TokenTax is a specialized software platform designed to simplify cryptocurrency tax reporting for individuals, investors, and accounting professionals. It offers tools for calculating capital gains and losses from crypto transactions across various exchanges and wallets, and generating tax reports compatible with IRS requirements. Founded in 2017, TokenTax gained recognition for its comprehensive support for DeFi, NFTs, and complex transaction histories. In July 2024, TokenTax was acquired by CoinLedger, a move set to combine the strengths of both platforms to offer enhanced crypto tax solutions to a broader user base.
Served as the official corporate address for TokenTax, supporting administrative, legal, and strategic operations. It also acted as a touchpoint in a major financial hub for potential partnerships and industry engagement.
As a tech-focused company, TokenTax likely utilized modern, flexible office solutions in New York, such as co-working spaces or shared offices, emphasizing connectivity and collaboration rather than large, distinct architectural features. Specific details are not widely publicized, consistent with companies that also support remote work.
TokenTax fostered an innovative and agile work culture, typical of startups in the cryptocurrency and fintech space. It emphasized expertise in complex tax scenarios and customer-focused solutions, likely with a blend of in-person collaboration (when based in NY) and remote work flexibility for its team.
Its New York presence placed TokenTax within a leading global financial and technological ecosystem, beneficial for networking, talent acquisition, and staying at the forefront of the evolving digital asset industry.
TokenTax provided its cryptocurrency tax software and services to users globally, supporting a wide range of international exchanges and wallets. Its platform was designed to help users navigate crypto tax obligations in various jurisdictions, with a strong focus on the US market. Following its acquisition by CoinLedger, this global reach is expected to be maintained and potentially expanded under the new combined entity.
205 E 42nd St
New York
NY
USA
Address: TokenTax operated with a primary hub in New York and supported a distributed, remote workforce.
Service delivery was primarily digital, catering to a global user base for cryptocurrency tax needs without reliance on numerous physical locations.
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As of April 2025, TokenTax' leadership includes:
TokenTax has been backed by several prominent investors over the years, including:
The most significant development impacting the TokenTax executive team is the company's acquisition by CoinLedger in July 2024. Key TokenTax leadership and team members, including co-founders Alex Miles and Zac McClure, are slated to join CoinLedger. This represents a transition of the executive team from an independent TokenTax to roles within the acquiring company. No other major independent executive hires or exits at TokenTax were prominently reported in the 12 months leading up to the acquisition.
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TokenTax appeared to use a direct email format for its key personnel, specifically the [first name]@[companydomain] structure. This is a common pattern for startups aiming for accessible communication. Other standard business formats like [firstinitial][last] or [first].[last] might have been used for other employees, but [first]@tokentax.co was a known pattern.
[first]@tokentax.co
Format
alex@tokentax.co
Example
80%
Success rate
CoinLedger Blog • July 18, 2024
CoinLedger announced its acquisition of TokenTax, a prominent player in the crypto tax software space. The acquisition aims to combine the strengths of both companies, integrating TokenTax's team, including co-founders Alex Miles and Zac McClure, and technology into CoinLedger to provide a more comprehensive and user-friendly crypto tax solution....more
CryptoNinjas • February 1, 2023
TokenTax announced its integration with Cronos, enabling users to more easily incorporate their Cronos blockchain transactions for DeFi tax reporting. This expanded TokenTax's extensive list of supported blockchains and exchanges, simplifying the tax process for DeFi users....more
PRNewswire • October 19, 2022
TokenTax launched a new tool designed to help NFT investors identify tax loss harvesting opportunities within their NFT portfolios. This addressed a growing need for specialized tax tools in the rapidly evolving digital asset space....more
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