Gravita & Appold Partnership

Why Choose the Gravita and Appold partnership?

Together, the partnership offers an unmatched fusion of blockchain specialisation and audit rigour within the industry. Our team of blockchain, financial, and technology experts stays abreast of the latest developments in the digital assets industry, ensuring that our clients benefit from the most current and effective advice and solutions available.

The benefits include:

Enhanced Security and Trust:

- Our partnership ensures blockchain-based activities are audited with the highest security and transparency standards. By combining our strengths, we provide an extra layer of assurance and experience that standalone audit firms may lack.
- Clients benefit from a meticulous approach that identifies potential vulnerabilities, mitigates risks, and enhances the overall trustworthiness of their infrastructure and controls.

Comprehensive Audit Solutions:

- The partnership delivers end-to-end audit services, encapsulating pre- and post-audit recommendations tailored specifically for blockchain applications and the industry.
- Our integrated approach ensures that all aspects are scrutinised to provide a holistic view of financial solvency.

Tax and Risk Management:

- Navigating digital asset regulations is complex. Our partnership provides expert guidance and risk management to ensure compliance with local and international financial laws, helping clients avoid penalties and remain compliant.
- Multi-jurisdictional tax regimes often struggle with blockchain-based activities, leading to double taxation. Our tax team collaborates with DFK International to help clients manage their global tax obligations effectively.

About Appold

Appold is an independent blockchain technology and advisory company. Appold is an advisor to the full spectrum of companies utilising digital assets, from major institutions to Web3 Foundations, in all areas of blockchain technology-related activity. This includes tokenisation, decentralised finance, custody, governance and treasury management operations.

About Gravita

Gravita, a top 30 full-service accountancy firm, supports all digital currency audit, accounting and tax needs. Gravita brings extensive experience in traditional financial audits, particularly in financial services. Our DFK International membership ensures global coverage, supporting clients wherever they operate.

Success stories: A proven partnership

Audit: Our recent successful audit of a leading global digital asset exchange demonstrates the power of our collaboration. By leveraging Appold’s technical expertise and Gravita’s audit proficiency and resources, we are on track to complete and sign off a complete audit within the parameters set by the client.

Valuation: A client heavily involved in Web3 with a leading blockchain solution sought to reorganise their structure by transferring a significant value of digital assets out of the UK to a group entity. This could have triggered major tax charges. Gravita and Appold developed a valuation methodology within HMRC‘s legislation and guidelines, negotiating a substantial discount against the trading value of the digital asset. This reduced the UK tax liability, enabling the transaction to go ahead. The outcome has future-proofed the business to be more tax-efficient as a structure.