Company Information

Get to know Cryptact

Founded in 2018 by former investment bankers, Cryptact, Inc. aims to reduce the complexities and burdens associated with asset management in the digital age. The company's flagship product is a cloud-based profit and loss calculation service for crypto assets, designed to automate and streamline the complex process of tax return preparation for individuals and businesses in Japan. Beyond crypto tax software, Cryptact has expanded its offerings to include "defitact," an asset management tool for DeFi, and provides other solutions to financial institutions, demonstrating its mission to become a comprehensive financial infrastructure provider.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency
Financial Other Service

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Cryptact

Japan

Founded in

Jan 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.