About Bits of Proof
Bits of Proof is a company based in Budapest (Hungary) founded in 2013 was acquired by Digital Asset in June 2015.. Bits of Proof offers products and services including Cryptocurrency Guide. Bits of Proof operates in a competitive market with competitors including CoinDesk, CoinTelegraph, Blockworks, The Block and BitKan, among others.
- Headquarter Budapest, Hungary
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Digital Asset
(Jun 25, 2015)
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Products & Services of Bits of Proof
Bits of Proof offers a comprehensive portfolio of products and services, including Cryptocurrency Guide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides explanations and tutorials on cryptocurrencies and buying methods.
Funding Insights of Bits of Proof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bits of Proof
Bits of Proof has secured backing from 1 investor. Prominent investors backing the company include Digital Asset. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Blockchain platforms for business applications are developed and provided.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Bits of Proof
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bits of Proof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bits Of Proof Comparisons
Competitors of Bits of Proof
Bits of Proof operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CoinDesk, CoinTelegraph, Blockworks, The Block and BitKan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cryptocurrency news and analysis are delivered via an online platform.
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Online platform for blockchain news and more
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Data and information platform for the crypto industry is provided.
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Bitcoin-focused content is published by The Block platform.
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| domain | founded_year | HQ Location |
Cryptocurrency market data, prices, and mining information are provided.
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| domain | founded_year | HQ Location |
Online news portal focused on business news
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bits of Proof
When was Bits of Proof founded?
Bits of Proof was founded in 2013.
Where is Bits of Proof located?
Bits of Proof is headquartered in Budapest, Hungary.
What does Bits of Proof do?
Bits of Proof was established in 2013 in Budapest, Hungary, as a digital platform in the cryptocurrency sector. Articles and blogs on crypto news, airdrops, and buying processes are published regularly. Information resources for users interested in cryptocurrencies are maintained. Revenue is generated through display advertisements on the site. Operations focus on content delivery without additional services like trading.
Who are the top competitors of Bits of Proof?
Bits of Proof's top competitors include CoinTelegraph, CoinDesk and BitKan.
What products or services does Bits of Proof offer?
Bits of Proof offers Cryptocurrency Guide.
Who are Bits of Proof's investors?
Bits of Proof has 1 investor. Key investors include Digital Asset.