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The IPO readiness gaps digital asset firms should focus on

Why fast-moving crypto and fintech firms should look beyond the blockchain if you are considering a public offering.

The blockchain may be transparent, but the path to a public offering can be anything but. For private companies operating in the digital asset space, preparing for an IPO involves much more than demonstrating technological prowess. Lean financial teams, informal processes, and the unique nature of cryptocurrencies and tokens can create complex accounting and regulatory challenges.

In our latest article with CFO Dive, KPMG Partner Robert Sledge reveals why the real complexities of a digital asset IPO aren’t found on the blockchain—they are hidden in your contracts, internal controls, and financial narratives.

Read the full article to discover:

  • How a company's functional role in trading and staking could trigger massive disclosure implications under GAAP.

  • The control gaps fast-growing firms can miss—from private key custody frameworks to general ledger oversight.

  • Why regulatory examiners could flag disconnects between the financial statement and risk disclosures.

  • What firms should consider beyond technology.

Audit Insight

Don't let overlooked accounting nuances or control deficiencies cause costly, time-consuming setbacks on the road to going public.

Contributors:

Image of Robert B. Sledge
Robert B. Sledge
Partner, Audit, Financial Services, KPMG US

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