Crypto Startup TaxBit Secures $ 130 Million In New Funding

On August 12, TaxBit, a tech startup, made a new investment of $ 130 million, and revenue reached $ 1.3 billion, becoming the new cryptocurrency unicorn. As previously reported, TaxBit made a successful investment in January this year with a partnership between venture capitalists PayPal Coinbase Ventures and Winklevoss Capital. In March of this year, a $ 100 million Series A financing was finalized and Paradigm and Tiger Global took the investment. Massive Payments by PayPal Ventures, Coinbase Ventures, Winklevoss Capital and others, Bill Ackman, Qualtrics co-founder Ryan Smith and other investors joined the investment.