Cryptocurrency tax company TaxNodes completes $1.6 million funding, with participation from ZebPay CEO Rahul Pagidipati and others

ChainCatcher news, according to Financial IT, cryptocurrency tax company TaxNodes has completed a $1.6 million seed round financing, with participation from ZebPay CEO Rahul Pagidipati, Shardeum CEO Nischal Shetty, CoinSwitch and Ajeet co-founders and CEOs Ashish Singhal, and Reflexical founder Khurana, among others.

According to cryptocurrency data platform RootData, TaxNodes is a cryptocurrency accounting and tax company aimed at addressing the increasingly serious compliance and internal control issues within the cryptocurrency ecosystem. TaxNodes is building a global product for retail cryptocurrency investors and traders, enabling them to establish profitability from crypto assets held across multiple exchanges and accurately estimate their tax obligations. (Source link)