Crypto portfolio tracking tax platform Accointing gets acquired

Accointing is a Zug-based company employing over 60 people. The company built an all-in-one crypto platform that allows crypto traders to track, manage and report all their transactions in one place at any time and place. The process is straightforward: users connect with any crypto exchange, wallet, blockchain or service to track their portfolio and calculate crypto taxes. They can also import their transactions from other exchanges and blockchain using API connections or CSV files. The output is an accurate tax report with transactions that occurred during a given year. So far, Accointing has reported over 400 Exchange integrations and tracked 20’000+ Cryptocurrencies.

Glassnode, whose mission is to build a market-leading and portfolio intelligence platform to empower crypto investors to compound and protect their digital assets, has now taken over Accointing to support this ambition. Glassnode provides digital asset traders and investors with a comprehensive market intelligence suite encompassing advanced metrics across on-chain and crypto-financial data, delivered through intelligible and actionable charts. Glassnode’s intelligence and insights are utilized by hundreds of thousands of investors daily, helping them navigate the intricate complexities of the crypto space.

Thanks to integrating Accointing.com’s product lines, Glassnode users will now get a holistic view of their portfolio assets across wallets and exchanges, and Accointing.com’s automated crypto tax compliance and reporting features. Moreover, Glassnode’s users can now track their portfolio in a single holistic view, empowering investors to understand tradeoffs between new profitable opportunities, existing portfolio positions, and tax-optimized trades. with Glassnode will ultimately unlock the true value of market intelligence by contextualizing insights to users’ portfolios and helping them maximize their ROI.

“Accointing.com is one of the industry’s leading tax and portfolio tracking platforms with hundreds of thousands of users on the web and mobile. Its precise tracking and tax reporting capabilities across decentralized and centralized services have made it a perfect companion for our path forward,” said a spokesperson for the Glassnode Team.

In the coming months, Glassnode will combine the entire user journey - from market intelligence over portfolio management to tax-reporting compliance - in a single platform. Every user can access both platforms using the same login, making it easier to navigate seamlessly between products. This way, Glassnode users can enjoy free access to valuable features such as portfolio tracking and tax reporting, including Accointing.com’s unique Trading Tax Optimizer that helps preserve capital and minimize potential losses during the current crypto bear market.

(Press release/RAN)