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Your Sparring Partner for Web3 Finance and Tax Challenges.

Kevin Leuthardt, Founding Partner

Kevin has been working in the Web3 industry since 2017 and regularly advises Web3 / crypto founders, organisations and investors on various financial, structuring and tax matters. Hereby, he leverages his multi-year experience in operating successful Web3 / crypto projects with regards to financial management, tax risk management, business operations and regulatory compliance as well as team token incentives. In addition to this, he disposes of a fond knowledge in establishing and operating Swiss Web3 / crypto foundations and enjoys acting as an active board member.

Kevin has curated over the years a Web3 / crypto-specific network of executives, investors, lawyers, accountants and other likeminded individuals. In particular, he is a proud contributor to the tax & accounting landscape by assuming the co-chair of the tax and accounting working group at the Crypto Valley Association.

In addition, Kevin can leverage a domestic and international network of service providers and (tax) lawyers with relevant project experience with established leading Web3 / crypto organisations available to serve our clients at threek.

Experience

  • 2019 – today: Founding Partner threek (previously known as KSquared)
  • 2022 – today: KYVE Network (interim CFO), since 2023 board member of KYVE Foundation
  • 2022 – 2023:  Safe (Safe Ecosystem Foundation), Head of Finance
  • 2020 – 2022:  Arweave, Chief Financial Officer (CFO)
  • 2016 – 2019:   KPMG Switzerland, Senior Tax Consultant

What challenges do we like to resolve?

The launch and the operation of token-based protocols across their life cycles are exposed to a lot of challenges in the field of finance, accounting and legal matters. Founders and management teams might be often overwhelmed by the sheer complexity of their Web3 businesses they have to manage alongside their overall focus on reaching product-market-fit and securing the project’s runway. 

The navigation of these challenges requires the involvement of external counsels and the coordination thereof. Many times, a proactive approach to these matters could help to anticipate and curb their operational burden drastically. 

“Despite all the Sturm und Drang around crypto, there’s no denying it has been an important proof of concept for how web3 technologies work together. Web3’s promise is an improved version of the Internet, one that is more interoperable than today’s siloed web.”

Bain & Company, 2023, Global Private Equity Report: Web3 Remains Highly Relevant for Private Equity

That’s where we come in

threek comes in as an independent, but embedded advisor who acts as a sparring partner on selected challenges. We allow you to stay focused on the core areas of importance – launching and delivering your protocol!

Who do we like to collaborate with

We are open and like to collaborate with projects and founders across different life cycles. We adjust to your pace and needs. Whether it is raising an institutional capital round, preparing for an initial token listing or the restructuring of your tax and legal operations, we’re at our service whenever you need us. 

We are experienced working with L1 and in particular Proof-of-Stake consensus mechanism based protocols across different ecosystems. 

Switzerland is home that is why we certainly have a strong knowledge and insights base on rolling out Swiss and European structures.

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MiCAR: Regulatory implications for operating networks and protocols

After years of legislative discussions and heated debates, the Member States of the European Union (“EU”) will roll-out the Bloc’s flagship Regulation on Markets in Crypto Assets (“MiCAR”) from 30 June 2024 respectively 30 December 2024 onwards.  MiCAR comes with a...

Switzerland: Federal Administrative Court rules on VAT treatment of block rewards

Switzerland: Federal Administrative Court rules on VAT treatment of block rewards There is a positive side to the rainy last weekend in Zurich. I was able to dive into a recent ruling of the Federal Administrative Court (Bundesverwaltungsgericht) published on 29...

Introducing threek

I am very pleased to announce the launch of my new venture called threek, a boutique advisory firm dedicated to Web3 projects and investors with a particular focus on the provision of project structuring (legal, governance), financial and tax advice as well as...

Who we work with