Accointing undergoes a second sale

Initially acquired last November by Glassnode, Baar-based Accointing is transitioning to Blockpit, a Germany and Austria based company pioneering tax regulation of cryptocurrencies in Europe, marking its second change in ownership. Accointing 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.

Following the acquisition of accounting by Blockpit, the accointing.com platform is scheduled to close at the end of January next year. Accointing users will experience a seamless process migrating their data to a Blockpit account with just a few clicks. Furthermore, even users who previously did not purchase a license from Accointing will receive free Blockpit unlimited licenses for all tax years before 2023, allowing everyone to experience Blockpit’s streamlined usability and high-performance platform.

The integration of Accointing stakeholders into the Blockpit platform will unify the user base, promising an array of new features, enhanced tools, robust reporting capabilities, and improved customer support. Additionally, Accointing users will gain access to Blockpit's network of tax professionals for comprehensive advice, legal support, and even face-to-face assistance with the software.

This merger further  reinforces Europe’s position in the crypto tax landscape. The fusion of Blockpit with German contender Cryptotax in 2020 and now the Swiss firm accointing introduces a clear Central European leader in the space.

“We’ve been well aware of Accointing over the past years, as they have always shared similar ambitions as Blockpit. This opportunity to bundle our forces in anticipation of the upcoming regulatory enforcement of crypto tax laws emerged at just the right time”, said Florian 

With the recent passage of DAC8, the unwavering commitment of all Blockpit companies to regulatory compliance and accuracy in tax reporting will prove a key attribute in the future to come. Users can trust that their crypto transactions will be handled with the utmost precision and in accordance with relevant tax laws.

 (Press release/RAN)