CoinTracker provides a cloud‑based platform that automatically imports cryptocurrency transactions from over 500 exchanges, wallets, and DeFi protocols into a unified, read‑only ledger. It categorizes activity, calculates U.S. and international tax liabilities, and generates IRS‑ready forms with one‑click integration to tax software, while offering real‑time portfolio analytics and secure, encrypted access.
Funding
$100M 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.
Founders
Product
Problem
Cryptocurrency investors must manually collect transaction data from dozens of exchanges, wallets, and DeFi protocols, which is time‑consuming and prone to errors. Inaccurate or incomplete records increase the risk of non‑compliance with tax authorities and can lead to missed deductions. The complexity of calculating gains, losses, and tax‑loss harvesting across thousands of assets further complicates filing.
Solution
CoinTracker offers a cloud‑based platform that automatically aggregates crypto activity from over 500 exchanges, wallets, and DeFi services into a single, read‑only ledger. The system categorizes trades, staking rewards, and liquidity events, removes spam transactions, and applies tax rules to compute capital gains, income, and loss positions in real time. Users can view a unified portfolio dashboard, receive personalized tax‑loss harvesting recommendations, and generate IRS‑ready Form 8949 and other required filings. The platform integrates directly with TurboTax, H&R Block, or a user’s tax professional for one‑click filing, while international guides help users meet jurisdiction‑specific reporting requirements. End‑to‑end encryption, token‑based two‑factor authentication, and read‑only wallet access ensure that sensitive financial data remain secure throughout the process.
Target Audience
The primary customers are individual cryptocurrency traders, DeFi participants, and tax professionals who need accurate, compliant tax reporting and portfolio tracking; enterprise crypto custodians and accounting firms also use the platform for large‑scale compliance.
Features
- Automatic import of transactions from 500+ exchanges, wallets, and DeFi protocols via read‑only API connections
- Real‑time portfolio analytics covering 10,000+ crypto assets, 50k+ smart contracts, and 600+ dApps
- DeFi‑specific categorization engine that classifies staking, lending, and liquidity‑pool events and filters spam activity
- Tax calculation engine that applies U.S. capital‑gain rules, generates IRS Form 8949, and supports tax‑loss harvesting insights
- Direct integration with TurboTax, H&R Block, and other tax‑software for one‑click filing of completed returns
- International tax guides and country‑specific reporting templates for global compliance
- Security stack featuring end‑to‑end encryption, read‑only wallet access, and token‑based two‑factor authentication