Waltio closes €1.8 million in funding to simplify digital asset tax compliance and investment tracking in Europe

2023-11-27 18:26:25BlockBeatsShare to:

BlockBeats news, on November 27, digital asset management and tax compliance innovation company Waltio announced the successful completion of 1.8 million euros in financing. This round of investment was participated by a number of well-known business angels and institutional investors, including Budget Insight co-founder Clément Coeurdeuil, Bankin' co-founder Joan Burkovic, well-known cryptocurrency expert Owen Simonin, Stake Capital founder Julien Bouteloup, and Credit Agricole Bank Capital Development Corporation. Waltio founder and CEO Pierre Morizot stated that the company is committed to becoming the digital asset tax compliance and investment tracking software of choice for individual users in Europe. The financing will be used to drive software development, enhance tax compliance solutions, expand European market coverage, and integrate artificial intelligence technology to improve the automated collection and valuation of Web3 data. The company aims to reduce the complexity of crypto asset taxation and enable more users to easily invest and manage digital assets while maintaining consistency with European regulations.

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