Completing its Funding Round with $100 Million, CoinTracker Reached $1.3 Billion Valuation

Crypto tax company CoinTracker has announced that it has completed its financing round with the participation of many institutional and individual investors by raising $100 million in funds.

CoinTracker, January 27 venture capital firm in its press release on Accel in the Series A funding round led by 100 million dollars raises funds and the company $1.3 billion valuation announced its arrival. Financing round by disclosure General Catalyst, Initialized Capital, Y Combinator Continuity, Coinbase Ventures, Intuit Ventures, Kraken Ventures, venture firm 776 Ventures, Reddit co-founder Alexis Ohanian, and former Stripe COO Claire Hughes Johnson It was realized with the participation of old and new investors.

CEO and co-founder of CoinTracker Jon Lerner;

Together with our investors, we have a shared mission to increase the financial freedom and prosperity of the world. We are incredibly excited to partner with them to streamline cryptocurrency portfolio tracking and tax compliance, as well as drive and accelerate crypto adoption.

said.

The company collected 100 million dollars with the backdrop maintain its leading position in exchanges, blockchain and other crypto sectors. and increase the number of highly skilled personnel to sustain growth plans aims. In addition, if the company is part of the fund scaling customer support, content and community to help users delve deeper into their crypto portfolios and tax challenges He said he would separate.

CoinTracker recently CoinbaseExpanded “Expand” that helps exchange users prepare their crypto taxestax centerHe announced that he had made a special agreement with ”.

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