Today I made one of the hardest decisions I've made as CEO. We reduced our team at CoinTracker by about a third.
The people leaving today built CoinTracker. They shipped through multiple crypto cycles, built the products millions of users rely on, and did the hardest work during the hardest years. I'm deeply grateful to them.
What's changing:
1. We're concentrating on what we do best. CoinTracker is the market leader in crypto tax compliance. Millions of users, hundreds of thousands paying, and deep partnerships with the platforms our users already trust. The job is far from done. We're investing to keep raising the bar for our users and the industry.
2. We're taking a focused shot at a bigger opportunity. We see a real chance to build AI-native products that go beyond crypto tax, serving a broader financial life.
3. We're shaping the team for what's next. AI is reshaping how software gets built, and the team we need from here is smaller, more focused, and AI-native from the ground up.
Every impacted employee is receiving 12 weeks of severance, 3 months of fully subsidized health care, equity cliff waivers, laptop retention, and a tax season bonus. If you're hiring and want to meet some of the sharpest people in crypto and fintech, reply to this post or DM me.
CoinTracker has years of runway, a strong balance sheet, and a clear focus: making crypto tax compliance seamless for users, exchanges, tax platforms, and tax professionals. We're not going anywhere. More on what's ahead in the coming months.
I've been deep in 1099-DAs while designing CoinTracker's new matching experience. There were a lot of small design decisions and tradeoffs to get it right.
As more tools start supporting these forms, here are a few things I'd recommend checking before you pick a tool and file.
Crypto taxes are harder this year. 1099-DAs are new, cost basis is showing up as "unknown," and it's stressful for hundreds of users we've spoken with.
Our goal this year was to give CoinTracker users peace of mind around 1099-DAs with just a few clicks in our product.
Here are the two biggest challenges we've heard from beginners and experienced traders and what we've built to help 👇
Making crypto legitimate and mainstream means taking the hardest problems and making them disappear for users.
Crypto taxes are one of the gnarliest – and we’re making them seamless.
Proud to partner with @coinbase to deliver this to millions of users.
https://t.co/YCIw94VYAg
@brian_armstrong@CoinTracker This is exactly the right moment to get ahead of it.
Crypto taxes are a gnarly problem, and Coinbase’s proactive approach around 1099-DA is a big step toward making crypto legitimate and durable at scale.
Proud to partner on this.
Tax season is here.
Two things to know:
- There’s a new tax form this year
- We’ve partnered with @CoinTracker to get you all the tools you need to make the process as easy as possible
Pay your taxes, folks.
This is what happens when founders build for themselves first.
@CoinTracker started because @ChandanLodha and @jon_lerner needed it. 8 years later, they're serving millions of users and just dropped a dope rebrand.
https://t.co/oDp6T6ED8a
Crypto tax season is about to get very real.
Millions of people will receive 1099-DAs they don’t understand, across exchanges they’ve forgotten about, with missing cost basis.
We launched our biggest brand campaign yet to meet people in that moment with clarity instead of noise.
Calm > chaos.
↓
Big milestone for crypto tax clarity.
💼 1099-DAs are here, the biggest shift in crypto tax reporting in a decade, and @CoinTracker is ready.
We rebuilt our platform to ingest, reconcile, and turn fragmented 1099-DA data into IRS-ready filings.
No surprises. No guesswork. Just confidence. 🚀
“It takes twenty years to build a reputation and five minutes to ruin it.” – Warren Buffett
In crypto, more than most spaces, trust isn’t optional. It’s the foundation.
Dreaming big about the next phase of crypto accounting at a recent dinner we hosted.
Joined by product builders, policy makers, storytellers, and core infrastructure providers.
Crypto CFO’s DM us to join the next one.
Ready to make crypto taxes seamless for the crypto industry as 1099-DAs go online in 2026 ✨ ✅
Thanks to all our partners & customers for trusting us to navigate this transition and to our team for obsessing over building the best products in the industry.
CoinTracker Enterprise's Broker Tax Compliance Suite is here.
A complete, crypto-native solution for the next era of digital asset reporting.
Trusted by industry leaders like @coinbase, CoinTracker Enterprise powers compliance for billions of transactions.
Great meeting with @EricTrump at the Wyoming @SALTConference. Impressed by his direct experience with crypto and taxes – and glad @CoinTracker could help simplify the process.