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TaxBit raises $130m in Series B funding

Utah based crypto tax and accounting software provider raised $130m in Series B funding led by IVP and Insight Partners.

“The digital asset space experienced a watershed moment during the pandemic, resulting in an accelerated push toward digital payments and alternative stores of value,” Austin Woodward told TechCrunch. “The momentum of adoption across the digital economy is quickly becoming the new normal among the traditional financial institutions and disruptors.”

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crypto, tax, accounting