BloxTax

What BloxTax does

BloxTax (legally Blox Financial Services Ltd., בלוקסטקס) is an Israeli crypto tax reporting and compliance company founded in 2017–2018 and headquartered in Ramat Gan. It operates a web-based SaaS platform at app.tieout.io that aggregates transaction data from dozens of centralized and decentralized crypto exchanges, wallets, DeFi protocols, NFT platforms, and leveraged trading venues, then applies Israeli Tax Authority-approved calculation methodologies (FIFO, LIFO, average cost) to generate compliant Form 1399, Form 1344, and capital declaration reports. Its core regulatory differentiator is the first and only Israeli Tax Authority approval for a centralized annual Form 1399 reporting format, validated in collaboration with EY Israel and Goldfarb Seligman & Co. law firm. The pricing engine for digital assets was separately recognized in the Israeli Tax Authority's 2018 ICO circular as a reliable fiat valuation source.

The company sells tiered annual subscriptions to individual crypto investors and traders — Hodler (₪450, up to 200 trades), Investor (₪900, up to 1,500 trades), Trader (₪1,500, up to 4,000 trades), and Premium (hourly ₪3,000, unlimited) — alongside separately billed professional services including full tax representation (₪2,000+), voluntary disclosure, banking approval letters, and tax-payment-with-crypto facilitation. For business clients — Israeli companies, investment funds, ICOs, and self-employed professionals engaged in crypto activity — BloxTax offers CFO services, Back Office/VP Finance, and dedicated accounting books management. Distribution is direct via the company website, organic Hebrew-language SEO and content marketing, and self-serve online registration, with professional services sold through direct expert-accountant engagement. The company claims thousands of customers and is described as the leading consulting firm in Israel for crypto taxation and compliance.

Name

BloxTax

Legal name

בלוקס פייננשל סרוויסס בעמ

Website

https://bloxtax.co.il

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

BloxTax is an Israeli SaaS and professional services firm that automates cryptocurrency tax reporting and compliance for the Israeli market. It holds the only Israeli Tax Authority approval for a centralized Form 1399 crypto tax format and serves individual investors, traders, and crypto-active businesses in Israel.

Ownership category

akta.pro rank

Product category

Crypto Tax Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Reconciliation, Ledgering & Money Movement Ops (Sub-ledgers, Settlement, Reporting) (FSAGALAL)

akta.pro secondary industry

Settlement, Reconciliation & Merchant Treasury Tools (Crypto) (FSADAIAK)

Keywords

• Crypto tax software
• Crypto tax reporting
• Digital asset compliance
• Tax accounting services
• Crypto regulatory reporting

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Software Subscription (Tax Reporting SaaS): Annual subscription plans (Hodler, Investor, Trader, Premium tiers) priced by number of trading operations per year. Includes crypto tax report generation, balance reports for capital declarations, and support. Billed annually per tax year.
2. Professional Tax Representation Services: Full tax representation, annual report filing (Form 1301), cancellation of fines, tax refunds, capital declaration, and advanced/banking services for business clients. Billed as a separate hourly or per-service fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

BloxTax provides automated cryptocurrency tax calculation and reporting software for Israeli residents and businesses. The platform aggregates transaction data from crypto exchanges and wallets, applies Israeli Tax Authority-approved methods (FIFO, LIFO, average cost), and generates compliant reports including Form 1399 and Form 1344. It also offers related professional services such as bank deposit approval assistance, tax payment facilitation using crypto, and full tax representation by crypto-expert accountants.

Product overview

BloxTax is a crypto tax reporting and compliance platform for Israeli users. The core offering includes automated tax report generation (Form 1399) with support for multiple calculation methods (FIFO, LIFO, average cost), connected via read-only API to exchanges and wallets. The platform is offered in four tiers: Hodler (up to 200 trades, ₪450), Investor (up to 1,500 trades, ₪900), Trader (up to 4,000 trades, ₪1,500), and Premium (unlimited trades, hourly rate). Business clients can add CFO services, Back Office/VP Finance, accounting books management, and legal advisory. Additional services include banking approval assistance for depositing crypto to banks and paying taxes with crypto.

