Toku, a crypto payroll compliance company, has completed a $20 million financing round, with participation from Blockchain Capital, Orrick, Alchemy, GMJP, OrangeDAO, Reverie, Quantstamp, Next Web Capital, Protocol Labs founder Juan Benet, Cameron, Tyler Winklevoss and others.
The company aims to help crypto companies deal with tax laws for token-related salary payments. It claims to have created a system in dozens of countries to track crypto-related tax laws and regulations. It currently has 30 customers, including Filecoin Foundation, Gitcoin, etc. (Fortune)
