Toku and Teknos Associates Simplify Token Compensation and Valuations for Crypto Companies

Dec 20, 2023

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Toku and Teknos Associates Announce Strategic Partnership

Toku and Teknos Associates Announce Strategic Partnership

Summary

Toku and Teknos Associates have formed a strategic partnership to simplify the process of token compensation, tax compliance, and valuations for crypto-native companies. The collaboration combines Toku’s platform for token compensation solutions with Teknos’ valuation expertise, aiming to set a new industry standard for accuracy and financial decision-making.

Introduction

Toku and Teknos Associates have announced a strategic partnership that aims to streamline and simplify token compensation, tax compliance, and valuations for crypto-native companies. By bringing together Toku’s simple platform for token compensation solutions and Teknos’ expertise in valuation, the partnership seeks to provide tax-efficient strategies for token incentive plans.

Main Points

  • The partnership addresses the challenges of standardized token valuations by providing valuation expertise and guidance through jurisdiction-specific tax laws.
  • Companies and employees can benefit from pre-token launch tax efficiencies by utilizing valuation methodologies alongside election filings on token purchase agreements.
  • The collaboration aims to save clients money and enhance employee experiences by offering a streamlined solution for crypto companies preparing to launch a token.
  • The partnership between Toku and Teknos is a significant step towards simplifying token incentive plans and token compensation.

Conclusion

Toku and Teknos Associates have joined forces to simplify token compensation, tax compliance, and valuations for crypto-native companies. The partnership aims to provide accurate and compliant token valuations, tax payments, and tax-efficient strategies for token incentive plans. Through this collaboration, Toku and Teknos hope to set a new industry standard for accuracy and strategic financial decision-making in the crypto market.

For more information:

Toku Press Contact: Stefan Santoso – media@toku.com

Teknos Press Contact: Neil Thakur – info@teknosassociates.com


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