Crypto tax firm CoinTracker raises $100 million for expansion

FILE PHOTO: Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken March 13, 2020. REUTERS/Dado Ruvic/File Photo

NEW YORK (Reuters) - CoinTracker, which tracks consumers' cryptocurrency taxes and portfolios, said on Thursday it has raised $100 million in funding from a slew of institutional investors and high-net-worth individuals.

The investment puts the company's valuation at $1.3 billion.