Blockchain analytics company Glassnode was acquired by competitor Accointing, allowing cryptocurrency tax software supplier Blockpit to increase its presence in the United Kingdom.The deal sum was not disclosed by the Linz, Austria-based corporation.Florian Wimmer, the CEO of Blockpit, clarified in an email that the transaction was “multi-million dollar”.
According to Blockpit, it will now be able to provide services to clients located in the UK by utilizing“a close public-private partnership with U.K. authorities, as well as with a wide range of leading CPAs,” in an emailed announcement on Tuesday.
The purchase was made more than three years after Blockpit and the German company Crypto Tax merged.