Company Spotlight: Elliott Watts, Founder of Regen Financial

Tell us about yourself, your background and how you got involved in Web3.

I started my career at EY with a burning desire to be in the financial sector. I’ve always been drawn to the intersection of business and technology and equally, I’ve always known I wanted to build something of my own. That entrepreneurial drive has shaped every step of my journey.

As a Chartered Accountant, I gained a strong foundation working with complex financial structures and multinational clients. But I found myself increasingly frustrated with the pace and rigidity of traditional firms. I wanted to be on the cutting edge not just analyzing the numbers, but helping shape the future of how businesses operate.

Web3 felt like that frontier. I went deep into decentralized finance and soon joined Index Coop, one of the earliest DAOs, as Head of Finance. It was my first experience working fully inside a decentralized organization and it opened my eyes to both the massive potential and the glaring operational gaps in Web3. That experience planted the seed for Regen.

What led to you founding Regen Financial?

Regen was born out of necessity. When I was working inside DAOs and crypto startups, I saw firsthand how broken financial operations were. Founders were juggling multisigs, spreadsheets, wallets, and tax deadlines often with zero internal finance support. They were trying to raise millions while tracking runway in Notion docs. It was chaos.

Traditional firms didn’t understand Web3. They lack the ability to navigate on-chain infrastructure, had no experience with token-based ecosystems, and often struggled to deliver basic reporting when digital assets were involved. At the same time, building an in-house finance team was expensive, slow, and rarely provided the full spectrum of capabilities founders actually needed.

I founded Regen to solve that. We’re building the crypto-native finance partner I wish we’d had, one that deeply understands both the tech and the financial frameworks needed to scale a Web3 business globally.

Tell us about Regen: what you do, services you offer, and markets you operate in.

Regen is a full-stack finance partner built specifically for Web3 startups. We embed directly into crypto teams to handle everything from digital asset accounting and tax filings to multisig management, financial reporting, entity structuring, and strategic CFO advisory. Our model combines institutional discipline with crypto-native fluency giving founders peace of mind that their back office is both bulletproof and built for Web3.

Our core services include:

  • Accounting – digital asset and fiat reconciliation, monthly financial close, annual reporting, and audit prep.

  • Tax – global filings, R&D credits, and long-term strategies.

  • Operations – payroll, expenses, cap table, multisig approvals, and financial admin.

  • Web3 CFO – budgeting, forecasting, TGE readiness, and treasury strategy.

  • Incorporations – entity formation in crypto-forward jurisdictions like the UAE, with full financial stack setup from day one.

We primarily serve Seed to Series A companies, DAOs, token foundations and multi‑entity international structures. Regen is headquartered in the UK and UAE, with a growing footprint in Asia regions we see as leaders in digital assets. The UAE, in particular, has emerged as a hub we are excited to scale in.

What is your company mission?

Our mission is to become the financial operating system for Web3 founders.

We’re building more than a service firm, we’re creating the finance infrastructure that helps crypto teams grow faster, operate more transparently, and scale globally. Every Web3 project needs trusted financial rails whether they’re raising their first round, launching a token, or managing a multi-entity DAO treasury. Regen delivers that infrastructure end-to-end.

What we do is just as important as how we do it. Our culture is built on flexibility, honesty, and doing what’s in the best interest of our clients, always. We champion their success as if it were our own, and we operate like an extension of their team. Regen’s long-term ambition is to set the gold standard for crypto finance and to be the first name founders think of when they need a partner they can truly rely on.

How is Regen revolutionizing the way Web3 companies operate financially?

Web3 teams move fast and their financial operations need to keep up. The traditional finance model doesn’t work in crypto: hiring piecemeal, relying on accountants who don’t understand tokens, or cobbling together tools that can’t handle on-chain flows.

Regen changes that. We replace the need for multiple hires accountant, controller, ops lead, CFO with one embedded crypto-native finance partner. Our team integrates directly into client workflows, managing everything from digital asset accounting and tax to treasury strategy and investor reporting.

Because we understand multisigs, token vesting, DAO governance, and global tax risk at a deep level, we’re able to deliver finance infrastructure that’s not only accurate and compliant, but tailored to how Web3 actually works. That means founders get real-time visibility into burn and runway, tax filings they don’t have to second-guess, and investor-ready financials they can trust.

We’re not just filling gaps, we’re redefining what Web3 finance should look like.

What is the biggest regulatory challenge facing Web3 founders right now?

In the UAE, one of the most strategically positioned crypto hubs, regulation is evolving fast. Founders must now navigate a complex landscape shaped by bodies like VARA, ADGM, DIFC, and SCA each with distinct requirements.

VARA, Dubai’s Virtual Assets Regulatory Authority, has emerged as a global leader in crypto oversight. It’s building a comprehensive framework covering everything from licensing and capital requirements to operational controls and audit readiness. It’s an exciting development but also a major lift for early-stage teams not used to institutional-grade compliance.

