Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

REI, MDT, CKB, VINE, TRU Post Highest Gains Today; KERNEL, OBOL, ELX, ARCH, STO among Big Gainers

July 27, 2025

Nasdaq-Listed Company Announces XRP Reserve – But Doubts Remain

July 27, 2025

Satoshi-Era Whale Completes $9,300,000,000 Bitcoin Dump Through Galaxy Digital in One of the Biggest Whale Transactions Ever

July 27, 2025

Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade

July 27, 2025

Ripple’s XRP Didn’t Make ChatGPT’s Top 5 Altcoin List: Here’s Why

July 27, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade

    July 27, 2025

    Ripple’s XRP Didn’t Make ChatGPT’s Top 5 Altcoin List: Here’s Why

    July 27, 2025

    Bitcoin to $1M? Corporate Treasury Boom Could Spark Dot-Com Level Mania

    July 27, 2025

    Former Binance CEO’s Alleged Support For Trump Initiatives: A Strategy For Pardon?

    July 27, 2025

    Bitcoin Price Could Still Tumble Down To $109,000 — This Chart Pattern Suggests So

    July 27, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Markets » Korean Firm CryptoTax Secures New Funding, Eyes New Collaboration
Markets

Korean Firm CryptoTax Secures New Funding, Eyes New Collaboration

Crypto Observer StaffBy Crypto Observer StaffNovember 27, 2023No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

According to a local Korean media outlet, CryptoTax, the virtual asset tax and accounting platform operated by Korean firm Double Xsoft, has successfully secured funding in a pre-Series A investment round. Per the report, this achievement comes just fourteen months after the platform attracted seed investment from the prominent Korean blockchain-focused investment firm Hashed.

The specific investment amount raised in the recent funding round has yet to be disclosed. Yoon Dong-hwan, CEO of Double Xsoft, remarked that the investment would fuel the expansion of CryptoTax’s partnerships, propelling the platform to grow rapidly in the realm of virtual asset tax and accounting.

Notably, CryptoTax functions as a comprehensive platform catering to both individual and corporate clients. Its suite of services includes cryptocurrency monitoring, transaction proof, and tax calculation and reporting services.

Per the report, CryptoTax incorporates and analyzes transaction data from various domestic and international crypto exchanges and wallets to provide crypto users with digital asset tax and accounting solutions.

While CryptoTax has a dedicated app for individual investors to estimate their tax on crypto, it offers specialized services for institutions involved in crypto under the service-oriented software “CryptoTax Enterprise.” Specifically, corporate users benefit from features like type-specific automatic accounting processing and the issuance of accounting data.

Kwon Oh-hyung, CEO of FuturePlay, stated that transparent reporting of cryptocurrency transactions has become indispensable with the earnest introduction of virtual asset legalization. He added that CryptoTax is poised to become an essential service for all virtual asset holders, leveraging its comprehensive knowledge of diverse virtual assets and its formidable capability to analyze transaction data.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Read the full article here

Fintech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Nasdaq-Listed Company Announces XRP Reserve – But Doubts Remain

July 27, 2025

China Aims to Bridge AI Gap, Challenges US Lead in Crypto and Beyond

July 27, 2025

Crypto Still Seen as ‘Risky’ Among U.S. Investors Despite Ownership Surging 8x Since 2018: Survey

July 26, 2025

BlackRock CIO Calls For Rate Cut Ahead Of FOMC Meeting

July 26, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

REI, MDT, CKB, VINE, TRU Post Highest Gains Today; KERNEL, OBOL, ELX, ARCH, STO among Big Gainers

July 27, 2025

Nasdaq-Listed Company Announces XRP Reserve – But Doubts Remain

July 27, 2025

Satoshi-Era Whale Completes $9,300,000,000 Bitcoin Dump Through Galaxy Digital in One of the Biggest Whale Transactions Ever

July 27, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ripple’s XRP Didn’t Make ChatGPT’s Top 5 Altcoin List: Here’s Why

July 27, 2025

Bitcoin to $1M? Corporate Treasury Boom Could Spark Dot-Com Level Mania

July 27, 2025

Former Binance CEO’s Alleged Support For Trump Initiatives: A Strategy For Pardon?

July 27, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.