YZi Labs led the investment, FinTax completed its Seed round financing, and entered into a long-term ecological collaboration with YZi Labs

BlockBeats News, August 27th - Cryptocurrency financial and tax solutions provider and its AI infrastructure provider FinTax announced the completion of a Seed Round financing, led by YZi Labs (through EASY Residency S4), with participation from Amber, Hash House, Pundi AI, Waverider International, Nexus Holdings, resulting in a post-investment valuation of $40 million. Previous round investors include Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao.

YZi Labs has been actively involved in stablecoins, RWAs, payments, and institutional-grade digital asset infrastructure in recent years. Leveraging FinTax's expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practices, and crypto asset financial audits, the two parties will collaborate on institutional financial and tax infrastructure, compliance standards, stablecoins, RWAs, payments, and other emerging scenarios to strengthen the connection between FinTax, YZi Labs, and their ecosystem partners.

Following this financing round, FinTax will accelerate the scaling of its five major product lines, expanding its business from the Asia-Pacific and North American regions to the European and Middle Eastern markets, and deepening the application of AI in complex tax and financial scenarios. The theme of the next decade is the alignment of blockchain and legal systems. FinTax will continue to promote a dual iteration of blockchain and legal systems in dozens of jurisdictions, enabling on-chain economic activities to access the real-world tax and financial systems, moving blockchain from technical consensus to societal consensus.