TaxBit Secures Investments from PayPal Ventures and Coinbase Ventures; Winklevoss Capital Doubles Down

TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, is announcing today investment from PayPal Ventures, Coinbase Ventures, and existing investor, Winkelvoss Capital.

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Justin Woodward
Crypto Tax Attorney

Happy New Year from the TaxBit Team!

We are excited to announce new investments from PayPal Ventures, Coinbase Ventures, and existing investor, Winklevoss Capital. These new investments from major fintech companies reinforce the importance of tailored software solutions, like TaxBit, in driving widespread cryptocurrency adoption. Our solutions automate all aspects of cryptocurrency tax compliance for consumers, businesses, and exchanges.

We want to thank our customers, partners, and investors for helping us move the cryptocurrency space forward. TaxBit Enterprise and TaxBit Consumer continue to transform the cumbersome experience of calculating and reporting taxes on cryptocurrency transactions. This investment will help us achieve our aim of being the most innovative and trustworthy provider of cryptocurrency tax technology.

Stay tuned for more upcoming updates and announcements!

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