Cryptiony, a Łódź, Poland-based provider of a crypto tax automation platform, raised €500K in Pre-Seed funding.
The round was led by ff Venture Capital with participation by Pointer.Capital and Marcin Wenus.
The company intends to use the funds to launch into the UK.
Co-founded in 2021 in by Bartosz Milczarek (CEO) and Hanna Milczarek (CMO), and then by Krzysztof Dworakowski (CTO), Cryptiony aims to make cryptocurrency tax calculation easy, fast and affordable for beginners, professional traders and accountants. It automates crypto tax calculations by linking directly to exchanges via APIs and extracting relevant data, which it uses to instantly create a full tax liability report compliant with complex tax laws, such as the UK’s share pooling rules. Even relatively small investors may need to report considerably more data than with conventional assets because of the nature of staking – a form of interest paid on crypto assets.
Staking payments are often made daily, creating hundreds of data points for each asset.
FinSMEs
10/01/2023