NODE40

What is it ?

NODE40 Bedrock is a digital asset tax and accounting engine for institutions. It keeps one governed record for tax, GAAP, reconciliation, and audit support. It's built for treasury teams, public companies, accounting firms, and advisors who need to defend every number, not just produce it.

What problem does it solve?

Getting to a digital asset number is no longer enough. Since ASU 2023-08, companies carry digital assets at fair value, the IRS now requires wallet-by-wallet basis tracking, and auditors test the controls behind the totals.

When an auditor asks which lots were sold, under which policy, who approved it, or how a covered call was covered, a spreadsheet can't answer. Most tools also apply a default lot method with no visible reasoning. They spread the story across dashboards, spreadsheets, and email.

Bedrock keeps the decisions, calculations, and evidence in one record that can explain itself.

Feature Highlights

• Tax and GAAP from one record: Two outputs from the same governed activity, so your tax and accounting teams stop reconciling two versions.
• Lot policy you control: FIFO, LIFO, HIFO, standing orders, and specific identification. You can preview results before you commit, and the rule behind every allocation is shown.
• Full lot lineage: Every sale traces back to its original purchase through every transfer, with basis and holding period intact.
• Written options with proof of cover: Covered calls and cash-secured puts with tracked lot encumbrances.
• Transfer matching with confidence scores: Matches are backed by visible evidence, such as the transaction hash, address, and timing.
• Controls your auditor can test: Maker-checker approvals, reason capture on edits, an append-only audit log, and a real period close. Built for SOC 1 Type 2.
• Broad coverage: Exchanges, custodians, on-chain wallets, DeFi, staking, OTC, and NFTs.
• Self-service reports: Gain/loss, reconciliation, staking, and GAAP reports, with Excel and CSV exports.

How it works

Bedrock pulls in activity from exchange and custodian APIs, on-chain wallets, and file imports.

It matches transfers between your own wallets, prices each asset, and gives every lot a permanent identity.

Your lot rules and treatment decisions run on top of that record. Anything that needs human judgment, like a shortfall or an unmatched outflow, goes to a review queue.

Once a period is closed, it's protected. Every change is attributed and logged, and identical inputs always produce identical outputs. Tax, GAAP, and reconciliation reports all come from that same record.