📰 We're thrilled to announce a strategic collaboration with @BitwavePlatform! 🌟🌊

Supported by the Polymesh Ecosystem Development Fund, Bitwave is developing a native integration with Polymesh that will further elevate financial compliance, reporting, and operational efficiencies for projects on the Polymesh network.

This integration empowers financial institutions with streamlined financial workflows, enabling them to uplift their accounting and financial operations through essential enterprise-grade solutions for regulated assets.

These new efficiencies in financial compliance and reporting will help businesses in regulated ecosystems––such as those involved in the tokenization of #RWA––to automate and optimize their accounting processes while meeting the highest standards of financial reporting, such as the US GAAP and IFRS.

Specifically, this integration will bring granular cost-basis tracking, pricing analysis, and automated transaction categorization to Polymesh, enabling projects on the public permissioned network to leverage best-in-class tools for financial compliance.

Read more about the benefits of this integration for the Polymesh ecosystem in our blog post!

https://t.co/DRBWpaEWbs

#CryptoNews #BlockchainNews #Tokenization