TrustSwap Partners with CryptoCFOs to Enhance Crypto Tax and Accounting Access
The collaboration between TrustSwap and CryptoCFOs aims to strengthen the financial foundation of emerging projects by providing them with expert insights from leading financial professionals. As regulations surrounding crypto assets become increasingly intricate, businesses in the sector require a supportive community to remain competitive, according to CEO Taylor Zork of CryptoCFOs.
CryptoCFOs and TrustSwap Collaboration Details
CryptoCFOs, a prominent community focused on tax and accounting for CPAs, accountants, tax preparers, and CFOs in the crypto domain, has unveiled its partnership with TrustSwap, a decentralized finance (DeFi) ecosystem. TrustSwap’s product, ‘Team Finance,’ boasts over $500 million USD in Total Value Locked and is designed to enable anyone to launch a crypto token without any coding expertise. Through this partnership, new projects utilizing TrustSwap’s Launchpads will gain access to the CryptoCFOs network, which is intended to bolster the financial viability of these startups through education and professional support.
Support for Early-Stage Crypto Projects
Jeff K, the CEO of TrustSwap, highlighted that many early-stage projects face significant hurdles due to limited access to accounting and tax specialists knowledgeable in crypto assets. The resources offered by the CryptoCFOs community will facilitate connections with top-tier professionals globally, enhancing the likelihood of long-term success for these ventures.
Global Community of Finance Professionals
CryptoCFOs comprises accounting, tax, and finance experts from over 12 countries, ensuring that new projects receive strategic advice from those well-versed in the crypto and web3 landscape. The community’s mobile app and web platform enable web3 startups to engage in meaningful discussions and educational opportunities, anytime and anywhere. TrustSwap’s Launchpads have successfully launched over 45 projects, raising upwards of $50 million for startups venturing into the cryptocurrency arena.
Educational Resources for Crypto Professionals
“The landscape of crypto asset regulation is constantly changing, and navigating the blockchain space can be challenging,” stated Taylor Zork, CPA and CEO of CryptoCFOs. He emphasized the importance of community resources to help businesses maintain relevance. CryptoCFOs promotes the advancement of current financial professionals in the crypto sector through weekly discussions, a repository of over 50 educational videos, office hours, and active dialogue among members.
Ensuring Success in the Evolving Crypto and Web3 Space
The alliance between TrustSwap and CryptoCFOs is poised to significantly benefit newly established projects within the TrustSwap ecosystem by equipping them with essential resources to thrive in the dynamic world of crypto and web3.
About CryptoCFOs
Founded in 2021, CryptoCFOs is a community dedicated to accountants, tax preparers, savvy investors, and professionals in the crypto industry who aim to expand their practices or establish themselves in the rapidly evolving financial landscape. The initiative empowers industry experts to attract clients, develop profitable remote practices, and achieve success in this fast-growing sector.
About TrustSwap
TrustSwap is a DeFi ecosystem that has secured over $500 million USD within its ‘Team Finance’ product, which allows users to create crypto tokens without any coding knowledge. The TrustSwap app, known as ‘The Crypto App,’ serves as a portfolio tracker and news portal, currently boasting over 4.5 million users. Additionally, TrustSwap’s Startup incubator, ‘Launchpads,’ has facilitated the launch of more than 45 projects and has raised over $50 million for startups aiming to enter the cryptocurrency market.
