Tagged: taxbit

Cash App Selects TaxBit to Streamline Cryptocurrency Tax Reporting

TaxBit, the tax and accounting provider for digital assets, announced it has been selected by Cash App in order “to help provide the necessary crypto tax forms to the 10+ million Cash App users who have bought or held Bitcoin since 2019.” Lindsey Argalas, COO… Read More

EY, TaxBit to Support Tax Reporting Requirements for Digital Assets

The EY organization announced an alliance between TaxBit, a tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) “to help organizations meet tax reporting requirements for digital assets.” Regulators are starting “to… Read More

TaxBit Secures $130M via Series B at $1.33B Valuation to Transform Outdated, Legacy Tax Information Reporting

TaxBit has raised $130 million in capital through a Series B round at a $1.33 billion valuation in order to “disrupt” legacy tax information reporting. Michell O’Conner, VP of Marketing at TaxBit, says her team is pleased to finalize the massive round that was led… Read More

Paradigm and Tiger Global Lead $100 Million Funding Round in TaxBit, a Crypto Tax and Accounting Firm

TaxBit has announced a significant $100 million Series A funding round led by Paradigm and Tiger Global with participation from a long list of big names. Investors in TaxBit include PayPal Ventures, Winkelvoss Capital, Coinbase Ventures, Bill Ackman, Qualtrics co-founder and chairman Ryan Smith, Anthony… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Scores Investments from PayPal Ventures, Winklevoss Capital, & Coinbase Ventures

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on  Thursday it scored investments from PayPal Ventures and Coinbase Ventures. The latest investments come just a little over a year after TaxBit raised $5 million through its seed funding round. As previously reported, Taxbit claims… Read More

Cryptocurrency Exchange & Custodian Gemini Teams Up With TaxBit to Provide Tax Services Suite to Users

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, recently announced it has joined forces with cryptocurrency tax software platform TaxBit to provide its users with completed cryptocurrency tax reports and tools to better monitor and optimize tax reporting. According to Gemini, TaxBit’s Tax… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Secures $5 Million Though Seed Funding Round

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on Monday it secured $5 million through its latest seed funding round. Participants of the round included TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, and Album VC,… Read More

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