CoinLedger—formerly CryptoTrader.Tax—was founded by David Kemmerer, Lucas Wyland, and Mitchell Cookson in 2018. During this time, the three co-founders were building automated trading systems that capitalized on price arbitrage amongst various crypto exchanges. It was this experience that exposed them to the difficulties of crypto transaction reporting.

After a period of unsuccessfully crawling the internet looking for tools that would help automate their crypto tax reporting, the trio decided they would simply build a solution to their problem.

That’s when CoinLedger got its start.