Grant Stellmacher
GRANT STELLMACHER · GRANT STELLMACHER · GRANT STELLMACHER · GRANT STELLMACHER ·

Based in Salt Lake City, Utah, US

Blockchain Innovation Manager
Audit, Tax & Consulting

Hi, I'm Grant. I design financial systems for institutional operators.

I work with digital asset businesses that have complex products, institutional clients, and regulators who demand rigor. The gap between what the accounting standards say and what blockchain products actually do — that's usually where I feel at home.

I like systems. I like precision. I like when accounting and code actually work together.

Here'swhatIactuallydo.

Financial Architecture

Designing GAAP frameworks for products that didn’t exist when the standards were written. Revenue recognition, policy infrastructure, control environments built to survive audit scrutiny at institutional scale.

ASC 606Revenue PolicyControl EnvironmentsGAAP DesignPolicy Infrastructure

Automation & Systems

Built systems that eliminated $1M+ in audit labor. Automated reconciliation pipelines, audit prep workflows, and financial reporting infrastructure - production code that runs while the audit proceeds cleanly.

Audit AutomationPythonReconciliationFinancial WorkflowsProcess Engineering

IPO & Institutional Readiness

SOX-ready control environments, audit committee governance, S-1 financial infrastructure. The systems that let digital asset businesses survive public market scrutiny - built before the banker calls, not after.

SOX ReadinessIPO PrepGovernanceAudit InfrastructureS-1 Preparation

Production Software

Full-stack systems built in TypeScript, Python, and SQL. Onchain data pipelines, FastAPI backends, Next.js frontends, Supabase databases. I don’t advise on software. I build it.

TypeScriptPythonNext.jsFastAPISupabasePostgreSQLVercelSQLAlchemy

Selected Experience.

RSM US LLP

National · Aug 2026 – Present

Blockchain Innovation Manager — Audit, Tax & Consulting

National resource working across Audit/Attestations, Tax, and Consulting. Drives blockchain innovation strategy, builds internal tooling, and advises engagement teams on digital asset matters across the firm.

Blockchain InnovationAudit & AttestationTaxConsultingInternal Tooling

Anchorage Digital

Salt Lake City, UT · Jan 2025 – July 2026

Accounting, Product Launches & Strategic Initiatives

Embedded in new business line launches from day one. Designed accounting frameworks, revenue recognition policies, and control environments for products before they went live — not after.

Product LaunchesRevenue RecognitionStrategic FinanceControl DesignASC 606

Anchorage Digital

Salt Lake City, UT · Sept 2023 – Jan 2025

Accounting, Revenue

Built and maintained revenue accounting infrastructure for the nation’s first federally chartered digital asset bank. Revenue recognition across custody, staking, and trading products.

Revenue AccountingFederal CharterStakingCustodyDigital Banking

RSM US LLP

National · Apr 2023 – Sept 2023

National Blockchain SME

Directed blockchain-focused audit strategy across the national client base. Reduced audit labor costs by $1M+ through automation. Delivered 85+ strategic advisory memos on AI, blockchain, and automation investments to firm leadership.

Blockchain AuditAutomationStrategic AdvisoryNational SME

NCG LLC

Remote · Jun 2024 – Present

General Partner

Technical, governance, and economic diligence on pre-seed and seed-stage Web3 ventures. Capital allocation at the intersection of protocol economics and institutional finance.

Web3Capital AllocationDiligenceProtocol Economics

Miami NFT Buildathon

Miami, FL · Sept 2022 – Mar 2023

Head of Partnerships

Led sponsorship strategy and institutional outreach across the Web3 ecosystem. Structured value propositions and negotiated partnership agreements.

Web3PartnershipsInstitutional Outreach

Research & Analysis.

Regulation Crypto Assets: The SEC Expects 475 Exits and 130 Raises

Crypto × Tax · 2026-08-18

Read all 402 pages and the Commission's own usage estimates give the game away. It expects 130 issuers a year to raise capital under Regulation Crypto Assets and 475 a year to use it to leave the securities laws. The offering regime is the smaller half of the rule.

