LONDON, UK / ACCESSWIRE / September 28, 2023 / Appold, a leading independent blockchain advisory firm, and KYAX, a leader in Digital Asset Reporting & Transaction Reconciliation, are excited to announce a Strategic Partnership focused on supporting Governance and Trust across the Digital Asset and Blockchain space, through institutional grade reporting. As part of this alliance, Appold has invested in KYAX, signifying a commitment to fostering innovation and broadening market horizons.

As a result of the partnership, institutional clients will be able to leverage the combined Strategic, Technical and Operational expertise of the two firms and offer the continued development of bespoke Institutional-grade client solutions centred around Digital Asset management and KYAX's market-leading Reporting tool. Both firms are fully committed to maturing web3.0 infrastructure and making the ecosystem more appealing to Institutional actors through compliant, scalable and reliable systems, processes and governance.

Rob Gaskell, Founder & Partner at Appold, remarked, "This collaboration is a landmark moment for both Appold and KYAX. As the regulatory landscape becomes more defined, it's imperative for businesses and Digital Asset holders to gear up for elevated reporting standards and rigorous policies. Our partnership with KYAX empowers organisations to adhere to these high standards, refining their processes and showcasing their commitment to professionalism in anticipation of upcoming regulatory mandates. Embracing these standards early on signifies a dedication to clients, stakeholders, regulatory authorities and the broader market."

Matthew de la Fuente, CEO at KYAX, added, "Joining forces with Appold enables us to broaden our market footprint and harness synergistic resources, technologies, and expertise. The opportunity to partner with such an institutional-focused team dedicated to bringing best, appropriate, practices to the industry was incredibly exciting, and bringing Appold's expertise together with our clients will accelerate the maturation of their Data, Finance, Compliance & Operational stack, through institutional-grade Digital Asset reporting."

About Appold
Appold is headquartered in London, an independent advisor in the blockchain domain. The firm offers a comprehensive suite of advisory services spanning blockchain, tokenisation, and decentralised finance. Their offerings encompass digital transformation, market technology integration, operational due diligence, asset tracking, and more. With a deep-rooted connection in the blockchain community, Appold is adept at sourcing pivotal opportunities and fostering strategic partnerships, ensuring clients navigate the blockchain landscape with confidence and clarity.

About KYAX
KYAX is a venture-backed, web3 native Business, Audit & Regulatory crypto asset reporting engine that helps data-constrained Digital Asset companies get the right data, into the right hands, with the right reports. KYAX's products are built to SOC and ISO institutional grade standards, aggregating Google Sheets, Custom Back Office, Blockchains, CeFi & DeFi transactional data, providing reliable & timely reporting for the most compliance-aware Crypto Native Transactors, including Asset Managers, Exchanges, Trading Desks, Stablecoins, Prime Brokers, Custodians, Accountants, Regulators & Audit firms.

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SOURCE: Appold