Cryptiony

Cryptiony is a software company specializing in cryptocurrency tax solutions, founded in 2021 by CEO Bartosz Milczarek, CMO Hanna Milczarek, and CTO Krzysztof Dworakowski. The founding team combines extensive experience in IT systems for the financial and blockchain sectors, through Bartosz and Krzysztof, with Hanna's expertise in accounting and finance, directly addressing the complexities of crypto taxation.

The firm operates a platform designed to automate and simplify tax calculations and reporting for digital assets. It serves a broad client base that includes individual investors, professional traders, and tax professionals. The business model is subscription-based, offering a service that aims to be both affordable and accessible. Initially establishing a market presence in Poland, the company has strategically expanded, opening a London office in 2022 to target the UK as a primary market for European growth.

The core service is a platform that connects directly to cryptocurrency exchanges and blockchains through APIs to pull transaction data automatically. This allows the software to generate comprehensive tax liability reports that comply with complex tax regulations, such as the UK's share pooling rules. The system is built to handle intricate scenarios including DeFi loans, on-chain DEX transactions, NFTs, and staking rewards. One of its key features is the speed of data synchronization, which significantly reduces the time required to import transaction history from major exchanges compared to competing tools. The platform supports over 400 exchanges, wallets, and protocols, providing users with a dashboard to track their portfolio performance across CeFi, DeFi, and NFTs.

After its founding, the company was bootstrapped until it secured a €500,000 pre-seed financing round in early 2023, led by ff Venture Capital. This capital was earmarked for its UK market launch and further development of the platform, including adding new features and integrations. The company gained early recognition, being named “Startup of the Year 2021” at the Invest Cuffs 2022 conference.

Keywords: crypto tax software, cryptocurrency tax automation, digital asset taxation, tax reporting platform, blockchain accounting, DeFi tax, NFT tax, crypto portfolio management, Bartosz Milczarek, Hanna Milczarek, Krzysztof Dworakowski, share pooling rules, crypto tax compliance, financial software, fintech, Lodz startup, UK crypto market, API integration, capital gains crypto, staking tax