Multis
@multisHQ
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Financial software designed for crypto businesses & DAO's. Backed by @Sequoia, built on @Safe.
Joined October 2018
Portability is the killer feature of EOAs. Multi-chain is a challenge for smart accounts. Stoked that @Safe & @MultisHQ are teaming up to create a seamless multi-network experience💪 🟢{ 🔵 🟡 🔴 🟣 ⚪️ 🟠 🟤 ⚫️ } https://t.co/UcUtLOTHTR
🚨 Announcement Incoming! The { @MultisHQ } team is joining Safe, following our strategic acquisition 🤝 The stellar team will focus on building cross-chain account abstraction with the end goal of expanding Safe's reach to 100s, if not 1000s - of networks in the future. 🟢{ 🟡
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🔴 Breaking: @safe Acquires @multisHQ 🇫🇷 "In the rapidly evolving world of blockchain, acquiring Multis allows us to offer customers seamless transitions between chains," states @rimeissner
@TheBigWhale_ 👇
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🔴 @safe's bold step: acquiring @multisHQ amidst market recovery "The demand for our services, especially for layer 2 solutions, continues to grow," explains @rimeissner More details with @Raph_Bloch 👇
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Sequoia-backed crypto treasury management platform Multis acquired by Safe
theblock.co
Crypto wallet infra provider Safe has acquired Multis' IP and team, with its former CEO set to become a core contributor in the Safe ecosystem.
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💫Looking ahead, we're thrilled about the possibilities with Safe and eager to take our mission to the next level. Stay tuned for what comes next. Wagmi!
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🙌 Huge thanks to everyone who’s been part of our journey: our customers, for testing and feedback; our investors, for your trust and support; the founders and mentors we've met along the way; and of course our incredible team at Multis.
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🤝 We’ve been aligned with Safe since the beginning, building with their smart contracts early on. This acquisition amplifies our efforts and will help us go further. So humbled to join such an inspiring team!
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💎We'll keep simplifying the Web3 user experience, making it easier to manage assets across multiple blockchain networks. Our focus? Safe’s scalability beyond Ethereum, user adoption, and greater decentralization. Go Network Abstraction!
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🔮Since 2019, our mission at Multis has been clear: empower people to manage their money independently of traditional financial systems. Safe has been a pioneer in this area, securing over $100B in assets
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8/ Our partner @flarexyz_ makes crypto accounting a breeze: • End-to-end bookkeeping for both crypto & fiat. • In-house team trained in the latest FASB & IFRS guidelines. • Real-time account manager for all your accounting queries.
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7/ And guess what? We're bringing even more functionalities: Direct integration with tools like @QuickBooks or @Xero. Enhanced organization of your financial data. Track all business costs with dedicated CoAs.
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5/ Tips for a robust CoA: • Maintain consistency for easy comparison. • Regularly update as your financial activities evolve. • Use clear and descriptive account names. • Don’t over-complicate with excessive sub-accounts.
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4/ Different sectors have their unique CoA structures. A software company's CoA will look different from that of a manufacturing enterprise. Local accounting standards and tax norms also play a role in shaping the CoA.
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3/ The significance of a well-structured CoA: • Offers transparency for stakeholders to understand financial health. • Aids in precise data analysis and forecasting. • Ensures compliance with accounting standards and local regulations.
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2/ The main types of accounts in the CoA include: • Asset Accounts (both tangible and intangible) • Liability Accounts (debts, mortgages, etc.) • Equity Accounts (ownership details) • Revenue Accounts (income sources) • Expense Accounts (operational expenses)
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1/ CoA is the backbone of your organization’s financial framework. It's like a bookshelf where each shelf (account) organizes your financial transactions, making data retrieval and analysis a breeze.
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