Glassnode acquires crypto tax and portfolio platform Accointing.com

Quick Take

  • Onchain market intelligence provider Glassnode has acquired crypto tax and portfolio platform Accointing.com.
  • The financial terms of the deal were not disclosed.

Blockchain market intelligence provider Glassnode acquired crypto tax and portfolio tracking platform Accointing.com. Financial terms of the deal weren't disclosed in a press release.

Glassnode is a blockchain data and intelligence provider focused on on-chain and financial metrics. It hasn't publicly announced any venture funding. Data analytics firm Messari, a competitor, is said to be valued at around $300 million and recently raised $35 million in a Series B round led by Brevan Howard Digital.

Funding data from Accointing.com is also not publicly available.

Glassnode said the deal will allow users of both platforms to track their portfolios in one place once Accointing.com is integrated. Until then, users will be able to access both platforms using the same login.

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The acquisition continues a trend of high of elevated M&A activity in the data and analytics space. The third quarter saw seven deals involving such companies, the second highest total since The Block Research started tracking acquisitions.  

Blockchain M&A deals from The Block Research

 


© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Kari McMahon is a deals reporter at The Block covering startup fundraises, M&A, FinTech and the VC industry. Prior to joining The Block, Kari covered investing and crypto at Insider and worked as a python software developer for several years. For inquiries or tips, email [email protected]

Editor

To contact the editor of this story:
Larry DiTore at
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