Quantstamp is thrilled to announce a strategic partnership with Toku, marking a significant milestone in our commitment to enhancing security and compliance within the web3 ecosystem. Through this partnership, we will bring security audits and compensation tax audits together as part of a bundled service to provide blockchain companies with seamless support to power their businesses.
Web3’s rapid growth has brought its own unique set of challenges, and regulatory tax scrutiny and ever-present security threats both continue to rise. Recognizing this, Quantstamp and Toku decided to join forces to offer tailored support to web3 organizations. This will enhance both security protection and compliance capabilities for companies operating within the blockchain space.
Specifically, this will include a two-step process that includes a comprehensive code review and a tax review for clients at the outset of initial engagements. Unifying these two critical services puts Toku and Quantstamp at the forefront to give companies the tools needed to protect key information, adhere to all relevant regulatory standards, and ultimately adapt to the future of web3.
Toku is the first comprehensive and global solution for token compensation, token grants, and token tax compliance. Their products enable 100% tax compliance on all token-based compensation in over 100 countries globally. They also provide unmatched legal and tax support to grant and administer global team’s tokens. Toku’s customers include Protocol Labs, dYdX Foundation, Mina Foundation, Hedera, Gnosis, Safe, and many more.
Through this strategic partnership, Quantstamp hopes to empower web3 companies with tools and services that will help them succeed at every stage. Stay tuned for more updates on the partnership, and learn more about Toku and its services at toku.com.