Blockpit offers a tax and compliance software solution for private individuals, exchanges and institutions such as banks and tax offices when it comes to cryptocurrencies. Blockpit GmbH was founded in August 2017 and is managed by Florian Wimmer (CEO), Gerd Karlhuber (COO), Magnus Berchtold (CPO), Tom Buchsteiner (CTO) and Vladimir Tosovic (CMO).
In the process of one of the first Security Token Offerings (STOs) in Europe, the in-house TAX Token was developed in 2019 for the purpose of corporate financing.
As of August 2021, Blockpit GmbH was officially transformed into public limited company Blockpit AG and existing TAX Tokens were converted into equity shares.
In July 2021, a Series A in the amount of over 10 million US dollars was also achieved.
Blockpit's goal is to strengthen trust in the blockchain-based financial market as well as to offer a significant increase in efficiency through standardized crypto software solutions.
You can find more about Blockpit as a company here.
Tax tracking and reporting application
Our tax tracking and reporting solution enable crypto traders and investors to seamlessly document their trading transactions within a web application in order to meet the strict compliance requirements of different countries.
Blockpit Cryptotax takes into account all types of income relevant for crypto traders and investors (staking, lending, mining, airdrops, bounties, futures & margin trading, etc.) and allows for
- Automated data import of crypto transactions
- Portfolio- and tax tracking
- Identification of tax-free asset tranches
- Calculation and download of crypto tax reports (PDF)
In addition to the tax reporting software, Blockpit also offers a KYT (Know Your Transaction) solution for anti-money laundering measures of financial service providers, as well as detailed proofs of origin.