Decentralized Ledger Technology and enterprise blockchain services

Read our KPMG DLT Report 2023 including a polling regarding the DLT adoption in the Swiss and Liechtenstein banking sector indicating growing relevance of this topic, insights of DLT use cases in banking and clarity on recent DLT regulatory developments as well as a glimpse from a Swiss tax perspective. Get your first hand insights by downloading it right now!

The financial landscape is evolving, with the establishment of new investment products that cater to the growing interest in digital assets. Institutional investors are increasingly recognizing the potential of cryptocurrencies and blockchain technology, leading to strategic allocations in this emerging asset class.

As digital assets gain traction, it is essential to be aware of the challenges and risks associated with this evolving market. Market volatility, regulatory considerations, and technological complexities require careful navigation and informed decision-making. Our experienced team understands these nuances and is equipped to guide you through the intricacies of digital asset investment. With in-depth market knowledge and a focus on risk management, we can help you make informed choices while maximizing the potential of digital assets and blockchain technology.

We provide a range of specialized services tailored to the dynamic world of blockchain technology. As pioneers in the industry, we are committed to guiding your organization through the intricacies of blockchain adoption, enabling you to unlock its transformative potential. Our comprehensive service offerings cover a wide spectrum of areas, including strategic advisory, ESG support, treasury management, tax, accounting and legal advisory, audit services and cybersecurity. With our deep industry knowledge and expertise, we are poised to empower your organization with the tools and insights necessary to navigate the blockchain landscape successfully and drive unprecedented growth in this era of decentralized technologies.

• Assessment of cyber resilience and digital risks, controls and vulnerabilities
• Design and implementation of cyber resilience and digital risk control frameworks
• Technical security testing of blockchain applications and infrastructure
• Oversight of key signing procedures
• Custody services for recovery key components

• Blockchain/DLT applications and infrastructure that is resilient against cyber and digital risks
• Mitigation of risks of loss, theft or misuse of digital assets
• Compliance with regulatory requirements

• Managing complex legal considerations with a company’s legal team and/or regulators
• Navigating the developing legal and regulatory landscape to ensure compliance

• Legal certainty enables business opportunities and improves access to highly regulated institutions & institutional clients, capital markets and prospective investors
• Early identification of legal obstacles saves costs
• A solid legal framework ensures compliance and brings a competitive advantage

• Selection and onboarding of digital wallet and payment providers for the purposes of enabling digital currency payments and collection
• Advisory for blockchain operated transaction infrastructure (i.e. order-to-cash, procure-to-pay) 

• Transparent and educated selection of best-in-market providers for digital assets
• Best-practice and compliant application of blockchain in intercompany and 3rd party disbursement

• Financial accounting support considering unique characteristics of cryptocurrencies and blockchain transactions
• Performance measurement & assurance
• Creating accounting memos and transaction based documentation
• Assistance with accurate financial reporting, including balance sheets, income statements, and cash flow statements that account for cryptocurrency holdings

• Compliance with national and international reporting standards. Solid and consistent reporting framework
• Accounting support investments, staking rewards, NFTs under various local an international accounting principles
• Performance assurance reports providing certainty for prospective investors
• Improved access to capital markets

• Tax efficient structuring of transactions and business activities (e.g. ICO’s, crypto custody solutions, immigration step-up, data centers)
• Qualification of tokens for Swiss tax purposes (Swiss withholding tax, Swiss VAT, Swiss stamp transfer tax, Swiss income taxes)
• Qualification of intermediaries as securities dealers for Swiss stamp transfer tax purposes
• Digital assets / transactions tax reporting & account statements
• Tax treatment of investments in crypto assets by individuals

• Let us manage your taxes, so you can focus on growing your business
• Legal certainty and compliance with tax requirements
• Cost reduction and efficiency gains through automation of tax calculation and reporting

• Support during the licensing process, with the SRO registrations and/or in the interaction with regulators
• Support legal and regulatory compliance through out the full company life cycle
• Set-up of products (e.g. funds, certificates, exchange traded products, etc.)

• Ensuring legal compliance and streamlining the licensing process
• Have a trusted partner supporting you in establishing an excellent relationship with the regulator
• Avoidance of penalties and legal consequences

• Assessment of business strategy and planning, as well was target operating model, including process design and implementation
• Impact analysis and benchmarking of process design and outsourcing decisions
• Market studies, assessment of service- and product design, and scenario planning
• Support in technical implementation

• Enhanced operational efficiency
• Competitive Advantage in the market
• Mitigating risks associated with business strategy and operating model decisions
• Strategic alignment leads to an overall better performance

• Financial, regulatory or license application audit
• Acting as the dedicated internal audit function
• Readiness assessments for new products, start-ups and ICO/IPO/SPAC
• Independent review of the DLT setup at your company

• Early identification of gaps and weaknesses amplifying a smooth launch process
• Mitigation of risks and costly delays within the approval process
• Comply with audit requirements

• ESG assessments and support regarding the firm’s ESG strategy
• Implementation of sustainable technical solutions

• ESG compliance as requirement for business partners, enhancing reputation and stakeholder trust, risk management as well as access to capital
• Cost savings through implementation of sustainable and efficient technologies

• Deal structuring, mergers and acquisitions & due diligence services

• Mitigation of legal, due diligence & reputational risks
• Profit from expertise and specialized knowledge to ensure a smooth and efficient transaction process
• Financial and business risk mitigation

• We review and evaluate end-to-end processes, assessing risks and identifying relevant controls
• We audit your controls following a risk-based approach in an efficient manner
• We prepare the report in a way that is aligned with the relevant standards but also easy to understand

• Provide the required assurance to your clients
• Better manage risks of outsourced services
• Report (e.g. SOC 2/ISAE3000) containing an audit opinion, details of services provided, as well as results of testing