Utah based provider of cryptocurrency tax and accounting services raised $100m in Series A funding led by Paradigm and Tiger Global.
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TaxBit raises $100m in Series A funding
"At TaxBit, we believe that one of the greatest financial innovations and disruptions of the last century, cryptocurrency, should not be weighed down by the complexities of tax and accounting," said Austin Woodward, TaxBit CEO. "The past 12-months at TaxBit have been monumental, as our products are removing some of the largest roadblocks of this emerging asset class. With the support of Paradigm, Tiger Global, and many other amazing investors, we are excited to continue to scale world-class tax and accounting products so that cryptocurrency can continue to thrive among enterprises, consumers, and governments."
