Raiffeisen Bank International Invests Millions in Austrian Crypto Tax Software
Raiffeisen Bank International (RBI), through its venture capital arm Elevator Ventures, invested millions of euros in Blockpit, an Austrian startup specializing in crypto asset taxation.
Blockpit, headquartered in Linz and led by CEO Florian Wimmer, recently announced it had achieved profitability in 2024, making it an attractive target for investors seeking to capitalize on the growing demand for compliant crypto services.
The exact amount of RBI’s investment, as well as Blockpit’s valuation, remain undisclosed.
Blockpit’s Expansion Plans: Eastern Europe and Beyond
Blockpit will use the investment to expand into new European markets, specifically in Eastern Europe.
The company will also develop tools for proving the origin of funds for bank withdrawals and crypto exchange transfers.
Blockpit was founded in 2017 and currently employs 30 people. In 2021, the company raised $10 million in a Series A round led by MiddleGame Ventures.
In November 2023, following its 2020 merger with German competitor CryptoTax, Blockpit also acquired Swiss rival Accointing in a multi-million euro deal
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Hayden Davis launches WOLF coin despite being on Interpol notice
Hayden Davis, the alleged mastermind behind the controversial LIBRA and MELANIA token launches, has created a new cryptocurrency called WOLF.
The new launch is despite being the subject of an Interpol notice, according to blockchain analytics firm Bubblemaps.
In a detailed investigation conducted in collaboration with YouTube investigator Coffeezilla, Bubblemaps traced fund transfers revealing Davis as the creator of WOLF. This is a token that appeared to be associated with Jordan Belfort, a former stockbroker who inspired the Martin Scorsese film “The Wolf of Wall Street.”
“In collaboration with Coffeezilla, we exposed Hayden Davis as the mind behind LIBRA, MELANIA, and other tokens. We thought his days of launching tokens were over. But we were wrong,” Bubblemaps stated in their report.
Michael Saylor’s Strategy announced a $21 billion at-the-market offering of its Series A preferred stock (STRK), with proceeds primarily designated for additional Bitcoin purchases.
CEO Brian Armstrong announced plans to add approximately 1,000 U.S. employees in 2025. Yes, there’s current weakness, but President Trump is “breathing life back into the crypto industry,” he said.
Telegram founder Pavel Durov, detained in France since last August, was granted temporary permission to leave the country for Dubai, according to Agence France Presse
Emirati state-owned investment firm MGX announced a $2 billion minority stake in Binance
CEO Brian Armstrong announced plans to add approximately 1,000 U.S. employees in 2025. Yes, there’s current weakness, but President Trump is “breathing life back into the crypto industry,” he said.
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