Toku

Toku, founded in 2020 and headquartered in the United States, offers a pioneering solution in the realm of token compensation and tax compliance. With a slogan of "Simplifying global token compensation & tax compliance," the company aims to address the complexities faced by companies in managing token-based operations amidst rising regulatory scrutiny in the web3 space.

Toku provides a robust suite of services including token-based payroll, grant administration, and a tailored offering for decentralized autonomous organizations (DAOs) called WorkDAO. These services ensure 100% tax compliance across over 100 countries, making it a comprehensive service provider in this niche market.

As of 01 March 2023, Toku raised a substantial $20.00M in a Late VC investment round, with notable participation from investors such as Protocol Labs, Quantstamp, Inc., and Reverie, indicating strong confidence in their innovative offerings and market potential.