Cryptocurrency accounting firm Harris and Trotter Digital Assets completes $10 million strategic financing, led by Orbs
ChainCatcher news, the London-based cryptocurrency accounting firm Harris and Trotter Digital Assets, which serves clients globally, announced the completion of a $10 million strategic financing to address the accounting challenges faced by all Web3 projects. This round of financing was led by Orbs, with participation from Kingsway Capital, RE7 Capital, and other notable individuals from the Web3 community. The financing was conducted at an equity pricing, valuing Harris and Trotter Digital Assets at $85 million.The executive team at Harris and Trotter Digital Assets has previously worked at major accounting firms such as PwC, KPMG, Deloitte, EY, and BDO, with a total team size of over 45 people. CEO Nicholas Newman stated that digital assets are a rapidly evolving technological field, and their demand can only be met by professional service firms with similar technical capabilities. This strategic investment aligns the company with the largest drivers and leaders in the industry, further enhancing its technical strength as it rolls out an increasing number of SAAS products and services.This round of investment will further accelerate the rapid growth of Harris and Trotter Digital Assets, continuing to expand on its existing base of approximately 500 crypto-native clients. Ran Hammer, Vice President of Business Development at Orbs, stated that Harris and Trotter Digital Assets combines expertise with blockchain technology, and the team now aims to operate at the forefront of fintech, providing tools such as proof of reserves.