Huo Xing Cai Jing reports that FinTax, a provider of cryptocurrency financial and tax solutions and AI infrastructure, has announced the completion of its seed round led by YZi Labs, 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 invested in 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 cryptocurrency financial auditing, both parties will explore long-term ecosystem collaboration around institutional-grade financial and tax infrastructure, compliance standards, and emerging use cases such as stablecoins, RWA, and payments. Following this funding round, FinTax will accelerate the scaling of its five 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 financial and tax scenarios. FinTax will continue advancing the dual evolution of blockchain technology and legal frameworks across dozens of jurisdictions, enabling on-chain economic activities to integrate with real-world financial and tax systems.
FinTax Completes a $40M Seed Round and Partners with YZi Labs for Long-Term Ecosystem Collaboration
MarsBitShare
Summary
FinTax, a provider of crypto financial and tax solutions, has closed a $40 million seed round led by YZi Labs, with Amber, Hash House, and others participating. Previous investors include Victory Courage and BGIN. The company will scale five product lines, expand into Europe and the Middle East, and enhance AI applications in tax scenarios. The collaboration with YZi Labs will focus on institutional fiscal infrastructure and developments within the Ethereum ecosystem. The partnership aims to support ecosystem growth through stablecoins, RWA, and payments.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.