Ledgible launch NFT Management, Tracking & Accounting for NFTs

30 June 2023

in Meta News

Reading Time: 1 mins read

Ledgible, the leading digital asset tax, accounting, and data platform for Enterprises & Institutions, today announced the company launched its new NFT Suite, a professional offering for NFT portfolio management, tax & accounting tracking, reporting, and year-round planning. This new offering seeks to bolster the growing and thriving NFT space, providing industry-leading tax and accounting software for NFTs and a full-service portfolio and tracking tool for active investors, traders, funds, and more.

“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,” said CEO Kell Canty.

The NFT Suite is positioned as its own module to Ledgible‘s industry-leading tax and accounting suite, allowing funds, firms, investors, institutions, and professionals easy and native access to their Ethereum-based NFT portfolios. The platform tracks and automatically presents realized and unrealized gain/loss data for NFTs, alongside floor price and cost, allowing investors to make informed buying and selling decisions.

Since Ledgible also offers a best-in-class tax and accounting platform, the launch of the NFT Suite means that businesses and individuals now have a frictionless path between NFT management and end-of-month accounting and tax season reporting. Ledgible also works with Tax Information Reporting professionals to provide 1099s for exchanges, protocols, and businesses in the digital asset space.