Finance

Finance in the Age of Web3: On the field or sideline?

Web3 applications, such as tokenization of real-world and virtual assets and decentralized finance, impact the finance function in more ways than might initially be apparent. In the world of Web3, players need to ensure effective management of crypto assets, risk management, assessment of price volatility and timely conversion of cryptocurrencies into fiat currencies and vice versa. A skilled and knowledgeable treasury team can support effective execution of these tasks and also capitalize on Web3 by driving efficiencies and revenues through staking and decentralized exchanges.

Although Web3 offers exciting opportunities, there are also challenges, including storage solutions and regulatory compliance. Organizations must navigate evolving regulatory landscapes and align with authorities like the US Securities and Exchange Commission (SEC) and the Swiss Financial Market Supervisory Authority (FINMA). By adopting a comprehensive and proactive approach to regulatory compliance, organizations can futureproof their organization, capitalize on new revenue streams and minimize legal risks.

Our report showcases key insights from industry peers and practical considerations on how finance departments, especially Treasury, could be involved in corporate Web3 initiatives. Learn more:


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