ElectraFi

ElectraFi is an Australian accounting practice specializing in Web3 and crypto accounting, tax, and financial operations support for digital businesses, startups, accountants, and businesses adopting digital assets. Founded in 2008 by Electra Frost, FIPA, Chartered Tax Adviser and Emerging Technologies Specialist, the firm was established as a digital-native practice in Sydney and now operates globally in collaboration with Kigumi Solutions, a corporate and commercial legal practice and ASIC agent.

Core Services

ElectraFi offers comprehensive Web3 accounting and crypto tax solutions designed for three primary client segments: individual businesses and startups, professional accounting firms adapting to digital assets, and industry collaboration.

For digital businesses and crypto-native projects, ElectraFi analyzes existing setups and streamlines crypto subledger accounting with monthly reporting frameworks to reduce manual work and provide financial clarity. They offer diagnostic review services covering international tax and residency planning, accounting system optimization, Bitcoin and digital asset positioning, business structuring and strategy, and financial reporting and compliance.

For professional accounting and services firms, ElectraFi provides advisory support to help practices adapt to Bitcoin, digital assets, and AI technologies, including implementation guidance for handling crypto clients, AI governance and policy development, and practice capability enhancement.

Key Strengths

ElectraFi brings deep expertise in both the financial and technological aspects of the cryptocurrency industry. As Australian Public Accountants and Registered Tax Agents with an IPA Professional Practice Certificate, they combine professional credentials with specialized knowledge of blockchain technology and digital asset ecosystems. The firm operates as a digital-native practice, understanding the unique operational challenges of Web3 businesses.

Their collaborative approach means they can work either as a client's primary accountant or alongside existing accounting providers, offering seamless integration with current financial teams. They maintain a referral network of other crypto-savvy professional service providers in bookkeeping, software, IT, finance, legal services, SMSF, and estate planning.

Why Choose ElectraFi

ElectraFi understands that crypto-native project founders and established crypto businesses need finance professionals who speak both the language of traditional accounting and the technical nuances of blockchain technology. They offer specialized services that address the specific challenges of digital asset accounting, tax compliance, and financial operations in the Web3 space.

For businesses looking to incorporate crypto payments or innovate their business models, ElectraFi provides comprehensive crypto adoption planning, covering bookkeeping and internal accounts, systems and processes, tax strategies, and ongoing accounting service requirements - all scoped and implemented with a practical, technology-forward approach.

Their flexible engagement model means clients don't need to replace existing providers; ElectraFi can integrate with current accounting relationships or serve as the primary accounting partner, depending on client needs.