---
title: About Bitwave
description: Bitwave is a SaaS firm that helps all companies that interact with digital simplify their accounting and taxes. 
image: https://www.ar.ca/hubfs/Green%20and%20Purple%20Dynamic%20Frames%20Action%20%20Adventure%20YouTube%20Channel%20Art%20(350%20x%20175%20px).png
---

[![Arca](https://www.ar.ca/hs-fs/hubfs/arca_square_576x576.png?width=70&height=50&name=arca_square_576x576.png "Arca")](https://www.ar.ca/)

[![Get in Touch](https://no-cache.hubspot.com/cta/default/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3.png)](https://cta-redirect.hubspot.com/cta/redirect/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3)

**

** **

[![Arca](https://www.ar.ca/hs-fs/hubfs/arca_square_576x576.png?width=60&height=30&name=arca_square_576x576.png "Arca")](https://www.ar.ca/)

[![Get in Touch](https://no-cache.hubspot.com/cta/default/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3.png)](https://cta-redirect.hubspot.com/cta/redirect/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3)

**

** **

Search

**Menu**

** **

[![Data Room](https://no-cache.hubspot.com/cta/default/4536350/72e2934a-0f70-4634-897e-b99fd4807a9b.png)](https://cta-redirect.hubspot.com/cta/redirect/4536350/72e2934a-0f70-4634-897e-b99fd4807a9b)

[![Get in Touch](https://no-cache.hubspot.com/cta/default/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3.png)](https://cta-redirect.hubspot.com/cta/redirect/4536350/28ac2c2f-186c-436f-9682-1169cf946ad3)

[**Portfolio Companies](https://www.ar.ca/portfolio-companies)

# About Bitwave

[**![Bitwave Logo (1)](https://www.ar.ca/hs-fs/hubfs/Bitwave%20Logo%20(1).png?width=200&name=Bitwave%20Logo%20(1).png)**](https://www.bitwave.io/)

 

**Description:**

Bitwave is a SaaS firm that helps all companies that interact with digital simplify their accounting and taxes. Bitwave is the first digital asset finance platform designed specifically to manage the intersection of cryptocurrency tax, accounting, and compliance for enterprise adoption.

 

**Differentiator:**

Bitwave combines tax and accounting capabilities with workflow and process expertise, allowing enterprises to survive and thrive in the DeFi market. Bitwave solutions report accurate P&L statements by properly reflecting staking by treating transactions as capital transfers into liquidity pools, rather than as cash disposits combined with an acquisition of tokens.

 

**Opportunity:**

Institutions that want digital assets on their balance sheet need a means to accurately account for their holdings in order to have end of year audited financial statements for their stakeholders. Bitwave has created easy-to-use solutions that provide corporation decision makers with the opportunity for digital asset allocation. The company streamlines back-office operations with out-of-the-box features that integrate into existing accounting solutions.  

 

**Customers:**

Bitwave’s customers include, miners, such as Greenidge Power and Core Scientific, DeFi market makers, such as Opyn, and NFT issuers, such as Stoner Cats.

 

**Team:**

CEO Pat White is an experienced software leader and repeat founder who sold his startup Synata to Cisco in 2016. COO Amy Kalnoki is an experienced sales leader from technology firms including Cisco.

 

Learn more on this [**Base Layer episode**](https://podcasts.apple.com/us/podcast/base-layer-episode-222-pat-white-and-amy-kalnoki-from/id1445373535?i=1000537644073), Pat White and Amy Kalnoki from Bitwave: Helping to Understand Tax in DeFi.

**Press: **

[Bitwave Secures $7.25M In Seed Funding to Bring Digital Assets, Cryptocurrency, and Decentralized Finance to Enterprises](https://www.prweb.com/releases/bitwave_secures_7_25m_in_seed_funding_to_bring_digital_assets_cryptocurrency_and_decentralized_finance_to_enterprises/prweb18128244.htm)

[Bitwave’s Pat White Has Recipe for DeFi Success](https://www.banklesstimes.com/2021/05/26/bitwaves-pat-white-has-recipe-for-defi-success/)

[US Crypto Companies, Venture Investors Voice Concern Over Infrastructure Bill](https://news.crunchbase.com/news/crypto-regulation-infrastructure-bill-vc-investment/)

 

Topics:[DeFi Growth](https://www.ar.ca/portfolio-companies/topic/defi-growth)[Infrastructure](https://www.ar.ca/portfolio-companies/topic/infrastructure)

### Arca

Los Angeles I New York  
(424) 400-7444  
info@ar.ca

[![LinkedIn](https://www.ar.ca/hubfs/LinkedIn.png "LinkedIn")](https://www.linkedin.com/company/arcafinance/mycompany/)

[![Twitter](https://www.ar.ca/hubfs/Twitter.png "Twitter")](https://twitter.com/arca)

[![Youtube](https://www.ar.ca/hubfs/Youtube.png "Youtube")](https://www.youtube.com/c/Arcafinance)

