Sei Now Supported by cryptact, in Collaboration with KudasaiJP and Omakase Co., Ltd.
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We are pleased to announce that cryptact has added profit and loss calculation support for Sei, a Layer 1 blockchain, as the second phase of our collaboration with KudasaiJP, Japan's largest Web3 community, and Omakase Co., Ltd. For DeFi transactions covered by cryptact’s DeFi dictionary, users can simply sync their wallet address to automatically retrieve their deposit and withdrawal history, after which the system identifies the transaction types and completes the tax-related profit and loss calculations.
cryptact, KudasaiJP, and Omakase Co., Ltd. have been working together to support community members with their tax returns through AMA session on social media and live broadcast on YouTube, and Berachain support.
This blockchain support is part of that ongoing collaboration. With this update, DeFi users can now accurately and efficiently calculate their profits and losses on transactions conducted on Sei, streamlining the tax return process.
For more details about DeFi features, please refer to our help page.
Going forward, cryptact will continue to expand support for the latest blockchains and scalability solutions to offer smooth profit and loss calculations.
About Sei
Sei is a Layer 1 blockchain that provides high-performance infrastructure for the digital asset market. Since its mainnet launch in 2023, Sei has processed billions of transactions across over 35 million wallets. Now running on Devnet, the V3 Giga update enhances performance and offers a groundbreaking new scaling solution for the Ethereum ecosystem. The team is backed by Multicoin, Jump, Coinbase Ventures, and many more.
To learn more about Sei, please visit https://www.seifdn.org.
Contacts: pr@pafin.com