Odaily Planet Daily News Encrypted accounting and tax startup Node40 announced the completion of $12 million in financing, led by Card1Ventures. The new financing will be used to accelerate its tool product development and expand the size of its IT team, while also strengthening its cooperation with regulators.
According to reports, Node40 mainly provides enterprise-level digital asset accounting and taxation services for large investment consultant management companies, ensuring that relevant reporting, evidence collection, auditing, and tax accounting information meet the requirements of regulatory agencies. (Biz Journals)
Prior to the news on April 20, Gary Cardone, the co-founder and former CEO of Chargeback911, invested $4 million in Node40 through Card1Ventures. Leveraging the investment from Card1Ventures, Node40 is poised to expand and refine its existing suite of blockchain infrastructure solutions.