ChainCatcher news, according to biz journals, crypto accounting and tax startup Node40 announced the completion of $12 million in financing. This round of financing was led by Card1Ventures. The financing will be used to accelerate the development of its tool products and expand its IT team, while also strengthening its cooperation with regulatory authorities.

According to reports, Node40 mainly provides enterprise-level digital asset accounting and tax services for large investment advisory management companies to ensure that relevant reporting, evidence collection, auditing and tax accounting information meet the requirements of regulatory agencies.

According to encryption platform RootData, Node40 completed US$4 million in financing on April 19 this year.