PayPal Ventures invests in crypto tax automation software firm

Cryptocurrency tax automation software provider TaxBit has secured investment from PayPal Ventures, Coinbase Ventures, and existing investor Winklevoss Capital. The size of the investment was not disclosed.
Austin Woodward, CEO, TaxBit, says: “This investment will help us achieve our aim of being the most innovative and trustworthy provider of cryptocurrency tax technology.”
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