valuation policies, counterparties, and internal controls. A ledger export or block explorer view alone is rarely a complete financial picture.

What should I prepare before a due diligence scoping call?

Outline the transaction or decision, relevant entities, reporting periods, deadline, and known record gaps. Identify whether wallet inventories, financial statements, reconciliations, and supporting agreements are available; do not upload those records to the public consultation form. The close and transfer guides below address records preparation, not a completed diligence review or assurance conclusion.

Engagement outcomes

Clarity you can act on.

Every engagement is scoped around the available facts, required level of review, and the decisions your organization needs to support.

Quality-of-records assessment

Wallet and asset mapping

Accounting risk identification

Decision-focused findings

Begin the conversation

Start with the decision your diligence must support.

Describe the transaction, reporting period, available records, and deadline at a high level. We will use the initial conversation to define a potential scope, not to provide an assurance or investment conclusion.