Web3 tax services company Tres Finance raises $11 million
Cryptocurrency tax startup Tres Finance raised $11 million in Series A funding. The investment was led by Lightspeed's new fund Faction, with participation from NewForm, Boldstart Ventures, CyberFund, and Ambush Capital. This funding brings Tres' total funding to $18.6 million. Tres provides accounting, auditing, reporting, and other financial services for web3 companies. The startup plans to use this funding to drive its growth, with the goal of expanding its customer base in the US, EU, and Asia-Pacific regions and increasing its customer base by 300% by the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sei Research Initiative Aims to Overcome EVM Limitations
Sei Labs and the Sei Foundation launch the Sei Research Initiative to address Ethereum Virtual Machine limitations, enhancing scalability and decentralization.
US Elections Propel $2.2B Inflows into Digital Assets, Bitcoin (BTC) Leads
The recent US elections have sparked $2.2 billion in inflows into digital assets, with Bitcoin and Ethereum witnessing significant activity, according to CoinShares.
Reimagining EVM Storage: Addressing Key Blockchain Challenges
Explore innovative solutions to optimize the Ethereum Virtual Machine (EVM) storage layer, tackling state bloat and high gas costs through advanced data structures and blockchain strategies.
Ethereum Opens Applications for Next Billion Fellowship Cohort 5
Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges.