Ledgible launches improved API support for all Ethereum-based NFTs

Ledgible Crypto Tax & Accounting is proud to announce the launch of its latest product features, aimed at streamlining the process of NFT tracking and accounting. The development team has been hard at work building and supporting tools for the NFT and DeFi space in a way that gives users the support they need to effectively manage their digital assets. The new features are designed to meet the growing demands of the rapidly evolving NFT market and will provide a comprehensive solution for both NFT holders and traders.

The highlight of the new features is the automatic tracking of NFT activity in all major Ethereum NFT token standards, including ERC1155, which represents 75% of all NFTs in the market. Ledgible’s new product tracks cost base, collection and token ID, image, date and acquisition information for each NFT, providing a complete picture of an NFT portfolio. This will help NFT holders and traders gain a better understanding of their NFT holdings and their value over time.

The new rollout allows direct API connection, or users can also choose manual import, including by entering the read-only wallet address. The new product is designed to be user-friendly, and even those new to the NFT market can quickly get started.

With the Ethereum blockchain accounting for 75% of the NFT market share and $36 billion in NFT sales to date, Ledgible’s new offering is well positioned to provide valuable support to the NFT community. It will help NFT owners and traders keep track of their holdings and ensure they are well equipped to meet the tax and accounting requirements of the NFT market.

We understand the importance of having reliable and up-to-date information for your crypto and NFT assets, and our team is dedicated to providing our users with the best possible experience. Whether you are an experienced crypto investor or just starting out, Ledgible is the best solution for all your crypto tax and accounting needs.

In conclusion, Ledgible Crypto Tax & Accounting continues to lead the charge in the crypto and NFT space with its innovative platform and outstanding customer support. We are confident that our new product features will further enhance the user experience and provide the tools necessary for everyone to effectively manage their digital assets.

About
Ledgible is an AICPA SOC 1 & 2 Type 2 secured crypto asset tax reporting, accounting and portfolio tracking platform for professionals, businesses and consumers. Ledgible Crypto Platform is the proven crypto asset solution for tax and accounting professionals with leading accounting firms, institutions and major crypto companies globally. Ledgible is used by industry leaders for digital asset data, tax information reporting and tax and accounting solutions at scale.
For more information, visit ledgible.io