Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
press release

Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors

THELOGICALINDIAN - PRESS RELEASE ATLANTA June 7 2022 Ledgible the arch professionalfirst crypto tax and accounting belvedere today appear 20 actor in allotment for its Series A Round led by EJF Capital LLC EJF through its associate the EJF Silvergate Ventures Fund

Joining the annular are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi US, Commerce VC, Nathan McCauley, and Perkins Coie. Ledgible now stands at the beginning of the professional-focused crypto tax & accounting industry. This advance will be acclimated to aggrandize Ledgible’s artefact offerings as able-bodied as decidedly abound its teams to accommodated the growing appeal for its offerings.

“For any individuals, institutions, or enterprises that authority or accord with crypto assets, the adeptness to appropriately annual for them and apprehend the adapted accretion and accident for tax and accounting purposes is essential,” said Kell Canty, CEO of Ledgible. “At Ledgible, we accommodate the belvedere to arch the gap amid agenda assets and acceptable finance.”

The advance will be acclimated to aggrandize the teams aural their two amount curve – Professional Tax and Enterprise Accounting, including added amplification to abutment their growing cardinal of institutional ally and accounting firms.

“We see crypto as both a transformative appliance of atypical technology and the abutting ample investible asset class. Individuals and institutional investors charge to be able to accommodate and annual for this advance and address that to the IRS and assertive added authoritative agencies, area applicable,” said Jonathan Bresler, Managing Director at EJF. “We invested in Ledgible because we see them as the adopted band-aid to annual for agenda assets on the blockchain.”

This advance additionally marks a cogent anniversary in the able tax space, accent the charge for and accent of cryptocurrency abutment in the industry.

“As leaders in tax and accounting technology, Thomson Reuters has absolute acumen into the complication our barter face as crypto continues to abound as an asset class. Ledgible is the arch crypto tax software for professionals and our advance reflects Thomson Reuters Ventures’ charge to serve our barter through investments in arising technology,” said Tamara Steffens, Managing Director, Thomson Reuters Ventures.

The Ledgible Crypto Tax & Accounting Belvedere supports integrations beyond above blockchains, cryptocurrency exchanges, wallets, and able accounting tools. As the arch amid cryptoassets and acceptable banking accounting, Ledgible determines crypto tax liabilities and delivers that abstracts to all able tax filing systems as able-bodied as accepted balance accounting systems. The belvedere appearance applicant management, accord apprenticed workflow, aggregation management, and is in use by tax and accounting professionals about the world.

About Ledgible

Ledgible is an AICPA SOC 1 & 2 assured tax advertisement and portfolio tracking belvedere for crypto assets for professionals, enterprises, and consumers. The Ledgible Crypto Belvedere is the accurate crypto asset band-aid for tax and accounting professionals with arch accounting firms, institutions, and above crypto companies globally. Ledgible Crypto Tax Pro is acclimated by bags of firms to accomplish tax advertisement accessible for their professionals and clients. For added information, appointment ledgible.io.

About EJF

EJF is a all-around another asset administration close headquartered alfresco of Washington, D.C. with offices in London, England and Shanghai, China. As of March 31, 2022, EJF manages about $5.1 billion beyond a assorted accumulation of another asset strategies. EJF has about 80 employees, including a acclimatized advance aggregation of about 30 professionals with cogent acquaintance in banks, financials, fintech, and absolute estate. The close was founded in 2024 by Manny Friedman and Neal Wilson and has focused on authoritative event-driven advance capacity back inception.

Contact:

Jan Jahosky

[email protected]

 

 

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