Case Study: Astar achieves compliant U.S. token payroll and saves 30+ hours monthly with Toku

Toku enables Astar Network to confidently expand into the U.S

Astar Network, a blockchain company headquartered in Japan, sought to expand its operations into the United States. The challenge was navigating the complex U.S. hiring, employment, and tax compliance landscape while also compensating new employees with a mix of its native token, stablecoins, and fiat currency. Astar partnered with Toku to overcome these significant hurdles associated with international hiring and multi-currency payroll.

Toku provided an end-to-end solution for compliant U.S. employment and a multi-currency payroll system. This included automated tax withholding, sell-to-cover conversions for token payments, and benefits administration. By implementing Toku's service, Astar successfully launched its U.S. operations, saving over 30 hours of administrative work each month and ensuring full compliance for its token-based compensation.

Astar

Sota Watanabe

Founder