FinTax completes Seed round financing, YZi Labs leads investment and reaches long-term ecosystem cooperation

PANews reported on August 27 that FinTax, a provider of cryptocurrency financial and tax solutions and AI infrastructure, announced the completion of its seed round financing, led by YZi Labs (through EASY Residency S4), with participation from Amber Group, Hash House, Pundi AI, Waverider International, and Nexus Holdings, at a post-money valuation of $40 million. Previous round investors included Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao.

In recent years, YZi Labs has continued to deploy in stablecoins, RWA, payments, and institutional-grade digital asset infrastructure. Leveraging FinTax's accumulated expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practice, and financial auditing of crypto assets, the two parties will explore long-term ecosystem collaboration around institutional-grade finance and tax infrastructure, compliance standards, and emerging scenarios such as stablecoins, RWA, and payments, further strengthening the ties between FinTax, YZi Labs, and its ecosystem partners.

After completing this round of financing, FinTax will accelerate the scaling of its five major product lines, expand its business from Asia-Pacific and North America to Europe and the Middle East, and deepen the application of AI in complex finance and tax scenarios. The theme of the next decade is the integration of blockchain with legal systems. FinTax will continue to promote the parallel iteration of blockchain and legal systems across dozens of jurisdictions, connecting on-chain economic activity to real-world finance, tax, and financial systems, and moving blockchain from technical consensus to social consensus.