BitGo and Ledgible Team Up for Comprehensive Tax Obligation Cryptocurrency Solutions for Institutional Users
In a strategic move to address the increasing demand for integrated tax and accounting solutions in the digital asset industry, Ledgible and BitGo have joined forces. This partnership aims to provide BitGo's clients with end-to-end digital asset tax compliance solutions, easing the complexity of managing digital asset tax obligations.
The collaboration enables BitGo users to shift their focus from tax compliance issues to innovation and growth in digital assets. BitGo clients now have direct access to Ledgible's platform, which offers comprehensive tax lifecycle support, including cost basis tracking, Form 1099 generation, and regulatory reporting.
Ledgible's solutions are designed to meet the needs of enterprises, fund managers, and financial institutions, ensuring visibility and compliance across the full digital asset lifecycle. This includes managing staking, trading, or custody.
Chen Fang, the Chief Revenue Officer at BitGo, stated that the partnership equips BitGo's clients with integrated tax and accounting solutions that meet today's compliance standards and scale with tomorrow's innovation. Kell Canty, CEO of Ledgible, reiterated that tax compliance is no longer a post-trade afterthought but a core component of the digital asset ecosystem.
This partnership reinforces BitGo's commitment to helping institutions navigate complex regulatory requirements without slowing down growth or operational agility. It also underscores the growing importance of robust, auditable tax infrastructure in the digital asset space.
With this partnership, BitGo clients gain a seamless path from custody of digital assets to compliant tax reporting, enabling confidence and scalability in their digital asset operations while staying aligned with institutional tax compliance requirements.
[1] Ledgible's partnership with BitGo ensures a seamless path from secure custody to compliant tax reporting for institutions. [3] Together, BitGo and Ledgible are building a more complete digital asset infrastructure that is secure, scalable, and ready for regulatory scrutiny.
[1] As the digital asset industry continues to grow, this partnership between BitGo and Ledgible offers a financially secure and technologically advanced solution for businesses seeking integrated tax and accounting compliance.
[2] By combining BitGo's secure custody services with Ledgible's comprehensive tax lifecycle support, this collaboration allows businesses to focus on innovation and growth, while ensuring compliance with current and future regulatory requirements.
