US-Based Accounting Firm Aprio Joins Wall Street Blockchain Alliance

Blockchain, Group | January 24, 2019 By:

Business advisory firm Aprio has joined the Wall Street Blockchain Alliance (WSBA), a blockchain non-profit trade association created for financial market professionals.

Atlanta-based Aprio, one of the 100 biggest accounting firms in the United States, specializes in asset management, employee benefits, financial staffing, international tax planning, litigation support, and mergers and acquisitions consulting in industries such as health care, insurance, manufacturing, real estate, retail, and technology.

The WSBA is a non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology and cryptoassets across global markets. The association believes that blockchain, distributed ledgers and smart contracts represent a seismic shift in how financial markets, and all aspects of the global economy, operate. Corporate members include Blockchain Intelligence Group, OTC Exchange Network, BlockEx, Calypso Technology and RiskSpan.

Aprio said that joining WSBA as corporate member will enable them to help a greater number of businesses using blockchain or distributed ledger technologies to better manage the complexities of their tax, financial reporting and supply chain.

“WSBA is a leader in the promotion of blockchain and distributed ledger technology and we are excited to be the organization’s newest member,” said Mitchell Kopelman, partner-in-charge of the Technology and Blockchain group at Aprio.

Ron Quaranta, Chairman of the WSBA, said that as a premier firm at the intersection of tax, accounting, cryptoassets and blockchain, Aprio’s expertise will be integral in advancing blockchain and cryptoassets for the global accounting profession.

In November 2018, the WSBA launched the Enterprise Solutions Working Group (EWG), a forum for members to share experiences, exchange ideas and collaborate on related projects in support of the successful implementation of blockchain technology at the enterprise level.