Differentiator

Problem solved

Functional benefit

Products and services

• Crypto Tax Reports (דוחות מס לקריפטו) Automated crypto tax report generation system that calculates capital gains/losses using FIFO, LIFO, and average cost methods, producing Israeli Tax Authority-approved Form 1399 reports for individual and business clients.
• Crypto to Bank (מקריפטו לבנק)

Quantifiable outcome

• Thousands of Israeli crypto investors have used BloxTax reports to save money on crypto losses and receive tax refunds

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered minor.

• Ernst & Young (EY)minorImplementation/ SI/ Consulting Partner · 1 August 2019EY Israel collaborated with BloxTax in the development and validation of the centralized Form 1399 reporting format. EY reviewed and validated BloxTax's calculation methodologies as part of the Israeli Tax Authority approval process.
• Goldfarb Seligman & Co. Law Firm (גולדפרב זליגמן)minorImplementation/ SI/ Consulting Partner · 1 August 2019Goldfarb Seligman, a leading Israeli law firm, partnered with BloxTax in the development of the centralized crypto tax reporting solution submitted for Israeli Tax Authority approval, providing legal guidance on regulatory compliance.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• TaxBit: TaxBit is a crypto tax and accounting infrastructure platform targeting enterprises, exchanges, and developers with APIs for tax calculation and reporting. Overlaps with BloxTax on tax computation but targets institutional/offering partners rather than retail taxpayers.

Direct peers

• Blockpit: Blockpit (formed from the merger of Blockpit and Accointing) is a European-focused crypto tax and portfolio tracking platform operating across multiple jurisdictions. Comparable in scope of asset coverage and regulatory positioning as the closest non-US peer to BloxTax.
• ZenLedger: ZenLedger aggregates crypto transactions across exchanges and blockchains and produces tax reports plus optional CPA review services, mirroring BloxTax's core SaaS-plus-services offering.
• Bitcoin.tax: Bitcoin.tax is an early entrant in crypto tax calculation software supporting many exchanges and producing capital gains reports. Competes in the same core market of crypto-tax computation SaaS.
• CryptoTrader.Tax: CryptoTrader.Tax is a US-focused crypto tax software that integrates exchanges and wallets to produce capital gains reports and tax forms. Same core product category as BloxTax but without regulator-validated local reporting formats.
• Koinly: Koinly is a leading global crypto tax calculator that aggregates transactions from exchanges, wallets, and DeFi/NFT platforms and generates tax reports for multiple jurisdictions. It is the closest functional analogue to BloxTax outside of Israel and would be the most likely foreign competitor to enter the Israeli market.
• TokenTax: TokenTax provides automated crypto tax calculations plus optional full-service tax filing by CPAs for retail and business customers. Directly comparable to BloxTax's hybrid SaaS + professional services model.
• CoinTracker (now CoinLedger): CoinLedger is one of the largest consumer-focused crypto tax reporting platforms in the US, offering portfolio tracking, exchange/wallet aggregation, and tax form generation. Direct competitor in product functionality, with broader brand recognition but less localization to Israeli tax law.

Regional players

• Divly: Divly is a Sweden-based crypto tax report provider popular in Nordic and European markets. Comparable as a regional/localized crypto-tax SaaS that has competed with global tools by emphasizing domestic compliance, similar in approach to BloxTax's Israeli strategy.

Others

• EY Israel (Crypto Tax Practice): EY Israel is a Big Four accounting firm that validated BloxTax's methodology and co-developed the Form 1399 format. It is an enabling partner/ecosystem participant rather than direct competitor, but represents the type of professional services that could in theory compete for enterprise tax work.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bloxtax
• Facebookfacebook.com/bloxtax

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BloxTax