Bitcoin.com is a technology and media company specializing in SaaS business intelligence tools, digital content delivery, and merchant marketing solutions.
As Bitcoin.com’s digital asset operations expanded across multiple wallets and protocols, the finance team needed a scalable solution to manage on-chain activity, maintain accurate reporting, and support timely treasury decisions.
The Challenge:
Before TRES, Bitcoin.com’s finance team was drowning in manual processes. They downloaded CSV files from blockchains, manually processed each entry, and reconciled accounts monthly.
“It would take us days trying to reconcile and post the transactions, which was very time consuming and didn’t add value to business decisions,” said Vanessa Ong, Finance Manager at Bitcoin.com.
The manual approach created critical problems. The team struggled to identify certain transactions, leading to misclassifications that required later corrections. Staking was particularly problematic: without wallet access to view rewards, they were posted as unrealized gains/losses instead of revenue, materially understating financial performance. Each month-end close consumed days searching through customer addresses to reconcile unknown receipts.
The Solution
Bitcoin.com implemented TRES as their crypto accounting subledger, automating transaction tracking, categorization, and reconciliation across all wallets and protocols.
TRES became integral to daily operations – monitoring receipts, tracking treasury balances, automatically categorizing on-chain activity, capturing staking rewards accurately, and revaluing holdings across multiple tokens and wallets.
The Impact
TRES transformed Bitcoin.com’s crypto accounting operations:
- Eliminated 4+ working days per month of manual reconciliation work – time that continues to grow as wallet count and transaction volume increase
- Accurate revenue recognition for staking rewards, providing a true picture of financial performance
- Improved accuracy and completeness through automated spam detection and transaction categorization
- Real-time treasury visibility across all wallets, enabling faster, better-informed business decisions
- Strategic capacity freed for revenue analysis, budgeting, and cost management
“TRES has allowed me to use my time on more productive tasks,” said Vanessa Ong.
Looking Ahead
As Bitcoin.com expands digital asset operations across more protocols and wallets, TRES has become essential to daily finance operations.
“TRES has definitely improved the accuracy and completeness of our reporting,” said Vanessa Ong. “TRES listens to what customers need and they deliver.”
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