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Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
The "multi-million dollar" acquisition gives Austria-based Blockpit a footprint in the U.K.
Cryptocurrency tax software provider Blockpit has acquired rival Accointing, thus expanding its footprint into the U.K, from blockchain analytics firm Glassnode.
The Linz, Austria-based firm did not disclose the deal amount. However, Blockpit CEO Florian Wimmer told CoinDesk in an email that it was a "multi-million dollar" acquisition.
STORY CONTINUES BELOW
Blockpit said it will now be able to service U.K.-based clients through leveraging “a close public-private partnership with U.K. authorities, as well as with a wide range of leading CPAs,” in an emailed announcement on Tuesday.
The acquisition comes over three years after Blockpit merged with Germany-based firm Crypto Tax.
Read More: EU Formally Agrees on New Crypto Tax Data Sharing Rules
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