### Contact Us

Copyright © 2025 Arca Holdings. All Rights Reserved.  |  [Important Disclosures](https://www.ar.ca/important-disclosures)

```json
{
  "@context" : "https://schema.org",
  "@type" : "SiteNavigationElement",
  "Name" : [ "HOME", "Hedge-Funds", "Bitcoin-Fund", "Blog", "About", "Team", "Careers", "Data Room", "Get in Touch" ],
  "Url" : [ "https://www.ar.ca/", "https://www.ar.ca/arca-hedge-funds", "https://www.ar.ca/ai-bitcoin-fund", "https://www.ar.ca/blog", "https://www.ar.ca/about", "https://www.ar.ca/arca-team", "https://www.ar.ca/careers", "https://arcafunds.hvstprivate.com/", "https://www.ar.ca/contact?hsCtaTracking=28ac2c2f-186c-436f-9682-1169cf946ad3%7C63e370f0-aacd-4463-8bce-3616a7b4b7f3" ]
}
```

```json
{
  "@context" : "https://schema.org/",
  "@type" : "WebSite",
  "name" : "Ar",
  "potentialAction" : {
    "@type" : "SearchAction",
    "query-input" : "required name=search_term_string",
    "target" : "https://www.ar.ca/search?q={search_term_string}"
  },
  "url" : "https://www.ar.ca/"
}
```

```json
{
  "@context" : "https://schema.org/",
  "@type" : "WebPage",
  "name" : "Ar",
  "speakable" : {
    "@type" : "SpeakableSpecification",
    "xpath" : [ "/html/head/title", "/html/head/meta[@name='description']/@content" ]
  },
  "url" : "https://www.ar.ca/"
}
```

```json
{
  "@context" : "https://schema.org",
  "@type" : "Organization",
  "alternateName" : "Ar",
  "logo" : "https://www.ar.ca/Logo.png",
  "name" : "Ar",
  "url" : "https://www.ar.ca/"
}
```

```json
{
  "@context" : "https://schema.org",
  "@id" : "",
  "@type" : "LocalBusiness",
  "address" : {
    "@type" : "PostalAddress",
    "addressCountry" : "US",
    "addressLocality" : "New York",
    "addressRegion" : "CA",
    "postalCode" : "90066",
    "streetAddress" : "Los Angeles"
  },
  "geo" : {
    "@type" : "GeoCoordinates",
    "latitude" : 33.9697897,
    "longitude" : -118.2468148
  },
  "image" : "https://www.ar.ca/hs-fs/hubfs/email-sig-logowhite.png?width=102&name=email-sig-logowhite.png",
  "name" : "Arca",
  "openingHoursSpecification" : {
    "@type" : "OpeningHoursSpecification",
    "closes" : "23:59",
    "dayOfWeek" : [ "Monday", "Tuesday", "Wednesday", "Thursday", "Friday", "Saturday", "Sunday" ],
    "opens" : "00:00"
  },
  "priceRange" : "$",
  "sameAs" : [ "https://twitter.com/arca", "https://www.linkedin.com/company/arcafinance" ],
  "telephone" : "(424) 400 7444",
  "url" : "https://www.ar.ca/"
}
```

```json
{
  "@context" : "http://schema.org",
  "@type" : "VideoObject",
  "description" : "Rebecca Rettig, General Counsel of Aave Marc Boiron, General Counsel of dYdX Colleen Sullivan, Co-founder and CEO of CMT Digital  Marvin Ammori, CLO at Uniswap Phil Liu, Co-founder and CLO of Arca",
  "duration" : "PT50M59S",
  "embedUrl" : "https://www.youtube.com/embed/hTc-kWa9hM8",
  "interactionCount" : "121",
  "name" : "Regulation: Clarity on the Horizon",
  "thumbnailUrl" : "https://i.ytimg.com/vi/hTc-kWa9hM8/default.jpg",
  "uploadDate" : "2021-05-26T13:29:46Z"
}
```

```json
{
  "@context" : "http://schema.org",
  "@type" : "VideoObject",
  "description" : "Andrew Peel, Head of Digital Asset Markets at Morgan Stanley  Jennifer Murphy, COO of Western Asset Management Tom Jessop, President of Fidelity Digital Assets Tim Davis, Principal of Deloitte  Subhanker Sinha, Head of Blockchain, Digital at BNY Mellon",
  "duration" : "PT47M54S",
  "embedUrl" : "https://www.youtube.com/embed/Wx1LEII47iM",
  "interactionCount" : "242",
  "name" : "The Current Institutional Adoption Wave",
  "thumbnailUrl" : "https://i.ytimg.com/vi/Wx1LEII47iM/default.jpg",
  "uploadDate" : "2021-05-26T15:15:41Z"
}
```

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Organization",
    "name" : "Ar"
  },
  "dateModified" : "2021-07-12",
  "datePublished" : "2021-06-28",
  "description" : "Blockchain commentary and analysis written for sophisticated investors - by professional investors",
  "headline" : "We Should Appreciate Bitcoin More, but it’s Not Defensive",
  "image" : "https://f.hubspotusercontent00.net/hub/4536350/hubfs/Thats%20Our%20Two%20Sathoshis%20%2812%29-2.png?width=380&name=Thats%20Our%20Two%20Sathoshis%20%2812%29-2.png",
  "mainEntityOfPage" : {
    "@id" : "https://www.ar.ca/blog",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://www.ar.ca/hs-fs/hubfs/email-sig-logowhite.png?width=102&name=email-sig-logowhite.png"
    },
    "name" : "Market Recap"
  }
}
```