The startup offers a crypto-tax management platform that enables private and corporate investors to track their cryptocurrency portfolios and calculate capital gains efficiently. By providing smart tools for tax reporting and accounting, the platform simplifies the complex process of managing crypto-related tax obligations.
Funding
$2.4M 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
Calculating and reporting cryptocurrency taxes can be complex and time-consuming due to the need to track transactions across multiple exchanges, wallets, and blockchains, while also staying compliant with evolving tax regulations. Many crypto investors lack the tools to efficiently manage their portfolios and accurately determine their tax obligations.
Solution
Waltio is a crypto-tax management platform that simplifies the process of tracking cryptocurrency portfolios, calculating tax liabilities, and generating compliant tax reports. The platform supports over 700 integrations with exchanges, wallets, and blockchains, automatically synchronizing transaction data without requiring private keys. Waltio enables users to track their portfolio performance in real-time, optimize investments to reduce fees and maximize yields, and generate tax reports that comply with local tax regulations. The platform also provides step-by-step guidance for completing online tax returns, ensuring users can confidently meet their tax obligations.
Target Audience
Waltio primarily targets individual and corporate cryptocurrency investors who need a comprehensive solution for managing their portfolios, calculating taxes, and generating compliant tax reports.
Features
- Automatic synchronization of transaction data from over 700 exchanges, wallets, and blockchains via API or CSV import
- Real-time portfolio tracking with performance comparison against BTC, ETH, and other benchmarks
- Calculation of capital gains and losses, staking and farming rewards, and other taxable events
- Generation of tax reports compliant with local tax regulations, including tax certificates and supporting documents
- Fee optimization tools to identify and reduce transaction fees across different platforms
- Staking optimization features to maximize passive income from cryptocurrency holdings
- Support for various transaction types, including DeFi, mining, lending, and airdrops
- Automatic error correction and inconsistency detection to ensure data accuracy
- Scam token detection to identify and flag potentially fraudulent assets
- Step-by-step guidance for completing online tax returns