About

Our Story

Ciphercounts is an innovative accounting firm that combines Big Four veterans with technologists to advance financial practices in the crypto industry. CipherCounts is a core contributor to Bitwave’s product offerings and product development, spearheading integrations into SaaS and collaborating with several of the largest crypto mining companies in North America.

Ciphercounts is one of the earliest crypto accounting firms, and in the early days traveled to hackathons and conferences across the world while contributing to the original framework for current crypto accounting practices and working closely with leaders and institutions across the industry including the Ethereum Foundation, academia, and the AICPA.

Additional Highlights:

  • Developed accounting protocols for complex DeFi products that involved staking, validators, LPs, investments, and trading and prepared financial records for a multimillion dollar startup that was acquired and graduated into a multibillion dollar merger with one of the largest crypto mining companies in North America.
  • Supported the design and built the ERP solution for of one of the first algorithmic stablecoins, and later a multi-collatoral algorithmic stablecoin
  • Worked directly with the Ethereum Foundation on EIP 1559
  • Supported several of the original DAOs
  • Helped launch Collab.Land’s DAO co-op, who is one of the leaders in social token platforms supporting a network of over 4 million users including Bored Ape Club
  • The core team’s collective career experience has helped support hundreds of successful funding rounds
  • Multiple Features in Bitwave’s Enterprise Digital Assets Summit and on stage with various projects at ETH Denver

We actively participate in global hackathons and conferences, showcasing our commitment to staying ahead of industry trends. We cater to a diverse range of clients, from nascent startups to publicly traded billion-dollar enterprises, offering custom-tailored solutions that address the unique challenges of each stage of growth.

Certified CPAs

Meet our Team

Libby

Libby Schultz

CPA, MSIT
1

Tom Effertz

MS – Forensic Auditing
2

Zach White

CPA, MSA
3

Tyler Effertz

CPA
Scalable Accounting Services

Avoid over-hiring and overspending by locking in a part-time CFO, controller, treasury management, and bookkeeper for a fraction of the cost with access to senior strategic advisors at any time. We will work alongside you and be accessible for meetings and chat, scaling with your needs.

Consulting and Strategic Advisory

The crypto landscape is vast and ever changing. Not only do we help founders with general business strategy and tokenomics, we also work side by side with engineers to guide the design of their products. By working in tandem, organizations can design the financial reporting requirements into their product and avoid expensive data transformation and reconciliations

Administrative Support

Too busy to rummage in the weeds? We can run anything from your backend treasury and payroll, to state registrations and reporting that might otherwise cost several times as much with an attorney. Focus on the parts of the business you love while we handle all the tedium.

Fundraising and Audits

Would you like stronger protection against government oversight? Are investors requesting financial documents for a raise or milestone? We can help you pass through the gauntlet of public standards.

Collaborators and Partners

* While we cannot disclose our entire CV, here are some of our fun projects.

Now accepting new clients

With the rise of institutional adoption, our roster is filling up for 2024 and 2025. 

Secure your spot to work with the top talent in the industry.