Bittax

Cryptocurrency Tax Compliance and Blockchain Analysis

Fintech & Insurtech
Private
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Company Overview

Snapshot

Founded in October 2016 by Gidi Bar-Zakay, Bittax operates with 11–50 employees. The company is currently in a Pre-Funding stage, focusing on developing its cryptocurrency tax compliance platform.

Business overview

Bittax provides a platform for cryptocurrency taxation calculation, leveraging algorithms to auto-complete missing blockchain information and identify discrepancies. The system is designed to determine optimal tax liability through crypto-specific identification on the blockchain. Serving the Fintech & Insurtech sector, Bittax offers financial operations software and IT solutions, with a focus on DLT & Blockchain technology for financial services, particularly in accounting, tax, investment, and regulatory compliance.

Strategic signal

In December 2020, Bittax announced a strategic partnership with SurePrep for cryptocurrency tax automation. This collaboration signals Bittax's commitment to expanding its market reach and integrating its specialized blockchain analysis capabilities with established tax preparation solutions, enhancing its value proposition for financial institutions and accounting professionals.

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Company Intelligence Q&A

What is Bittax's core offering?
Bittax provides a platform that automates cryptocurrency taxation calculations. Its algorithms complete missing blockchain data and identify discrepancies to determine optimal tax liability through crypto-specific identification.
When was Bittax founded and by whom?
Bittax was founded in October 2016 by Gidi Bar-Zakay.
What was a key strategic partnership for Bittax?
In December 2020, Bittax launched a strategic partnership with SurePrep to provide cryptocurrency tax automation solutions.
In which sector does Bittax primarily operate?
Bittax primarily operates in the Fintech & Insurtech sector, focusing on financial operations software and blockchain technology.
What is Bittax's current employee count?
Bittax currently has 11–50 employees.
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