GAAP Compliance

CONSTI is proud that its information handling follows the United States Generally Accepted Accounting Principles (US-GAAP, or GAAP) standards for digital assets. CONSTI is a data aggregator for price data and related signals about crypto-assets providing extraordinary value for business users. CONSTI caters to a diverse clientele, including banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions, and regulators, by offering real-time, closing, historical data and analytics.

GAAP standards are a set of standardized guidelines and procedures used in financial accounting to ensure consistency, transparency, and comparability in financial reporting. It provides a common framework for companies to prepare their financial statements and helps investors, regulators, and other stakeholders understand and analyze financial information.

CONSTI adopted the GAAP standards for digital assets, because users of market data need to verify that crypto price feeds are ensures that the financial information provided is accurate, reliable, and consistent. This is crucial for making informed investment decisions, assessing the financial health of companies, and comparing financial performance across different entities. CONSTI allows customers and auditors to verify price feeds and statements.

The adherence of CONSTI to GAAP standards can facilitate operation of affected market participants, who adhere to US-GAAP principles in the digital asset market.