BlockBeats report: On August 27, FinTax, a provider of cryptocurrency financial and tax solutions and AI infrastructure, announced the completion of its Seed round led by YZi Labs (via EASY Residency S4), with participation from Amber, Hash House, Pundi AI, Waverider International, and Nexus Holdings. The post-money valuation stands at $40 million. Previous investors include Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao.
In recent years, YZi Labs has consistently expanded its focus on stablecoins, RWA, payments, and institutional-grade digital asset infrastructure. Leveraging FinTax’s expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practices, and financial auditing of crypto assets, both parties will explore long-term ecosystem collaboration around institutional-grade tax and financial infrastructure, compliance standards, and emerging use cases such as stablecoins, RWA, and payments, further strengthening the ties between FinTax and YZi Labs along with its ecosystem partners.
Following this funding round, FinTax will accelerate the scaling of its five core product lines, expand its operations from Asia-Pacific and North America into Europe and the Middle East, and deepen the application of AI in complex tax and financial scenarios. The theme of the next decade is the alignment of blockchain with legal frameworks; FinTax will continue advancing the dual evolution of blockchain and legal systems across dozens of jurisdictions, integrating on-chain economic activities with the real-world tax, financial, and regulatory systems, transforming blockchain from technological consensus to social consensus.