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About Node40
Node40 is a crypto tax and accounting platform that helps businesses and accounting firms handle digital asset transactions. Its core business is turning raw blockchain and exchange data into tax-ready reports and auditable accounting records. The platform supports over 50 protocols and 23 chains, covering wallets, exchanges, custody, and on-chain sources.
Its main competitive edge lies in traceability and audit readiness. Every transaction keeps a clear link from source data to final output, which makes it easier for accountants and auditors to verify numbers. The platform also emphasizes reconciliation, comparing computed balances against custodian-reported balances to catch discrepancies early.
The market pain point Node40 addresses is the complexity of crypto accounting. Many businesses struggle with tracking cost basis, handling DeFi transactions, and producing defensible tax reports. Without proper tools, these tasks become manual, error-prone, and hard to audit. Node40 aims to solve this by providing a structured system that preserves transaction-level detail and supports period-end close processes.
Regarding recent development from March to September 2026, there is limited public information available. The platform continues to operate and serve its clients, but no major product launches or significant updates were publicly documented during this period. One notable issue from the past two years is that some users have reported that the platform's interface can be complex for new users, and certain advanced features require sales-team requests to enable. However, these are general user experience observations rather than systemic failures.
In July 2026, Node40 launched Bedrock, a governed digital asset treasury accounting system that unifies tax decisions and GAAP support in a single ledger. It supports lot-level cost basis, internal transfer evidence, manual override trail, closed-period management, and append-only audit logs, making every output traceable to source activity.
Meanwhile, Node40 released an MCP server, enabling AI agents to query accounts, ledgers, and transaction data in plain English. The tool surface uses typed declarations and HMAC-signed authentication, with least-privilege scoping, positioning it as an early reference architecture for agentic reporting in digital assets.
The company also published deep-dives on digital asset transfer evidence and MCP control boundaries, emphasizing non-delegable licensed professional responsibilities, hybrid architecture, and mandatory human review.
Going forward, Node40 plans to deepen Bedrock’s lot intelligence, transfer evidence, audit governance, treasury workflows, written options, and reporting from a single governed record. On MCP, it will focus on read-heavy analytical workflows, credential governance, encrypted transport, replayable logs, and human approval checkpoints. The strategic direction shifts from “producing reports” to “building accounting records that can defend themselves.”
Co-founder & CEO Perry Woodin: Founded NODE40 in 2015, with over 20 years of experience in software application development and management. He previously served as Director of Development Services at Webapper and founded companies including Imago Productions.
Co-founder & CTO Sean Ryan: Oversees corporate security, software services, and R&D at NODE40, and plays an active role in business development.
COO Rob Madeira: Joined NODE40 in 2022, serving as Data Engineer and Director of Engineering. He became COO in October 2024, while continuing as Director of Engineering.