Bitwave is a digital asset accounting, tax, and payments platform that connects blockchain transactions to corporate general ledgers and ERP systems.
Company background and funding
Bitwave was founded in 2018 by Patrick White and Amy Kalnoki. Headquartered in San Francisco, California, the company employs approximately 55 people across North America, Europe, and Asia. Venture funding totals $22M, including a $15M Series A round.
Core subledger and tax features
The platform acts as an accounting subledger. It categorizes transactions, detects internal transfers, and synchronizes data with ERP software. Tax tools calculate capital gains and losses, support customizable inventory segregation, and apply specific-lot identification or time-based cost basis. Finance teams can track DeFi protocol balances and manage accrued rewards. The software also handles digital asset impairments under GAAP and IFRS standards. For payment processing, Bitwave supports non-custodial crypto invoicing and multi-signature payment approvals for stablecoin accounts payable and receivable.
Supported networks and integrations
Bitwave integrates with blockchains including Bitcoin, Ethereum, Solana, NEAR, Base, Berachain, Canton Network, Hedera, and Monad. It connects to institutional custodians such as Fireblocks, BitGo, Anchorage, and NYDIG, alongside multi-signature setups like Safe. In July 2026, Bitwave introduced Bitwave Agentic, an open-source suite featuring a command-line interface, model context protocol tools, and local accounting modules designed for autonomous financial operations.
Pricing and trade-offs
Bitwave is built for corporations and token projects rather than retail tax filers. The software offers no self-serve free plan. Enterprise teams must schedule a product demonstration and receive custom pricing quotes based on transaction volume and ERP complexity.