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Crypto Tax Startup Gets Backing From Haun Ventures

TaxBit helps people reporting crypto gains (and losses), and calls this the “year of regulation.”

A TAXbit booth during the Bitcoin 2022 conference in Miami, Florida.

A TAXbit booth during the Bitcoin 2022 conference in Miami, Florida.

Photographer: Eva Marie Uzcategui/Bloomberg

TaxBit Inc., a provider of cryptocurrency tax and accounting software, plans to announce Tuesday that Haun Ventures is a strategic investor in the startup—an announcement that comes as digital currencies face increasing regulatory pressure. 

TaxBit joins a wave of early investments by Haun Ventures, a venture capital firm launched in March by former federal prosecutor Katie Haun. Haun founded the firm after leaving Andreessen Horowitz as a general partner and raising $1.5 billion for the new project. Haun Ventures has already backed nonfungible token platform Autograph, NFT marketplace OpenSea, blockchain startup Aptos and crypto lender Moonwell.