Regulation Crypto Assets33-1143434-106150S7-2026-27SEC crypto rulestartup exemptionfundraising exemptionTier 1Tier 2investment contract safe harborcovered investment contractForm 1-CRYPTOForm TRForm NORaudited financial statementsPCAOBUS GAASRegulation Ablue sky preemptionNSMIARead →

The RWA Regulatory Map: There Is No RWA Framework, and Here Is Exactly Where the Analogies Break

Crypto × Tax · 2026-08-17

No jurisdiction in this map except one has a law written for tokenized real-world assets. Securities, fund, custody, transfer agency and commodities law are applied by analogy instead, and the analogies break in nameable places. This is the practitioner's field guide to where.

RWA regulationtokenized real world assetstokenized treasuriestokenized private creditRule 2a-5transfer agent blockchainregister of recordtokenized equitiesDTC tokenizationMiCA tokenized securitiesDLT Pilot RegimeSwiss DLT ActRule 17f-2tokenized real estateRWA assuranceRead →

Trusted Single Source: What Tokenized Private Credit Never Built

DeFi & Risk · 2026-08-13

The eleven-step blowup is no longer hypothetical. Apollo's credit fund is levered on Morpho today, priced by an oracle whose name concedes the problem. Meanwhile the public comparables for the same assets trade twenty percent below the marks that oracle transports, and the liquidation budget is 2.62%.

RWA tokenizationtokenized private creditNAV oracleTrusted Single Source OracleRedStoneSecuritizeApollo ACREDMorpholiquidation incentive factorBDC discount to NAVprivate credit valuationcurator vaultsGENIUS Actproof of reservesattestationSEC Rule 2a-5Read →

Spreading knowledge
through the craft.

01

Institutional Workshops

Blockchain audit methodology, digital asset accounting frameworks, staking governance — practical workshops built for finance teams entering the digital asset space. Not theory. Implementation.

02

Research & Writing

Long-form research on staking governance, ASC 606 applied to crypto, and IPO readiness for digital asset businesses. Written for practitioners — not for SEO. Published at grantstell.com/research.

Beyond the numbers.

Grant Stellmacher

I'm curious about how things work — accounting systems, protocol mechanics, software. That curiosity is probably why I ended up at the intersection of institutional finance and crypto infrastructure.

Outside of work I stay sharp with CrossFit (Level 1 Trainer), build production software, and generally prefer systems that can be tested.

BASED INSalt Lake City, Utah, US
CURRENTLYBlockchain Innovation Manager at RSM US LLP
CREDENTIALSCPA Licensed — Wisconsin & Utah
ALSOCrossFit Level 1 Trainer · Production software builder
CURRENT OBSESSIONHow AI reshapes institutional finance without replacing the rigor

Tools I Build With

PythonTypeScriptNext.jsFastAPIPostgreSQLSupabaseSQLAlchemyAlembicVercelClaude APILangChainFramer MotionTailwindGitNode.jsSQLitePrisma

How Colleagues Describe Me

Systems thinkerPreciseBuilder mentalityTechnical operatorDirectCalm under pressure

Beyond the work

Chicago Skydeck

Chicago Skydeck

1,353 ft above the Loop

Wasatch Range

Wasatch Range

Salt Lake City, Utah

Off the clock

Off the clock

With the lab

Drag to explore →

What I stand for.

01
01
Precision over speed
Do it right the first time. Audit-ready from day one, not after the regulator asks.
02
02
Systems thinking
Every policy, workflow, and control exists within a larger system. Design for the whole, not the symptom.
03
03
Rigor without rigidity
Standards exist for reasons. Applying them to new technology requires judgment, not just pattern-matching.
04
04
Build before you advise
I write the code. I’ve built the product. That changes how I see accounting for it.

Let's connect!

Institutional operators, founders, and funds. Serious inquiries only.

linkedin.com/in/grantstellmacher

Research Updates

Long-form research on crypto finance, agent economics, and AI infrastructure. No spam.

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