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Encrypt accounting and tax start-up Node40 completes $12 million financing, led by Card1Ventures.

2023-08-12 02:06
Odaily News - Node40, a startup specializing in encrypted accounting and taxation, has announced the completion of a $12 million financing round led by Card1Ventures. The new funding will be used to accelerate the development of their tool products and expand their IT team, as well as strengthen their cooperation with regulatory authorities.



Node40 primarily provides enterprise-level digital asset accounting and taxation services for large investment advisory firms, ensuring that relevant reporting, evidence, audit, and tax accounting information meet regulatory requirements. (Biz Journals)



Previously, on April 20th, Chargeback911 co-founder and former CEO Gary Cardone invested $4 million in Node40 through Card1Ventures. With the investment from Card1Ventures, Node40 is ready to expand and improve its existing suite of blockchain infrastructure solutions.