CPAIthe AI-powered crypto tax reconciliation, preparation and filing platform, announced the appointment of seasoned blockchain visionary Michael Terpin to its advisory board.
Michael Terpin is founder and CEO of Transform Ventures, a leading blockchain consulting firm and venture studio, and Transform Studios, a Bermuda-based blockchain incubator. Terpin also founded and remains Chairman of the largest consulting/marketing firm in the cryptocurrency industry, Transform Group, representing more than half of the cryptocurrency industry’s market capitalization, excluding bitcoin. An early and enthusiastic supporter of blockchain, Michael’s recently published book “Bitcoin Supercycle: How the Crypto Calendar Can Make You Rich“, was the best-selling new release in Amazon’s Bitcoin & Cryptocurrency section.
CPAI addresses critical gaps in traditional tax software, which struggles to keep up with the rapidly changing crypto landscape. Traditional solutions, which are often rigidly coded and unable to accommodate the complexities of DeFi, fail to account for the complex nuances of cryptocurrency trading. CPAI leverages cutting-edge generative AI models, which have been trained on over $1 billion in manually reconciled transactions by the Moontax team over the past three years, to manage comprehensive data reconciliation for complex crypto activities, providing users with accurate and compliant tax filing assistance. .
The addition of a renowned cryptocurrency entrepreneur and investor Michael Terpin to the CPAI Advisory Board represents a strong seal of approval for the platform’s leading solution from one of the crypto industry’s most respected investors and advisors. Having supported the high-profile launches of early cryptocurrencies such as Ethereum, Augur, Bancor, Gnosis, Neo and Tether, Michael Terpin has a demonstrable track record of supporting industry disruptors with long-term viability.
This appointment comes just weeks after the launch of the $CPAI token, which allows holders access to CPAI’s AI-powered crypto transaction reconciliation services, just in time for the upcoming US tax season. With explosive growth in the crypto market following November’s US elections, CPAI ensures users streamline their tax filings and avoid overpaying, offering accurate transaction labeling to help holders comply their own tax compliance.
CPAI token holders will benefit from priority access to the CPAI crypto transaction reconciliation platform, which includes AI-powered tax software, access to an ecosystem of professional reconciliation services, and expert legal advice – ensuring that individuals and businesses never overpay their crypto taxes, and can file with confidence. The CPAI token promises expanded utility to holders, including eligibility for 15% off white glove services. These services include data reconciliation, legal opinions and filing services from crypto-tax specialists to MoonTax And Olson & Associates Law.
“We are thrilled to welcome Mr. Terpin – a true industry heavyweight – to our Advisory Board,” said Derek Wride, Founder of CPAI. “Michael’s expert advice and strategic guidance will be invaluable as we execute on our 2025 roadmap and underline our credentials as the crypto tax platform of choice for investors across the industry spectrum.”
“Amid the ongoing bull market, the launch of CPAI is a total game changer for crypto enthusiasts, easing the stress of calculating taxes on DeFi wallets, exchanges, and protocols,” said Michael Terpin. “Having received strong early market validation, CPAI is at the forefront of innovation in streamlining crypto tax reporting, and I look forward to supporting the team in guiding its trajectory inevitable growth.”
The CPAI team is comprised of top-tier tax attorneys and seasoned crypto-natives with deep expertise in tax law. CPAI founder Derek Wride is also CEO of MoonTax, as well as a partner in Olson & Associates Lawand advisor to the Utah Blockchain Coalition. His CPAI co-founder, Ephraim Olson, is a Harvard-educated tax attorney and is also a managing partner at Olson & Partners Law.
For more information, please visit: https://www.cpai.io/
About ACIP
CPAI is the first AI-powered crypto accounting tool, supported by human and legal reconciliation services when users need something more. The CPAI token is the gateway to a comprehensive crypto tax accounting network, with holders receiving priority access to the CPAI crypto transaction reconciliation platform, which provides AI-based tax software, reconciliation services professionals and expert legal advice.
About Michael Terpin:
Michael Terpin is founder and CEO of Transform Ventures, a leading blockchain consulting firm and venture studio, and Transform Studios, a Bermuda-based blockchain incubator. Terpin also founded and remains Chairman of the largest consulting/marketing firm in the cryptocurrency industry, Transform Group, representing more than half of the cryptocurrency industry’s market capitalization, excluding bitcoin. It is well known for the high-profile launches of early cryptocurrencies, including Ethereum, Augur, Bancor, Gnosis, Neo and Tether. Terpin launched CoinAgenda, the longest-running global conference series in the cryptocurrency industry, in 2014, which evolved into Tokenize Conference, with high-profile events in Dubai, Hong Kong, Las Vegas, Los Angeles , Monaco and San Juan. He co-founded BitAngels, the world’s first angel network for digital currency startups, in May 2013, which has expanded to 25 municipal chapters. His venture studio incubated Content Syndicate/Blockchain Wire and blockchain-based sustainability platform OpenCarbon. A prolific angel investor, he is also a general partner of digital asset fund managers Alpha Transform Holdings and Tradecraft Capital; senior advisor and LP at Alphabit Fund and LP in four other crypto funds. He also co-founded and profitably exited the Dapps Fund, one of the first cryptocurrency venture funds, in March 2014. He also manages investments for his family office, Transform Capital.
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*Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or business advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.*
