Request Finance Completes $400M in Crypto Transactions

Request Finance Completes $400M in Crypto Transactions

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Request Finance, an enterprise crypto payments app, has marked an outstanding achievement by processing over $400 million in crypto invoices, payroll, and expenses since its launch in 2021. The platform revealed that it has streamlined financial processes for more than 2,000 Web3 teams, including notable names like The Sandbox, NEAR, and The Graph, automating payments, enhancing financial reporting, and ensuring compliance for crypto-utilizing companies.

Building on the triumph of last year’s highly successful Ultimate Web3 CFO Guide, which witnessed over a thousand downloads, Request Finance today unveiled the second edition of this guide. The guide places a special emphasis on managing crypto treasuries, a critical aspect particularly pertinent in the present bear market.

The complexities of managing crypto treasuries in the decentralized finance (DeFi) sector pose a distinctive challenge, deviating from traditional finance practices. The newly launched guide acts as a comprehensive manual for organizations, encompassing DAOs, Foundations, and dApp builders, aiding them in navigating the intricate landscape of crypto treasury management effectively.

Christophe Lassuyt, the CEO and Co-Founder of Request Finance, underscores the importance of combatting inflationary pressures by exploring promising asset classes like liquid staking, structured products, and tokenized ‘real-world’ assets such as US treasury bills and private credit.

According to the company, the resource titled “Ultimate Guide to Crypto Treasury Management” has been meticulously curated in collaboration with nearly 700 Web3 finance and operation leaders from the esteemed Web3 CFO Club. It provides practical frameworks that are universally applicable, catering to teams of varying sizes and levels of financial expertise. The guide covers critical aspects such as liquidity management, funding management, risk management, and the functionalities and benefits of crypto treasury management systems.

Greg Mocnik, Finance Manager at dYdX Foundation, said: “Enjoyed reading through the new Web3 CFO Guide. [It’s a] well-thought, comprehensive piece of resource and reading for any finance professional, bringing theory and practice together at a level and in a language that’s easy to understand.”

The guide is a treasure trove of actionable tools, case studies, and frameworks, designed to meet the demands of busy professionals. It equips founders, operations and finance leads, and anyone overseeing FinOps, with practical resources to effectively manage their crypto treasury in the midst of the current bear market, ensuring resilience and adaptability in the evolving landscape of crypto finance.

You can read or download Crypto Treasury Management Guide here.

Read Also: Accepting Crypto Payments: A Step-by-Step Guide for Small Businesses

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