Venture
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1 day agoFireblocks acquires crypto accounting platform TRES Finance for $130 million | Fortune
Fireblocks acquired TRES Finance for $130 million in cash and equity to add crypto accounting and treasury management capabilities.
The firm specializes in fixing errors that automated crypto tax software misses. Research shows that 90% of the time, crypto tax software overestimates capital gains because it misclassifies DeFi transactions, NFT mints, liquidity pool activities, and cross-chain bridges. What sets them apart is their flat-rate pricing model. Most accounting firms charge $300-500 per hour, but Crypto Tax Made Easy provides transparent quotes upfront. No surprise bills at tax time.