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Our Story

Built for the next
generation of finance

XBIT was founded on one belief — that financial sovereignty should belong to everyone, not just the few. We're building the infrastructure for a decentralized future.

$4.2B+
Assets Secured
2.8M+
Active Users
180+
Countries Served
99.98%
Uptime SLA
300+
Supported Assets
2.8s
Avg Settlement
$4.2B+
Assets Secured
2.8M+
Active Users
180+
Countries Served
99.98%
Uptime SLA
300+
Supported Assets
2.8s
Avg Settlement
Mission

We exist to open the door
to crypto — for everyone.

XBIT was born from the frustration of watching institutional players dominate a technology built for the people. We saw wallets that were too complex, fees that were too high, and platforms that treated users as products rather than participants.

So we built something different. A crypto platform that puts security, simplicity, and transparency first — without sacrificing the power features that serious traders and investors demand.

From day one our principle has been the same: your keys, your crypto. We never hold custody of your assets. We provide the tools, you maintain full control. That's the XBIT promise.

51%
The percentage of the global population still without access to basic financial services. We're changing that — one wallet at a time.
+19.2%
Target Growth 2027
$82B+
DeFi TVL Managed
Security & Trust

Institutional-grade security,
verifiable by anyone

🧾

Proof of Reserves (PoR)

We believe in absolute transparency. XBIT utilizes cryptographic Merkle tree proofs to mathematically verify that user balances are fully backed 1:1 by real assets on-chain, at all times.

  • ✓ Live Merkle Tree Verification
  • ✓ Quarterly independent audits
  • ✓ Zero fractional reserve operations
🛡️

Bank-Grade Security

Our infrastructure is designed to eliminate single points of failure. From MPC (Multi-Party Computation) wallet technology to hardware security modules (HSMs) for cold storage.

  • ✓ 95% of assets in air-gapped cold storage
  • ✓ SOC 2 Type II compliant
  • ✓ Bug bounty program up to $2.5M
Values

The principles that
guide everything we build

🔓
Radical Transparency
All fees are visible upfront. Our smart contract code is open source. We publish quarterly transparency reports and never hide behind fine print.
🛡️
Security First
Multi-signature cold storage, audited smart contracts, and real-time threat monitoring. We treat your security like our own — because reputationally, it is.
⚖️
True Ownership
Non-custodial by design. Your private keys never touch our servers. You own your assets completely — we're just the interface.
🌍
Borderless Access
Finance shouldn't stop at a border. We're available in 180+ countries with local payment rails and multi-language support growing every month.
Speed & Efficiency
2.8-second average settlement. Architecture built on the fastest Layer-2 networks available. We never compromise your time for our convenience.
🤝
Community Driven
Key decisions go to our governance DAO. Token holders vote on protocol upgrades, fee structures, and new features. This is your platform.
History

From idea to
industry infrastructure

2020 — Founding
The Spark
Three engineers frustrated by the state of crypto UX left their roles at a major bank to start XBIT in a London flat. The first prototype took 18 days.
2021 — Seed Round
$8M Raised
Secured $8M seed funding from leading Web3 investors. XBIT Beta launched to 50,000 waitlisted users — fully subscribed in 11 hours.
2022 — Expansion
DeFi Suite Launch
Rolled out the full DeFi protocol suite — staking, liquidity pools, and yield farming. Passed $500M in total value locked within 90 days.
2023 — Series A
$42M & Going Global
$42M Series A. Expanded to 140 countries. Launched the XBIT mobile app, which reached 500K downloads in its first week on the App Store and Google Play.
2024 — Today
$4.2B+ Secured
Over 2.8 million users, 300+ supported assets, and a growing enterprise API used by 80+ institutions. We're just getting started.
Team

The people
building the future

🧑
Ryan Nakamura
Co-Founder & CEO
Former Goldman Sachs VP. Blockchain architect with 10+ years in fintech. MIT Computer Science.
👩
Sofia Andersson
Co-Founder & CTO
Previously Staff Engineer at Ethereum Foundation. Lead architect of XBIT's zero-knowledge proof system.
👨
Marcus Webb
Co-Founder & COO
Serial entrepreneur with two successful fintech exits. Scaling specialist who grew XBIT from 3 to 120+ team members.
👩
Priya Sharma
Head of Security
Cybersecurity veteran. Former NSA cryptographer, now building the most secure non-custodial wallet infrastructure in the industry.
Backed By

Trusted by the
world's top investors

Ready to take control
of your crypto?

Join 2.8 million users who trust XBIT with their digital assets. Set up your wallet in under 3 minutes.