Blockpit
Blockpit is an Austria-based crypto tax and portfolio tracking software platform serving individual investors, tax advisors, and crypto exchanges across 100+ countries. It automates country-specific tax report generation through 700+ exchange and wallet integrations, and operates as a subsidiary of Bitpanda following its 2024 acquisition.
- Company typePrivate
- Founded2017
- HeadquartersLinz, Austria
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Blockpit does
Blockpit is an Austria-based crypto tax and accounting software platform headquartered in Linz, founded in 2017. The company provides automated cryptocurrency tax calculation, country-specific tax report generation, and portfolio tracking for individual crypto investors, tax advisors, and crypto platforms across 100+ countries, with localized portals for 16+ markets across Europe, North America, and other regions.
The platform's core technology combines a crypto tax calculation engine with blockchain transaction analysis that ingests data via API connections to 700+ exchanges and wallets, CSV uploads, and public blockchain wallet addresses. It applies country-specific tax rules (FIFO method, holding period tracking, tax-loss harvesting) to generate audit-ready PDF and CSV tax reports, and offers additional modules including tax optimization, source-of-funds attestation, and holding period tracking. The infrastructure is hosted on dedicated hardware in Austria with AES-256-GCM encryption, distinguishing it from cloud-hosted competitors on data security.
Blockpit operates a product-led growth go-to-market model with a freemium portfolio tracker as the top-of-funnel entry point, monetizing through per-tax-year tax report licenses (starting at €49), an annual Blockpit Plus premium subscription, and paid source-of-funds attestation services. Customer segments include individual crypto investors (primary), tax advisors and accountants, and enterprise integrations with exchanges and hardware wallet providers (Ledger, Bitpanda, Bitavo, BitMEX, Bit2Me, Relai). The company has executed two acquisitions (CryptoTax in 2020, Accointing from Glassnode in 2023) and was itself acquired by European crypto trading platform Bitpanda in July 2024, continuing to operate as a subsidiary focused on crypto tax compliance.
Blockpit firmographics
Firmographics- Name
- Blockpit
- Legal name
- Blockpit AG
- Website
- https://blockpit.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Blockpit is an Austria-based crypto tax and portfolio tracking software platform serving individual investors, tax advisors, and crypto exchanges across 100+ countries. It automates country-specific tax report generation through 700+ exchange and wallet integrations, and operates as a subsidiary of Bitpanda following its 2024 acquisition.
- Ownership category
- akta.pro rank
Blockpit industry classification
Industry- Product category
- Crypto Tax Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)
- akta.pro secondary industry
- Blockchain Analytics & Transaction Monitoring (FSADALAB)
Keywords
Where Blockpit is headquartered
LocationHeadquarters
- HQ city
- Linz
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
Blockpit business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Tax Report Licenses: Customers purchase licenses to generate tax reports for specific tax years. Reports can be purchased for current or retroactive years. Pricing is based on the number of transactions in each tax year.
- Blockpit Plus Subscription: Annual subscription providing access to additional premium features within the Blockpit application for a 12-month period.
- Proof of Funds Origin: Customers can request consolidated proof of funds origin for specific transactions as a separate paid service.
- Portfolio Tracking (Free): Free portfolio tracking service with limited functionality, driving conversion to paid tax report services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free portfolio tracking with basic features |
| Subscription | Pay-as-you-go | Tax Report Generation - Starting Price |
| Subscription | Annual | Blockpit Plus - Premium Annual Subscription |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Blockpit product offering
Product offeringCore offering
Blockpit provides crypto tax calculation and portfolio tracking software that automatically imports transactions from 700+ exchanges and wallets via API, CSV uploads, or public blockchain wallet addresses, then generates tax-compliant reports for 100+ countries. The platform serves individual crypto investors and tax professionals with automated tax calculation, tax optimization through loss harvesting, holding period tracking, and proof of funds documentation, with specialized support for European markets.
Product overview
Blockpit is a crypto tax software platform that offers a suite of integrated products for cryptocurrency tax compliance and portfolio management. The core offering consists of the Crypto Tax Calculator, which is the primary product for tax-compliant transaction analysis and report generation, supported by the Crypto Portfolio Tracker for ongoing asset monitoring. Additional value-added modules include Crypto Tax Optimizer for tax-loss harvesting and optimization, Blockpit Plus as a premium subscription tier, and Source of Funds for proof of funds documentation. The platform supports tax reporting across 100+ countries with country-specific solutions for major markets including the US, UK, Germany, Austria, Switzerland, France, Spain, Netherlands, and Belgium.
Differentiator
Problem solved
Functional benefit
Brands
- Cryptotax: Crypto tax reporting software platform supporting multiple countries and various crypto activities.
Products and services
- Crypto Tax Calculator The core Blockpit product that enables users to track, analyze, and calculate cryptocurrency transactions in a tax-compliant manner, generating ready-to-file PDF and CSV tax reports for 100+ countries based on official country-specific tax rules.
- Crypto Portfolio Tracker Standalone portfolio tracking product providing real-time overview of all crypto assets held across exchanges and wallets, tracking holdings on a daily basis including support for airdrops, lending, staking, masternodes, mining, and bounties.
- Source of Funds Separate paid service that provides consolidated proof of funds origin for specific cryptocurrency transactions, helping users document the legitimacy of their crypto holdings for compliance and audit purposes.
