Digital asset adoption: What financial services companies should know

Key considerations for financial services organizations entering the digital asset space

May 08, 2023

Jay Schulman, RSM principal and blockchain and digital assets leader, walks through the key considerations for a traditional financial services company looking to adopt digital assets. One crucial message? It takes time. When it comes to having a competitive advantage, companies interested in digital assets must realize it takes time to test, learn and understand how digital assets work. From accounting, tax, risk and regulatory considerations, there are numerous issues to address while adjusting people, processes and technology to be successful in this space. 

RSM contributors

Driving a sustainable digital assets strategy

The digital assets space looks vastly different today than it did just a few years ago. Digitally native companies that hold custody of digital assets or have platforms for the trading of such assets—whether cryptocurrencies such as bitcoin and ethereum, non-fungible tokens, stablecoins, or security tokens—need to be able to adapt their vision and strategy as the landscape changes.

Related solutions

Experience the power of being understood