1/ Most crypto founders are operating with ZERO legal protection.
No entity. No bank. Personal assets on the line if anything goes wrong.
Here’s how to fix that in a weekend — fully onchain 🧵
4/ The stack that unlocks revenue:
LLC, then EIN, then bank, then invoice from the entity.
Do it before the first serious client, not after tax season forces it.
The #1 thing crypto founders skip: the EIN.
No EIN = no US bank, no Stripe, no clean taxes.
We file it for you. Even if you're not in the US and don't have an SSN.
Wyoming vs Delaware for your crypto startup:
• Wyoming → privacy, low cost, great default
• Delaware → if you're raising from US VCs
Not sure? Start with Wyoming. You can always add a Delaware C-corp later.
You can get a US LLC EIN without an SSN.
Non-US founders hear the opposite every week.
Wrong. The IRS lets foreign owners do it — the process just isn't online. 🧵
5/ At OtoCo, we file EINs for founders every week — including the foreign-owner route with no SSN.
Form the LLC. Get the EIN. Open US banking. Without flying to the US.
4/ The gap: most onchain entities are NOT keeping up with compliance/renewals. If that's you, you may be operating an LLC that's lapsed. Fix it 👇
https://t.co/TL9JjIuYT1