FinTax, a provider of crypto finance and tax solutions as well as AI infrastructure, said on Aug. 27 that it has completed a seed financing round led by YZi Labs through EASY Residency S4. Other investors in the round include Amber, Hash House, Pundi AI, Waverider International, and Nexus Holdings. The company said its post-money valuation stands at $40 million. FinTax also disclosed that earlier-round backers included Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao. Alongside the financing, FinTax and YZi Labs plan to build a long-term ecosystem partnership focused on institutional-grade financial and tax infrastructure, compliance standards, and emerging use cases tied to stablecoins, real-world assets, and payments. FinTax said it will use the new funding to scale five product lines, expand from Asia-Pacific and North America into Europe and the Middle East, and deepen the use of AI in complex finance and tax workflows.

YZi Labs has released the full cohort for Season 4 of EASY Residency, its flagship incubation program for early-stage founders in Web3, AI, and biotech. The new batch includes 24 companies, with each receiving a $500,000 investment. The 10-week program starts online before founders gather in Bhutan for an in-person build phase. According to YZi Labs, this season centers on next-generation global financial infrastructure. The selected teams are working across stablecoin payments, onchain foreign exchange, credit, institutional market structure, privacy, compliance, financial operations, AI agents, and automated execution. The firm said the cohort reflects its view of where global payments, onchain markets, and “agentic finance” are headed: more programmable, more localized, more compliance-aware, and more deeply embedded in everyday financial workflows. Among the companies named are projects building stablecoin banking rails for cross-border trade, tokenized hedge fund infrastructure, confidential onchain finance tools for institutions, AI-driven execution and trading agents, crypto-to-fiat settlement systems, and middleware that lets users spend directly from yield-bearing stablecoin balances. YZi Labs also said it manages more than $10 billion in assets globally and has backed more than 300 projects across 25 countries on six continents.

Foresight has published a roundup of 24 projects featured in EASY S4, grouping them into six tracks: on-chain trading and liquidity, payments and stablecoins, privacy and security infrastructure, crypto tax and compliance, AI and agent economy, and biotech. The list spans trading execution systems, tokenized hedge fund strategies, cross-border payment rails, stablecoin banking infrastructure, privacy tools for institutional on-chain finance, tax and compliance software, and AI-native creator and trading platforms. Several entries include operating metrics cited by Foresight, such as Neutral Trade’s more than $210 million in cumulative deposits, XStable’s daily volume of more than $100 million, and De¹’s more than $800 million in daily trading volume across 200-plus institutions, 1,000-plus liquidity sources, and 40-plus blockchains. The article also includes XHunt rankings for selected projects and founders. Foresight said the S4 lineup expands the scope of the on-chain economy beyond trading, liquidity, and stablecoin payments into areas such as privacy, AI agents, and creator economy. It added that the XHunt data in the piece was counted through Aug. 26, 2026.

OdailyHot has published a categorized breakdown of 24 projects tied to Yzi Labs’ latest investment lineup, grouping them into on-chain trading and liquidity, payments and stablecoins, privacy and security, crypto tax and compliance, AI and agent economy, and biotech. The list includes several projects with operating metrics disclosed in the source: Neutral Trade has processed more than $210 million in cumulative deposits, XStable reports daily trading volume above $100 million, and De¹ says it handles more than $800 million in daily volume across more than 200 institutions, 1,000 liquidity sources and 40 blockchains. The article also records multiple XHunt rankings for official accounts and founders, with the data cutoff stated as Aug. 26, 2026. Rather than announcing a single product thesis, the source frames the cohort as a broad buildout around on-chain market structure, cross-border payments, institutional infrastructure, creator monetization and AI-native tooling.

A dense stretch of crypto and adjacent market developments unfolded between Aug. 25 and Aug. 26. The US Treasury said it is launching a Quantum Readiness Working Group, a public-private effort meant to help the financial sector migrate toward quantum-resistant technology in an orderly and operationally resilient way. One of its three workstreams is focused on digital assets and emerging technology risks. In Thailand, the securities regulator opened a public consultation on draft rules for crypto ETFs, with Bitcoin and Ether set as the only eligible assets at the initial stage and comments accepted through Sept. 20. Product launches and market-structure changes also stood out. Grayscale converted its Zcash Trust into the Zcash ETF, ticker ZCSH, and listed it on NYSE Arca, calling it the first ETF to provide direct Zcash exposure. The fund charges a 2.5% fee, and Grayscale said the revenue generated from that fee will flow back to the Zcash ecosystem. BlackRock, meanwhile, cut the minimum trade size for investors using in-kind Bitcoin subscriptions to create ETF shares from $25 million to $1 million in July. Robbie Mitchnick, BlackRock’s head of digital assets, said IBIT has now processed more than $5 billion of those conversions. Elsewhere, Kraken said some customer accounts were temporarily inaccessible after receiving tiny token transfers tied to a wallet associated with sanctioned rival HTX, while LayerZero outlined plans for an institutional onchain exchange called ATLAS. Several funding rounds, whale-position updates, tokenized-equity products, and ETF flow data rounded out the latest batch of market-moving items.

FinTax examined how the same ASIC mining machine can produce two very different cost-recovery schedules under accounting rules and U.S. federal tax law. Under financial reporting, listed miners commonly capitalize self-mining equipment as property, plant and equipment and depreciate it over an estimated useful life that may now be as short as two to three years for many models. Under the U.S. tax code, though, qualifying property may be eligible for a full first-year writeoff. The article says H.R.1 became Public Law 119-21 on July 4, 2025, and Section 70301 amended IRC §168(k) to permanently restore the 100% additional first-year depreciation deduction, commonly known as bonus depreciation. IRS Notice 2026-11 later said the rule generally applies to qualified property acquired and placed in service after Jan. 19, 2025. FinTax stressed that this does not mean every mining machine can be deducted in full in the year of purchase. The outcome still depends on tax classification, timing of acquisition, when the asset is placed in service, and whether the taxpayer elects out or uses the transitional 40% option available under IRC §168(k)(10) for the first tax year beginning on or after Jan. 19, 2025. The piece also compared the U.S. approach with Ethiopia and Kazakhstan, where mining equipment generally follows local asset classes and statutory depreciation rules, producing a different tax-accounting profile.