Definition ∞ Financial due diligence is a comprehensive investigation and analysis of a business’s financial records and condition prior to a transaction or investment. This process evaluates assets, liabilities, income, and expenses to confirm financial health and identify potential dangers. It provides essential information for making well-informed decisions.
Context ∞ In the cryptocurrency and blockchain industry, financial due diligence is vital for investors, acquirers, and regulatory bodies assessing digital asset projects or companies. The process can be complex due to the early stage of many crypto ventures and their often unclear financial structures. Ensuring proper financial scrutiny is paramount for reducing risks and fostering openness in this rapidly developing market.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
