Digital Assets

Digital assets are rapidly evolving. It is vital to have a fund administrator who not only understands them but can efficiently and accurately account for these assets. Powered by our proprietary software, Seamless Digital, our team of digital assets specialists provide you with an industry leading NAV turnaround coupled with the highest level of client service. Use CommonSubDoc, our cutting-edge, web-based e-signature onboarding platform, to manage your relationships and capital activity. Why Formidium? Because cutting-edge technology and high-touch client service is at the core of everything we do.

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Digital Assets Funds

Fund Services

The Formidium Fund Services team of industry veterans has spent many years building and testing a more efficient method of fund administration using progressive, user-friendly, and secure technology. As a result, Formidium provides its clients with an industry leading NAV turnaround and customized reporting solutions, all at competitive prices.

Fund Administration

Assistance with fund set-up; documents review; regulatory filings; treasury services

Fund Accounting

Reconciliation of trades; full portfolio, fund, & investor accounting; NAV calculations; automated waterfall, management & performance fees

Investor Services

Process investor activity with e-subscription technology; AML checks; customized investor reporting & communications portal

Dynamic Technology

In-house development team can create white label web portals for clients and their investors

Treasury Services

Open & maintain bank accounts; process investor cash movements; pay invoices; manage collateral & margin movements

Audit Support

Financial statement preparation & distribution; serve as main contact for auditors & audit queries

Proprietary Technology

Seamless Digital is the world's most advanced digital assets fund administration platform. Seamless automates the intricacies of digital asset accounting with the ability to pull and cleanse large volumes of complex data from the blockchain pivotal to DeFi transactions.

CommonSubDocTM is a web-based investor onboarding platform designed to help manage your investor relationships and simplify the investment process. CSD solves the challenges of managing investor activity through its comprehensive online platform.

How Seamless Digital Can Help

We solve your back-office challenges with a complete web-based general ledger investment accounting system.

We Solve Your Investment Backoffice


Progressive Technology

Web technology with robust I/O


Domain Expertise

Over 2 million hours spent on
research & development

SOC1/SOC2/SOC3 Audits

Mass Adopted

Successful use cases with 500 active
funds in digital assets


Scalable Solution

Scalable technology solution handles
large volume of data


Easy Integration

Flexible integration with
external sources/systems

Transfer Agent

Global Support

Dedicated IT help &
support from product team


Client Servicing

Committed client service team
in multiple time zones

SOC1/SOC2/SOC3 Audits


Comprehensive cyber security controls
& SOC 1, 2, & 3 audited

Competitive Pricing


Interactive GUI & white labeled

Service Description

Fund Accounting
  • Daily independent valuation and NAV calculations
  • Calculate and track of complex performance, management and other fees
  • Daily maintenance of general ledger
  • Easy historical accounting uploads
  • Detailed reporting to support all general ledger line items
  • Coin and digital asset valuation in accordance with fund requirements
  • Wallet tagging and defi asset tracking
Digital Assets and Crypto Fund Administration
  • Assist with setup and fund launch
  • Data and analytics to drive performance
  • Experts who understand your business
  • Experience with high frequency, indexing, arbitrage and other digital and crypto trading strategies
  • Knowledgeable with cold/hardware wallets, OTS transactions, ICOs, forks, SAFTs and SAFEs
  • Robust NAV reporting package
  • Full transaction ledger of trading and non-trading activity
  • Common reporting standard compliance
  • API integration and data feeds with over 160 top crypto exchanges
  • Support gain/loss calculations, in-kind transfers and staking and mining rewards for all cryptocurrencies
  • Adherence to Foreign Account Tax Compliance Act
  • Calculation of fund and investor rates of return
  • Detailed exposure, risk, performance and other portfolio reporting and data feeds
  • User-friendly secure web portal for reporting and data feeds
Treasury Services
  • Setup and maintenance of funds bank accounts for capital activity, operations
  • Transfer balances between funds bank and custodian/trading accounts
  • Expense budgeting, accruals and invoice payments
  • Centralized cash payments team
  • Maintain security controls and authorization levels for each counterparty or service provider
  • Facilitate securities finance transactions
  • Optimize the use of margin and collateral balances
  • Manage excess cash balances and sweep vehicles
Investor Services
  • Support any frequency, including daily subscription, redemption, and transfer dealing
  • Initial and ongoing investor AML/CFT screening aligned with the regulations of the fund’s jurisdiction
  • Maintenance of investor documents
  • Investor statement preparation and distribution
  • Serve as main point of contact for investor queries and requests
  • Customized investor reporting
  • Distribution of fund and manager documentation to investors
  • User-friendly secure investor web portal
Audit Support
  • Financial statement draft preparation in accordance with GAAP or IFRS
  • Audit timeline determination with clients and auditors
  • Liaise and act as main point of contact for auditors
  • Preparation of cost roll forwards and other supporting reports
  • Generate footnotes and related tables
  • Address auditor comments and escalate to client as necessary
  • Distribute final financial statement to investors, exchanges, regulators, and other parties
  • Preparation of year-end and semi-annual financials in accordance with US GAAP or IFRS
  • Respond to audit queries and adjust financials as needed
Technology Portals
  • Dynamic, user-friendly and intuitive web portals for clients and their investors
  • Securely share fund documentation and client reports with investors
  • Option to white label with client branding
  • In-house development team customizes to meet client needs
  • Built with multiple AWS disaster recovery sites