Australian Government supports Syla’s $0.8 million project to solve crypto tax for Australians.

Syla is excited to announce that we have been awarded a Boosting Female Founders Grant from the Australian Federal Government. Funding from this grant will enable Syla to bring tax certainty to Australian crypto investors, with its AI-driven crypto tax and crypto wealth software.

“We saw an opportunity for Syla to play an important role in the new future of finance. Funding from the Australian Federal Government will support Syla to solve crypto tax for investors, so Australians can invest with confidence,” explained Syla Co-Founder, Maryna Kovalenko.

Announced earlier today in a joint release by Minister for Women’s Economic Security The Hon. Jane Hume and The Hon Angus Taylor MP, Syla is one of 38 recipients from over 2,500 applicants in a highly competitive, 2-stage process. Applications were assessed by an Independent Assessment Committee made up of successful women entrepreneurs, which was led by Professor Jana Matthews, ANZ Chair in Business Growth.

“This support from the Australian Federal Government is further validation of the growing number of Australians that hold cryptocurrency investments, and the need for a solution that can provide accuracy for Australian crypto tax investors. Our team, consisting of specialised crypto tax accountants and blockchain engineers, ensures that Syla is well positioned to solve this growing challenge for crypto investors and professional accountants alike.”

Syla would like to thank our team, business partners and advisers that have contributed in achieving this important milestone. We are excited about our next stage of growth as we solve crypto tax in Australia and power crypto wealth in the new financial system.

Full details of the grant can be found here.

Get early access