FF News Logo
Tuesday, May 19, 2026
money2020 Europe x FFNews

TaxBit secures investments from PayPal Ventures and Coinbase Ventures; Winklevoss Capital Doubles Down

TaxBit, which offers cryptocurrency tax automation software targeted for crypto users, exchanges, and merchants, is excited to announce new investments from PayPal Ventures, Coinbase Ventures, and existing investor, Winklevoss Capital. These new investments from major fintech companies reinforce the importance of tailored software solutions, like TaxBit, in driving widespread cryptocurrency adoption. TaxBit solutions automate all aspects of cryptocurrency tax compliance for consumers, businesses, and exchanges. TaxBit Enterprise and TaxBit Consumer continue to transform the cumbersome experience of calculating and reporting taxes on cryptocurrency transactions.

“We want to thank our customers, partners, and investors for helping us move the cryptocurrency space forward, ” said Austin Woodward, CEO and Founder of TaxBit and Certified Public Accountant. “This investment will help us achieve our aim of being the most innovative and trustworthy provider of cryptocurrency tax technology.”

  1. Instant Payments and the Proliferation of QR-Driven Transactions Read more
  2. Sustainable Growth and Building Strategic Capability in Digital Transformation Read more
  3. Sygnum Completes First Live AI-Agent Driven Digital Asset Transactions by a Regulated Swiss Bank Read more
  4. CMC Markets Launches Spectre Trading Account for Retail Clients Read more
  5. Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide Read more
#TBSCONF26BXL x FFNews