Cryptocurrency tax compliance solution Binocs completes $4 million funding, led by BEENEXT and Arkam

Chain Catcher News, the crypto tax compliance solution Binocs has announced the completion of a $4 million financing round, led by BEENEXT and Arkam, with participation from Accel, Saison Capital, Premji Invest, Blume, and Better Capital. The funds raised will be used for expansion in markets such as the United States, the United Kingdom, and Australia, as well as for product development and iteration. It is reported that Binocs can currently provide tax reports within 30 minutes, and the company plans to start charging in the next phase. (Forbes)