Kryptos provides a platform for managing cryptocurrency portfolios and automating tax reporting by integrating data from over 3000 DeFi protocols and 100 exchanges. This solution addresses the complexities of tracking crypto transactions and ensuring compliance with tax regulations, enabling users to efficiently monitor their investments and generate accurate tax reports.
Funding
Funding not disclosed
Founders
Product
Problem
Tracking cryptocurrency transactions across multiple exchanges, DeFi protocols, and blockchains is complex and time-consuming. Ensuring compliance with varying tax regulations adds further difficulty for individuals, accountants, and enterprises. This complexity creates a need for streamlined solutions to manage crypto portfolios and generate accurate tax reports.
Solution
Kryptos offers a platform designed to simplify cryptocurrency portfolio management and automate tax reporting. The platform integrates data from over 5000 DeFi protocols, 100+ exchanges, and 50+ blockchains, providing a comprehensive view of crypto assets. Kryptos enables users to efficiently monitor their investments, calculate gains and losses, and generate tax reports that comply with global regulations. With its user-friendly interface and robust feature set, Kryptos aims to streamline the complexities of Web3 finance for individuals, accountants, and enterprises.
Target Audience
Kryptos targets individual crypto investors, accountants managing crypto taxes for multiple clients, and enterprises seeking to streamline crypto tax reporting and maintain compliance.
Features
- Automated gain and loss calculations for accurate tax reporting
- Support for over 5000 integrations, including major centralized exchanges, DeFi protocols, and blockchain networks
- Data standardization to ensure accurate transaction recording and seamless integration
- Portfolio and wealth tracker for real-time insights and smooth data synchronization
- Error reconciliation to quickly highlight discrepancies in crypto transactions
- Tax loss harvesting feature to optimize tax liabilities
- Support for multiple data import methods, including API, CSV, and manual entry
- Mobile application for on-the-go portfolio tracking and tax management