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Utah-based Crypto Startup TaxBit Snags $100 Million Funding From Paradigm And Tiger Global

Mary Liu

Summary: First reported by Forbes, TaxBit, a crypto startup based in Utah, has completed $100 million in Series A funding, the new capital brings its total financing to over $107 million. The round was led by investment companies Paradigm and Tiger Global, PayPal Ventures, Coinbase Ventures, Winklevoss Capital, and other industry players participated.  As the crypto market booming, there are more ...

First reported by Forbes, TaxBit, a crypto startup based in Utah, has completed $100 million in Series A funding, the new capital brings its total financing to over $107 million.

The round was led by investment companies Paradigm and Tiger Global, PayPal Ventures, Coinbase Ventures, Winklevoss Capital, and other industry players participated. 

As the crypto market booming, there are more and more tax issues to be solved. TaxBit is a crypto software platform and accounting company that aims to develop an ERP system that belongs to cryptocurrencies and promotes the adoption through real-time automated processing of tax. 

By Mary Liu

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Link: Utah-based Crypto Startup TaxBit Snags $100 Million Funding From Paradigm And Tiger Global   [Copy]
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