Bittax

Bittax is a cutting edge platform for cryptocurrency taxation & AML solutions. The company was founded in 2017 and operates within the B2B, Crypto, and Fintech industries. Bittax has developed a revolutionary, blockchain-based Crypto Data Analysis Platform (CDAP) to bridge the regulation gap between traditional tax and AML practices and the crypto industry. The platform enables the use of real Blockchain Native Decentralized Data to ensure a clean and safe regulated environment for crypto transactions. With 3 years of development and bootstrap funding, Bittax has successfully deployed its products, generating over $3 million ILS in income. The company currently has a 14 employee headcount and operates within an AWS environment with over 150 machines. They have also developed unique patent-pending technologies and have implemented a training program with over 14 foreign tax authorities. Notably, Bittax has received a Pre-Ruling from the Israeli tax authority for worldwide crypto exchanges. The company's solutions enable the most restrictive level of AML and tax compliance, making crypto fully traceable for regulatory requirements while maintaining privacy and security. Bittax has received a significant $3.00 million Pre-Seed Round investment on 01 January 2018, demonstrating investor confidence in their innovative approach to cryptocurrency taxation and AML solutions.