Author
Nick Christie
Co-Founder
Brisbane, Australia
Reviewed by
Australia’s SMSF and private wealth crypto investors can now access trusted brokerage and tax solutions, working together to simplify trading, compliance and reporting.
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Last updated
23
Jun
2025

A smarter approach for SMSFs and private wealth in crypto

Brisbane, Australia - 23 June 2025

Syla is proud to announce a new partnership with Stormrake, a full-service crypto brokerage based in Melbourne. This collaboration is tailored to meet the needs of Australia’s growing base of high-net-worth individuals, Self-Managed Super Funds (SMSFs), and private wealth clients who demand a seamless, compliant, and expert-led crypto experience.

Access to crypto has improved. Managing it hasn’t

Over the past few years, Self-Managed Super Funds, family offices, and high-net-worth individuals have increasingly entered the crypto space. But while access to digital assets has become more mainstream, navigating the crypto landscape with structure, compliance, and confidence remains a challenge.

For private wealth clients, the roadblocks are clear:

  • No personalised execution or portfolio guidance
  • Assets fragmented across wallets, exchanges, and custody providers
  • Manual record-keeping and end-of-year reporting stress
  • Uncertainty around SMSF obligations and ATO expectations

The issue isn’t just a lack of tools, it’s a lack of integrated, trusted infrastructure designed for how private wealth actually operates.

A joint solution from Syla and Stormrake

That’s why Stormrake and Syla have teamed up, to help sophisticated Australian investors take control of their crypto strategy, from trade execution to tax reporting.

  • Stormrake offers a full-service crypto brokerage experience: broker-assisted trading, best-market pricing, and secure cold-storage custody.
  • Syla provides streamlined crypto tax software, purpose-built for Australian rules, with support for SMSFs, companies, trusts, and private investors.

Together, we’re making it easier for Australian private wealth clients to invest with confidence and report with clarity.

“We’ve seen more SMSFs and high-net-worth investors entering crypto each year, but many are frustrated by the lack of tailored support when it comes to managing their investments and tax obligations. This partnership brings two specialist services together to solve that problem properly.” — Nick Christie, Co-Founder of Syla

A better experience for SMSFs and private wealth

Stormrake’s clients already benefit from personalised broker support, deep liquidity access, and secure custody. Now, they can also simplify their tax process with Syla, using the Activity Statement reports provided by Stormrake to generate accurate, ATO-compliant reports.

With Syla, clients can:

  • Import Stormrake data in one click
  • Automatically calculate capital gains and losses
  • Generate audit-ready tax reports for individuals, companies, trusts, and SMSFs
  • Apply Syla’s proprietary tax optimisation to reduce tax where possible

We’re not reinventing full-service wealth platforms, we’re connecting a best-in-class tax reporting solution with a leading brokerage service, to solve a very real problem faced by Australian investors.

Purpose-built for private wealth

This partnership is designed to meet the needs of SMSFs, high-net-worth individuals, and private investors. Whether you're managing retirement wealth or overseeing a complex portfolio, Stormrake and Syla provide the specialist tools and support you need.

Trade with trusted experts.
Report with purpose-built software.
Stay compliant, confident, and in control.

About Syla

Syla is Australia’s leading crypto tax software, built exclusively for local investors, SMSFs, trusts, and companies. Designed by Australian tax professionals, Syla delivers accurate, ATO-compliant reports, without the complexity. With affordable plans supporting up to 100,000 transactions and Syla’s proprietary Lowest-Tax First-Out (LTFO) optimisation method, investors can minimise their crypto tax and maximise peace of mind.

For more information, please visit www.syla.com.au

For media enquires email: hello@syla.com.au

About Stormrake

Stormrake is a Melbourne-based crypto brokerage offering dedicated broker support, competitive pricing, and secure custody. Trusted by SMSFs and high-net-worth investors, Stormrake is AUSTRAC-registered and focused on delivering a compliant, full-service trading experience.

For more information, visit https://www.stormrake.com/

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Disclaimer

The information in this article reflects our understanding of existing legislation, proposed legislation, rulings and other tax law, as at the date of issue. In some cases, the information has been provided to us by third parties. While it is believed the information is accurate and reliable, this is not guaranteed in any way.

The information provided in this article is purely factual in nature and does not constitute tax advice, financial product advice or legal advice. The information is not, nor is it intended to be, comprehensive or a substitute for professional advice on specific circumstances. If you require professional advice that takes into account your particular circumstances, you should consult an appropriate professional.