Divly makes crypto taxes easier - starts raising capital
The Californer/10232323

HELSINKI & STOCKHOLM - Californer -- Less than one percent of cryptocurrency investors may have declared their cryptocurrency to tax authorities in 2022.

"We see a big problem in declaring crypto and are convinced our product will make it easier. Determining what you must declare for each transaction can be overwhelming and time-consuming. If you are not an accountant, tax lawyer, or programmer and have many transactions, you have little chance of doing this manually yourself." says Carl Gärdsell, founder of Divly.

More on The Californer

• City of Long Beach Extends Extreme Heat Alert, Advises Residents to Take Precautions Against Heat
• Health4Peace Announces Main Honorees for 5th Annual Fundraising Gala on October 25, 2026
• You Are Already Changing the World: How Personal Healing Sparks Collective Change
• IEI Edge Computing Automates Environmental Control for EU Greenhouse
• Guardian Data Opens 42,000-Square-Foot Moonachie Facility, Doubling New Jersey Capacity

Investors include DHS Venture Partners, Greens Ventures and YEoS Ventures. Since March 2022, Divly has partnered with Coinmotion, the largest Finnish virtual currency service provider, and Safello, the largest crypto broker in Sweden, with about 300,000 users. Divly has also started collaborations with several international players in the past year, such as BYDFi and Coingecko.

The crypto market has had a tumultuous year. Despite this, Divly continues to grow partly because it has expanded its service internationally to all Nordic countries, the Netherlands, Japan, and Germany. But above all, it's the simplicity and the desire to make crypto tax declarations accessible to all investors that have driven Divly's growth. With its recent successful funding round, Divly is poised to continue its growth and expand its reach to more investors worldwide.

The introduction of MiCA and the DAC8 proposal will result in tighter cryptocurrency regulations. As a result, authorities will have increased awareness of cryptocurrencies. One of the main requirements of the new rules is that cryptocurrency exchanges with users in the European Union must share their client information with tax authorities by January 2026.

More on The Californer

• HVAC Expert Advises Residents Prepare for Super El Niño with Backup Power & AC Protection
• Solano Home Prices Fall as Sales Rise—Then Mortgage Rates Add a Plot Twist
• California's economy continues to dominate — topping $4.5 T in economic output, and remains the world's fourth largest economy
• Grant Support from San Diego Foundation Expands Mending Matters' School-Based Mental Health Services
• Why Is Haitian Chocolate So Special?

"Procedures and processes for authorities to deal with tax issues will become increasingly important. Transactions on the blockchain are not anonymous; they are pseudonymous. This means that we could soon see a situation where those who have not paid taxes need to start backtracking and accounting for their transactions. I think most people want to do the right thing but don't know how to do it. It should be easy to do the right thing, which we make possible." says Carl Gärdsell.

Divly is a service that simplifies tax declarations in the crypto market and was founded in June 2021 by Carl Gärdsell and Ruben Rehn. Read more about Divly here: https://divly.com/