Jersey City, 7302, NJ,
United States
BlockFi Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by BlockFi and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 810 BlockFi employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that BlockFi has purchased the following applications: TaxBit Corporate Accounting Suite for ERP Financial in 2021, Zoom for Audio Video and Web Conferencing in 2020, DocuSign eSignature for Digital Signing in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems BlockFi is running and its propensity to invest more and deepen its relationship with TaxBit , Zoom Video Communications , Google or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing BlockFi revenues, which have grown to $600.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for BlockFi intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| TaxBit | Legacy | TaxBit Corporate Accounting Suite | ERP Financial | ERP Financial Management | n/a | 2021 | 2021 |
In 2021, BlockFi implemented the TaxBit Corporate Accounting Suite as an ERP Financial subledger solution to automate accounting and financial reporting for digital asset activity. BlockFi reported that its team is leveraging TaxBit to streamline the reporting and accounting of millions of transactions, positioning the TaxBit Corporate Accounting Suite as a core tool for its accounting and tax reporting workflow.
The TaxBit Corporate Accounting Suite is built as a four part offering that automates transaction ingestion, data normalization, and record keeping. It uses US GAAP and IRS grade calculation engines to compute cost basis, gains and losses, balance sheet positions, revenue recognition, impairment accounting, and to generate corresponding journal entries. The platform exposes automated reporting capabilities including income and expense reports, gains and losses, journal entry exports, holdings, and asset roll forward reports for downstream accounting and financial close processes.
Architecturally the solution functions as a subledger to enterprise ERP systems, providing real time insight and standardized accounting outputs that can be integrated into full ERP systems and platforms enterprises use. TaxBit announced integrations in the ecosystem, including a reported connection with Fireblocks, enabling US institutional customers such as BlockFi to add the Corporate Accounting Suite directly into existing custody and operational workflows.
Governance and compliance are explicit focal points of the deployment, with the TaxBit Corporate Accounting Suite designed to adhere to GAAP and produce IRS grade calculations, supporting audit readiness and regulatory scrutiny. BlockFi cited improved confidence in ledger accuracy and reporting compliance, reflecting the suite's role in centralizing accounting controls and automated journal entry generation for digital asset operations.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Zoom Video Communications | Legacy | Zoom | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
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Collaboration | Collaboration |
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2018 | 2018 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| DocuSign | Legacy | DocuSign eSignature | Digital Signing | Content Management | n/a | 2021 | 2021 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Customer Data Platform | CRM |
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2020 | 2020 |
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Customer Experience | CRM |
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2018 | 2018 |
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Marketing Automation | CRM |
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2019 | 2019 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2022 | 2022 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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IT Service Management | ITSM |
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2020 | 2020 |
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PPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Project Portfolio Management | PPM |
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2021 | 2021 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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API Management, iPaaS (Integration Platform as a Service) | PaaS |
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2021 | 2021 |
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Transactional Email | PaaS |
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2018 | 2018 |
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Transactional Email | PaaS |
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2019 | 2019 |
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Transactional Email | PaaS |
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2019 | 2019 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Application Hosting and Computing Services | IaaS |
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2018 | 2018 |
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Cloud Storage | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2019 | 2019 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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