On-chain and market data intelligence Glassnode has acquired Accointing.com, a crypto tax and portfolio tracking platform for an undisclosed amount.
According to the announcement, the acquisition combines the services provided by both companies to bring users more value than ever before.
Glassnode provides digital asset traders and investors with a comprehensive market intelligence suite, encompassing cutting-edge metrics across on-chain and crypto-financial data, delivered through intelligible and actionable charts.
Glassnode’s intelligence and insights are utilized by hundreds of thousands of investors daily, helping them navigate the intricate complexities of the crypto space.
The company’s ultimate mission – to build crypto’s leading market and portfolio intelligence platform that empowers investors to compound and protect their digital assets – is now one significant step closer to fruition thanks to the recent acquisition of Accointing.com.
Glassnode users can now take advantage of Accointing.com’s conveniently contextualized, holistic view of their portfolio assets across wallets and exchanges, as well as Accointing.com’s automated crypto tax compliance and reporting features.
“Accointing.com is one of the industry’s leading tax and portfolio tracking platforms with hundreds of thousands of users on web and mobile. Its precise tracking and tax reporting capabilities across decentralized and centralized services have made it a perfect companion for our path forward,” said the Glassnode Team.
With the integration of Accointing.com, users now have the ability to track their portfolio in a single holistic view, empowering investors to understand tradeoffs between new profitable opportunities, existing portfolio positions, and tax-optimized trades.
Integrating Accointing.com’s product lines with Glassnode will ultimately unlock the true value of market intelligence by contextualizing insights to users’ portfolios and helping them maximize their ROI.
In the coming months, Glassnode will combine the entire user journey – from market intelligence over portfolio management to tax-reporting compliance – in a single platform.
While currently, the portfolio tracking features are free for all users for unlimited transactions, the integration of the two platforms will eventually allow Glassnode users to create a personalized view of the market with respect to their specific investment strategies and portfolio holdings.