Binocs raised $4 million in seed led by BEENEXT

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Binocs raised $4 million in seed led by BEENEXT

Crypto taxation and Web3 portfolio tracking platform Binocs raised $4 million in seed led by BEENEXT where Arkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures, and Better Capital also participated.

Binocs aims to make tax and compliance easier for Indian retail cryptocurrency investors. The startup simplifies crypto investors’ accounting and aggregates various Web3-based investments such as NFTs, DeFi Protocols, and Smart Contracts. The funds will be used to expand the startup’s product, engineering, growth, and marketing teams. It is also expanding its operations in the United States, the United Kingdom, South Africa, and Australia, and it is targeting institutional investors.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Crypto taxation and Web3 portfolio tracking platform Binocs raised $4 million in seed led by BEENEXT where Arkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures, and Better Capital also participated.

Binocs aims to make tax and compliance easier for Indian retail cryptocurrency investors. The startup simplifies crypto investors’ accounting and aggregates various Web3-based investments such as NFTs, DeFi Protocols, and Smart Contracts. The funds will be used to expand the startup’s product, engineering, growth, and marketing teams. It is also expanding its operations in the United States, the United Kingdom, South Africa, and Australia, and it is targeting institutional investors.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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