Last updated 6 November 2025
You’re able to use the product without a legal entity (i.e. EIN or SSN), however, some features (like on/offramping) aren’t available until you have one. There are many ways to create US legal entities, and this guide highlights just a few we are aware of. Not legal advice, do your own research.
OtoCo lets you create a legal entity using an Etherum account. You can use your Teams accounts to do this (more info on connecting to third party apps). You choose the jurisdiction and entity type, and OtoCo handles the paperwork filing for you. Once you create your entity, you will be able to request a tax ID.
You can link as many of your Teams accounts to your entity as you wish. OtoCo is self-serve, but if you need assistance we can put you in touch with their team. See their docs for more info.
Clerky makes it easy to set up a Delaware C Corp. They also help you with post-incorporation paperwork, equity issuance, 83b elections, and other basic legal docs. It’s designed for US-based founders creating “Silicon Valley startups”, meaning it is not “crypto native” in any way—it is just a cost efficient way of establishing a Delaware C Corp.
Stripe Atlas is similar to Clerky, and has integrated other products as part of the stack (e.g. banking, payments, Stripe credits, etc).
Mercury is best-in-class banking for US-based startups. Many of the above entity formation options will help you get set up with a Mercury account upon entity formation.