YZi Labs leads FinTax's seed round, establishing long-term ecosystem collaboration

Odaily Planet Daily News: FinTax, a provider of cryptocurrency financial and tax solutions and their AI infrastructure, has announced the completion of its seed round of financing, led by YZi Labs (through EASY Residency S4), with participation from Amber, Hash House, Pundi AI, Waverider International, and Nexus Holdings, at a post-investment valuation of $40 million. Previous round investors include Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao.

In recent years, YZi Labs has been consistently expanding its presence in stablecoins, RWA, payments, and institutional-grade digital asset infrastructure. Leveraging FinTax's expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practices, and crypto asset financial auditing, both parties will explore long-term ecosystem collaboration centered on institutional-grade financial and tax infrastructure, compliance standards, and emerging scenarios such as stablecoins, RWA, and payments.

Following the completion of this financing round, FinTax will accelerate the scaling of its five major product lines, expand its business from Asia-Pacific and North America into European and Middle Eastern markets, and deepen the application of AI in complex financial and tax scenarios. FinTax will continue to drive dual iteration of blockchain and legal systems across dozens of jurisdictions, connecting on-chain economic activities with the real-world financial and tax framework.