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To provide businesses and their end customers across the globe with a flexible solution to stay crypto compliant.
As cryptocurrency has become more mainstream, governments have taken notice and begun introducing taxes on crypto gains. This landscape is new and confusing and adds an extra layer of difficulty to international taxation. Taxtris, a London-based Web3 startup, wants to make compliance easy with a white label tax calculator and optimiser for accountancy teams.
Taxtris is not alone in this space, with other startups such as CryptoTaxCalculator and Coinbooks offering support in the crypto compliance sector. However, Taxtris's solution is unique in that it takes a white label, API-first approach, allowing firms to use a single API call to generate their tax calculations and produce reports using their own branding.
Taxtris has completed a pre-seed funding round led by Frontline Ventures, which it has invested in its product and in rounding out its team. While times are currently tough in crypto spaces, the need for tax compliance solutions isn't going anywhere. With a strong product meeting an important business need, Taxtris will be in a strong position to grow as the market rebounds.
Freddie
Company Specialist at Welcome to the Jungle
Jan 2022
$1.6m
SEED
This company has top investors
Marko Jukic
(CEO)Was Managing Director at Fonoa. Before that was Founder & CEO of Vollo, prior to its acquisition by Nomago.