- Tax Report Generation License-based service allowing users to generate tax reports for specific tax years, available for purchase for current or retroactive past tax years, with pricing starting from €49 per tax year based on the number of transactions.
Quantifiable outcome
- Trustpilot rating of 4.5 (Excellent) based on customer reviews
Companies that use Blockpit
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Blockpit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability1 record
Feature5 records
Blockpit partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and major.
- LedgercoreHardware wallet partnership allowing Ledger users to connect their wallets to Blockpit for transaction tracking and tax calculation.
- BitpandacoreIntegration partnership with the European crypto platform, now also the parent company following acquisition in July 2024.
- WISO SteuercoreDirect integration with German tax software WISO Steuer allowing seamless transfer of tax reports for filing with German tax authorities.
- Accointing (Glassnode)majorBlockpit acquired rival crypto tax platform Accointing from Glassnode in November 2023 for a multi-million dollar amount. The acquisition enabled user migration from Accointing to Blockpit and strengthened Blockpit's position in the European crypto tax market.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Blockpit competitors and assessment
Company assessmentDirect peers
- Koinly: Koinly is one of the leading global crypto tax calculators, supporting integrations with hundreds of exchanges and wallets across many jurisdictions. It directly competes with Blockpit in retail and tax-advisor crypto tax reporting.
- CoinTracker: CoinTracker is a US-headquartered crypto portfolio tracking and tax reporting platform with broad exchange/wallet coverage. It competes head-to-head with Blockpit for retail crypto investors, particularly in the US market.
- CoinLedger: CoinLedger (formerly CryptoTrader.Tax) is a US-based crypto tax software platform that automates tax report generation across exchanges and wallets. It is a direct competitor to Blockpit's tax-reporting core product.
- TokenTax: TokenTax is a US-based crypto tax software with strong DeFi and NFT coverage and professional tax-advisor services. It overlaps with Blockpit's tax-advisor segment and full-feature crypto tax reporting.
- ZenLedger: ZenLedger is a US-based crypto tax and accounting platform serving both individual investors and tax professionals. It is a direct competitor in automated crypto tax report generation.
- Divly: Divly is a European (Nordic-rooted) crypto tax calculator offering automated tax reports across multiple countries. It overlaps closely with Blockpit's European consumer and tax-advisor offering.
- CryptoTaxCalculator: CryptoTaxCalculator (now part of CoinLedger) is an Australia-headquartered crypto tax software with strong multi-jurisdiction support. It is a direct competitor to Blockpit in retail crypto tax reporting.
- Accointing: Accointing was a Swiss-based crypto tax and portfolio tracking platform previously owned by Glassnode and acquired by Blockpit in November 2023. Historically a direct peer, now operated under Blockpit's umbrella.
- Bitcoin.tax: Bitcoin.tax is a long-standing US-based crypto tax calculation service supporting many exchanges and producing reports for US, Canadian, and other tax filings. It directly overlaps Blockpit's per-tax-year report offerings.
Broad incumbents
- TurboTax (Intuit): TurboTax is a dominant mass-market consumer tax preparation platform that has added crypto tax import features. While not a pure-play crypto tax vendor, it is a broad incumbent that could disintermediate dedicated crypto tax tools like Blockpit at the consumer filing stage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Blockpit social profiles
Digital presenceBlockpit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blockpit leadership team
Management profileNumber of profiles
Profiles5 records
Blockpit subsidiaries and ownership
Company hierarchySubsidiaries1 record
Blockpit funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blockpit M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Blockpit
What does Blockpit do?
Blockpit provides crypto tax calculation and portfolio tracking software that automatically imports transactions from 700+ exchanges and wallets via API, CSV uploads, or public blockchain wallet addresses, then generates tax-compliant reports for 100+ countries. The platform serves individual crypto investors and tax professionals with automated tax calculation, tax optimization through loss harvesting, holding period tracking, and proof of funds documentation, with specialized support for European markets.
Is Blockpit a public or private company?
Blockpit is a private company. It is classified as corporate owned and is currently operating.
When was Blockpit founded?
Blockpit was founded in 2017. It employs 11 to 50 people.
Where is Blockpit based?
Blockpit is headquartered in Linz, Austria, in the Europe region.
How does Blockpit make money?
Four revenue lines are on record. Tax Report Licenses are the primary driver. The others are blockpit Plus Subscription, proof of Funds Origin and portfolio Tracking (Free).
Who are Blockpit's main competitors?
Direct peers on record are Koinly, CoinTracker, CoinLedger, TokenTax, ZenLedger, Divly, CryptoTaxCalculator, Accointing and Bitcoin.tax. TurboTax (Intuit) is listed as a broad incumbent.
Does Blockpit have an API?
Yes. Blockpit provides API integration capabilities allowing users to import transaction data from exchange platforms and wallets. The platform supports data imports via API interface, blockchain import via wallet address, or CSV-Excel file upload. Exchange API keys are integrated with read-only access for security.
What industry is Blockpit in?
Blockpit's product category is Crypto Tax Software. Its primary akta.pro industry code is FSAPAJAI, Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance), with a secondary code of FSADALAB, Blockchain Analytics & Transaction Monitoring. Its NAICS code is 52232 and its SIC code is 6199.