Bitex

Bulgaria Founded: 2018 • Age: 8 yrs Acquired By Huobi
Cryptocurrencies are exchanged through an app-based platform.

About Bitex

Bitex is a Financial Services company based in Bulgaria founded in 2018, and was acquired by Huobi in May 2022. Cryptocurrencies are exchanged through an app-based platform. The company was acqui-hired. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Crypto Exchanges.

Company details

Bitex was founded in 2018 in Bulgaria as a platform for cryptocurrency exchange. An app-based system is utilized to facilitate trading of digital assets among users. Operations are conducted within the fintech sector, with services focused on secure transactions and asset swaps. The platform is accessible via the domain bitex.com, serving users primarily in the European region. Geographic emphasis is placed on Bulgaria for development and oversight.

  • Headquarters Bulgaria
  • Stage Acquired
  • Sectors
    Financial Services
  • Website bitex.com
  • Acquired by Huobi (May 2022)
Operational Areas
Key Metrics

Investors in Bitex

Bitex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Huobi.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Cryptocurrency exchange services are facilitated through a mobile app.
huobi.comHaidian, China
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Investor details for Bitex

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Timeline of Bitex

2 dated milestones of Bitex across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bitex is founded.
  2. Exit Acquired by Huobi.
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Related news about Bitex

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Frequently Asked Questions about Bitex

Bitex was founded in 2018.

Bitex is headquartered in Bulgaria.

Bitex was founded in 2018 in Bulgaria as a platform for cryptocurrency exchange. An app-based system is utilized to facilitate trading of digital assets among users. Operations are conducted within the fintech sector, with services focused on secure transactions and asset swaps. The platform is accessible via the domain bitex.com, serving users primarily in the European region. Geographic emphasis is placed on Bulgaria for development and oversight.

Bitex has 1 investor. Key investors include Huobi.

Yes. Bitex was acquired by Huobi in May 2022.

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