itBit is building the future of financial services using blockchain technology. Our innovative flagship product is Bankchain, a permissioned distributed network that expedites and secures the clearing and settling of assets. itBit also offers bitcoin exchange and OTC trading services.
At itBit, we are building the future of financial services by combining traditional capital markets infrastructure and blockchain technology. Our mission is to empower individuals and financial institutions to quickly trade any asset, any time, anywhere in a trustworthy way.
The itBit team is committed to shipping innovative products that revolutionize the way financial institutions do business. Our progressive culture of self-management encourages free-thinking, collaboration and entrepreneurship.

Type
Private
HQ
New York, US
Founded
2012
Size (employees)
26 (est)-7%
Website
itbit.com
itBit was founded in 2012 and is headquartered in New York, US
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itBit Office Locations

itBit has an office in New York
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itBit Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$28.3 m

Latest funding size

$25 m

Time since last funding

3 years ago

Investors

itBit's latest funding round in May 2015 was reported to be $25 m. In total, itBit has raised $28.3 m
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itBit News and Updates

Bitcoin smashes a new record after CME announces plans for bitcoin futures

Bitcoin prices have jumped to a new record high after CME Group announced plans to launch bitcoin futures by the end of the year. The cryptocurrency rose 4.26 per cent to $6,382.88 after the announcement, according to CoinDesk's aggregate index, topping its previous high over the weekend of just …
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