Beyond VARA, founders operating in Abu Dhabi must comply with ADGM’s FSRA, which has its own virtual asset regime tailored to institutional players. DIFC, regulated by the DFSA, also plays a role especially for teams looking to blend fintech and tokenized finance. At the national level, the Central Bank and SCA continue to influence how digital assets are classified and managed.

For many projects, it’s no longer just about managing wallets and runway it’s about building financial infrastructure that can stand up to cross-jurisdictional scrutiny. At Regen, we guide founders through this complexity, from incorporation and financial ops to tax and audit readiness, ensuring they’re not just compliant today, but structurally sound for whatever comes next.

How is your business model unique?

What sets Regen apart is our embedded delivery model. We don’t operate like a traditional firm with siloed departments and ticketed requests. We embed directly into our clients’ workflows sharing Slack channels, syncing multisigs, and acting as a true extension of their team. That proximity allows us to move fast, stay aligned, and deliver value beyond just numbers.

We’re also one of the few crypto-native firms with licensed operations in both the UK and UAE, two key jurisdictions for global Web3 businesses. This gives us the ability to support complex cross-border entity structures with confidence; whether a client is launching a token foundation in the Cayman Islands, raising from a UAE SPV, or managing compliance across multiple regions we have it covered.

Beyond geography, our team brings deep operator experience. We’ve worked inside DAOs, built treasury frameworks, and helped scale tokenized businesses from the ground up. That combination of on-the-ground experience and financial rigor is what makes Regen different and what lets us solve problems most firms can’t.

What success have you had so far?

In just over two years, Regen has grown to support over 50 crypto-native clients globally, with the vast majority of our work delivered through recurring retainers. We’ve maintained a 92% client retention rate, a testament to the strength of our relationships, the quality of our delivery, and our ability to scale with our clients.

What we’re most proud of is the trust we’ve earned from high-performing teams across the ecosystem. We’ve helped projects go from pre-seed to Series A, navigate token launches, migrate treasuries across chains, and expand internationally under complex regulatory environments. We’ve also supported DAOs with full financial visibility, enabling better treasury governance and long-term runway planning.

Regen is now the trusted partner behind some of the most respected teams in the space and we’re just getting started.

What interesting projects are you currently involved in?

We’re fortunate to work with a wide range of Web3 teams tackling everything from DeFi infrastructure to gaming, DAOs, and tokenized networks. Some of the standout names we currently support include Enzyme, Polygon, Fluent, and Squid, projects that are helping shape the next wave of crypto adoption.

A few areas we’re particularly excited about right now:

  • TGE Readiness: We’re helping multiple teams prepare for token generation events. Building models, runway plans, and audit-ready financials that support listing and investor diligence.

  • Cross-Jurisdiction Structuring: We’re supporting clients with complex entity setups across the UAE, Europe, and offshore jurisdictions like Cayman and BVI, ensuring their legal, financial, and tax posture is aligned.

  • DAO Financial Ops: Several DAOs rely on us for monthly reporting, treasury reconciliation, and multisig governance, allowing them to maintain operational clarity and transparency with their communities.

  • Scaling Infrastructure: We’re working with fast-growing teams going from 5 to 50+ employees, helping them implement finance systems, payroll, expenses, and real-time dashboards that support scale without chaos.

What makes these projects exciting isn’t just the complexity, it’s the ambition behind them. We’re proud to be part of the backbone that lets these founders move faster and operate with confidence.

What advice would you give to founders looking to scale their crypto projects?

Invest early in your financial foundation. It’s one of the least glamorous parts of building, but also one of the most critical. The teams that scale successfully, raise capital, launch tokens and expand internationally are the ones who took finance seriously before it became urgent.

That doesn’t mean hiring a full team from day one. It means having clean books, real runway visibility, a working tax plan, and clarity on how your structure will scale across jurisdictions. It means treating finance like infrastructure, not a last-minute fix.

The other piece of advice: surround yourself with people who understand crypto natively. You don’t want to be explaining multisigs to your accountant, or tokenomics to your lawyer. Work with partners who are already in the space,  it’ll save you time, money, and major headaches down the line.

What is your long-term vision for Regen?

We want Regen to be the finance layer behind the next generation of Web3 success stories. Over the next 36 months, our goal is to scale to 100+ retainer clients, expand our presence in strategic jurisdictions like the UAE and Asia more broadly, and launch dedicated verticals across tax, treasury, and audit.

Our long-term vision is simple: to become the default financial operating system for crypto founders the team you call not just when you need help, but when you’re building something truly ambitious.

Where can readers find out more?

Visit us at https://www.regenfinancial.com/ or reach out directly via Telegram or via my calendar to book a discovery call.

Editor-In-Chief of Bizpreneur Middle East