Glassnode sells Bitcoin tax software to Blockpit

Cryptocurrency intelligence company Glassnode has announced that it will abandon projects related to cryptocurrency taxation and instead focus on new solutions for institutional investors and DeFi. On November 6th, Glassnode announced the sale of its cryptocurrency tax platform, Accointing, to European cryptocurrency compliance provider Blockpit. A spokesperson stated that Glassnode will exit the cryptocurrency taxation field by selling Accointing to Blockpit, allowing the company to focus on providing new intelligent solutions for institutional clients in the digital asset space.