Tres Simplifies Financials for Businesses Transacting with Crypto on Fuse

Tres is a platform simplifying asset management and accounting for businesses dealing with crypto assets and transactions. Its services are now available for projects and businesses building on top of Fuse.

Since they arrived 14 years ago, blockchain and cryptocurrencies have gone a long way. This is evidenced today with decentralized autonomous organizations (DAOs), cryptocurrency exchanges and investment funds, and many other businesses increasingly holding significant parts of their assets and executing some, if not all, payment transactions on-chain.

At the same time, recent dramatic events in the crypto space have shown more vividly than ever that proper financial management is crucial for the maturation of our industry and boosting its credibility.

However, managing and monitoring funds on-chain is still far from frictionless for most businesses. The Fuse team has been working on creating opportunities for businesses to plug web3 payments and decentralized finance (DeFi) into their operations. It is, thus, logical that we would be seeking to integrate with a blockchain financial data provider like Tres.

How Fuse integrates Tres

Tres has now deployed its tech stack to the Fuse Network blockchain, and the Fuse Foundation has started using the platform for internal accounting and asset management purposes.

They also encourage project teams and businesses building on top of Fuse to consider reaching out to Tres and exploring their offering. Under the terms of the Fuse-Tres partnership, customers using Tres on Fuse will be eligible for a 20% subscription fee discount during the first year of using Tres, as well as fee-free transactions on Fuse Network if those are executed through Tres.

🔽DETAILS:

https://news.fuse.io/tres-simplifies-crypto-finance-management-on-fuse/