Crypto tax calculator CoinTracker is valued at $1.3 billion after a $100 million increase

© Reuters.

Cryptocurrency portfolio tracker and tax calculator CoinTracker has achieved “unicorn” status after raising $100 million in Series A funding, once again demonstrating that investors are allocating vast sums of capital to crypto-focused companies.

The Series A investment round was led by California-based venture capital firm Accel, with additional participation from General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase (NASDAQ:) Ventures, Intuitive (NASDAQ:) Ventures and Kraken Ventures. Individual investors who participated in the round included former Stripe COO Hughes Johnson, Coinbase board member Gokul Rajaram and Jeremy Liew, an early Affirm and Snapchat investor. .

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