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Congrats to portfolio company CoinLedger (rebranding from CryptoTrader.Tax) on this latest round of funding, which comes from a growing list of strategic corporate and high-profile individual investors, including CMT Digital, DRW Venture Capital, FinTech Collective, Volt Capital, Voyager Digital, Adam White (Co-Founder of Bakkt), and Mike Dudas (Founder of The Block). CoinLedger plans to utilize the funds to scale its team further and expand product offerings.
"As the cryptocurrency industry has evolved, the lack of simple, user-friendly crypto tax and accounting software, specifically for DeFi users, has become more than problematic," said David Kemmerer, CEO, and Co-Founder of CoinLedger. "We continue to see a future where decentralized cryptocurrency and digital asset use-cases become the norm, not fringe activities amidst centralized exchanges. We're excited to bring on such a strong group of investors who share our company's vision and values."
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