Blockpit, a tax-oriented crypto software provider based in Austria, just made a big move. Actually, he acquired Accointing, its own rival affiliated with Glassnode, for several million dollars. Details !
Glassnode sells Accointing to Blockpit
Blockpit is renowned for its Cryptotax service, intended to track investments with the aim of obtaining a tax declaration meeting the requirements countries like France, Germany, Switzerland or the United States. Learn a lot more about this device by taking a look at This item.
“ The European cryptocurrency taxation platform Blockpit acquires its rival Accointing for several million dollars. »
According to The BlockBlockpit paid out several million dollars to acquire Accointing from Glassnode. The Austrian provider of tax software for cryptocurrencies such as bitcoin did not provide further details as to the amount of the transaction. But Florian Wimmer, CEO of Blockpit, said that the exchanges were made in fiat (so not in crypto and even less via a stock swap).
Here is his comment regarding this buyout:
“ Due to the very similar nature of the Blockpit and Accointing platform, the acquisition truly is a perfect opportunity. »
Cointelegraph clarified that this initiative is that of the crypto intelligence company Glassnode.
His spokesperson announced that:
“ Glassnode will exit the crypto tax space with the sale of Accointing to Blockpit. […] We have used the last few months to reshape our intrastructure, allowing us to move into DeFi data solutions and expand into other areas of the digital asset ecosystem in the future.. »
Note that Accointing had become a property of Glassnode since October 2022.
In addition, Blockpit’s other acquisition is the German platform Cryptotax: it dates from 2020.
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