Blockpit provides crypto tax and accounting solutions that enable users to track over 250,000 digital assets and generate country-specific tax reports compliant with local regulations. The platform automates transaction imports and offers insights to optimize tax liabilities, addressing the complexities of crypto tax compliance for both individuals and enterprises.
Funding
$12.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MVFounders
Product
Problem
Calculating and reporting taxes on cryptocurrency transactions is complex due to varying global regulations, diverse transaction types (DeFi, NFTs, staking), and the need to track numerous digital assets across different exchanges and wallets. Incomplete or inaccurate reporting can lead to audits and penalties.
Solution
Blockpit provides a platform for tracking crypto investments, managing portfolios, and generating tax reports compliant with local regulations. The platform supports over 250,000 digital assets and automates transaction imports from various exchanges, wallets, and blockchains. It offers insights to optimize tax liabilities and provides country-specific tax reports, ready-to-use tax forms, and tax optimization tools.
Target Audience
The primary users are individual crypto investors and enterprises who need to accurately track their crypto portfolios and generate tax reports compliant with local regulations.
Features
- Automated transaction imports via APIs, public keys, and CSV files
- Support for over 250,000 cryptocurrencies, NFTs, and DeFi assets across multiple blockchains
- Country-specific tax reports compliant with IRS, HMRC, BMF, and other international tax rules
- Portfolio tracking dashboard with real-time monitoring of crypto investments
- NFT gallery to showcase and track NFT collections with floor prices
- Tax optimization tools to identify opportunities for offsetting losses and maximizing returns
- Secure connections to crypto exchanges and wallets