Taxes and Accounting 3.0 – Bitwave is an American company that provides tax and accounting services to crypto companies. The company closed a fundraising round enabling him to launch his new product.
Bitwave and crypto business accounting: advanced features for institutions
Bitwave behaved 15 million dollars in a Series A funding round led by VC hack and Blockchain Capitaland which has seen the involvement of venture capitalists as SignalFire Where Valor Equity Partner.
These means will serve start Bitwave institutional. This product aims to help institutions that hold, trade or use their cryptocurrencies to improve their tax administration, accounting, auditing and reporting.
Bitwave Institutional uses the company’s current platform. However, it is equipped with Advanced features such as the monitoring of individual balance sheets.
Founded in 2018, Bitwave is based in San Francisco. His client portfolio would consist of more than 30 crypto companies including OpenSea, Compound and Polygon.
Bitwave is therefore completing another round of funding to enhance its offering at a time when a growing number of countries are developing a tax framework specific to cryptocurrenciesto fill the public coffers with the rise of web3.
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