CoinLedger Raises $6M in Funding

CoinLedger

CoinLedger, an Austin TX-based cryptocurrency and web3 tax reporting platform, raised $6M in funding.

The round was led by CMT Digital, DRW Venture Capital, FinTech Collective, Volt Capital, Voyager Digital Ltd. (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), Adam White (Co-Founder of Bakkt), and Mike Dudas (Founder of The Block).

The company intends to use the funds to scale its team further and expand product offerings.

Led by CEO David Kemmerer, CoinLedger provides a platform that streamlines and simplifies digital asset tax reporting for Cryptocurrency, DeFi, and NFT users. CoinLedger’s CryptoTrader.Tax integrates with hundreds of exchanges, wallets, and blockchains. Users can leverage the platform to gain a holistic view of their crypto portfolio and tax obligations across the entire Web3-economy.

FinSMEs

04/02/2022