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NFT News

Ledgible Revolutionizes NFT Space with Launch of NFT Suite

The suite is positioned to empower active investors, traders, funds, and others with robust tax and accounting software dedicated to NFTs.

Written By:
Mansi Sarvaiya

Last updated: June 30, 2023 11:35 AM
Published 2023-06-30
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Ledgible Revolutionizes NFT Space with Launch of NFT Suite

The preeminent digital asset tax, accounting, and data platform, Ledgible, has announced the launch of its newest offering – the NFT Suite. This suite is a comprehensive toolkit for NFT portfolio management, tax and accounting tracking, reporting, and strategic planning.

Ledgible has been recognized as the leading digital asset tax and accounting platform for institutions and enterprises. The NFT Suite reinforces this status by venturing into the rapidly expanding NFT space. The suite is positioned to empower active investors, traders, funds, and others with robust tax and accounting software dedicated to NFTs.

The NFT Suite promises seamless integration of NFT data with Ledgible’s flagship tax and accounting platforms. Users can easily manage and track their entire NFT portfolio 24/7 on a single platform.

“Our NFT Suite catapults Ledgible into the forefront of the NFT tax and accounting space, providing tools spanning the entire digital asset trading vertical, from the largest global funds and institutions to smaller investors” Kell Canty, CEO, Ledgible

The NFT Suite has been designed as an independent module within Ledgible’s industry-leading tax and accounting suite. It provides easy and native access to Ethereum-based NFT portfolios for funds, firms, investors, institutions, and professionals. The platform automatically tracks and presents key data such as realized and unrealized gain/loss for NFTs, as well as floor price and cost, enabling informed buying and selling decisions.

Ledgible’s launch of the NFT Suite creates a seamless link between NFT management and end-of-month accounting and tax season reporting. The company also cooperates with Tax Information Reporting professionals to offer 1099s for exchanges, protocols, and businesses in the digital asset realm.

Ledgible is renowned for its Digital Asset Tax and Accounting Platform, designed from scratch to streamline digital asset accounting. The platform, which is SOC 1 & 2 Type 2 certified, serves large banks, fintech providers, and digital asset and tokenization native companies. Ledgible operates across four key verticals – Tax Information Reporting, Digital Asset Data, Accounting, and Tax filing – using its underlying technology for native customization to suit any project within the digital asset data scope.

Also Read: CoinDCX Joins with KoinX to Simplify Crypto Tax Reporting

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Mansi Sarvaiya
Mansi, a skilled content writer with 2 years of strong experience, focuses on the latest in cryptocurrency, blending passion and insight to inform readers about current crypto trends.

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