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Toku
Toku provides stablecoin payroll services for businesses, enabling borderless and tax-compliant compensation. Their platform streamlines global payroll using stablecoins, which offers lower transaction costs and faster payments compared to traditional fiat methods. Toku serves companies of all sizes, from startups to large enterprises, across more than 100 jurisdictions.
Distributed
Description
Toku specializes in providing comprehensive stablecoin payroll solutions designed for global businesses. Their services include full payroll management or seamless integration with existing payroll providers, ensuring tax-compliant compensation across over 100 jurisdictions. Toku's platform handles evolving regulations, local filings, and provides detailed reporting dashboards for cost comparison and compliance. They also offer Token Grant Administration (TGA), Employer of Record (EOR), and Professional Services Organization (PEO) services. Toku caters to a range of clients, from high-growth startups to large enterprises, with a particular focus on crypto-native, Fintech, and AI companies seeking efficient, low-cost, and compliant cross-border payment solutions for their teams. The platform enhances the employee experience by offering fast, flexible payment options in stablecoins.Grant Funding
VC Funding
None
2023
$0
$20M