Descrypto

Palm Beach Gardens, United States Founded: 2021 • Age: 5 yrs
A blockchain-based platform for cryptocurrency services and holdings.
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About Descrypto

Descrypto is a company based in Palm Beach Gardens (United States) founded in 2021. It operates as a B2C. Descrypto has completed 1 acquisition, including OpenLocker. Descrypto operates in a competitive market with competitors including Coinbase, KuCoin, Bitso, Kraken and Coinsquare, among others.

  • Headquarter Palm Beach Gardens, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Descrypto
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Howard Gostfrand
CEO
People
Meir Wexler
CIO

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Teams

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Funding Insights of Descrypto

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Descrypto

Descrypto has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OpenLocker. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Blockchain-based platform for athlete marketing and NFT trading is developed.
2021
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Descrypto

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Descrypto Comparisons

Employees
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Competitors of Descrypto

Descrypto 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 Coinbase, KuCoin, Bitso, Kraken and Coinsquare, 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
domain founded_year HQ Location
Cryptocurrency trading, storage, and exchange services are offered online.
domain founded_year HQ Location
Cryptocurrencies are bought, sold, and traded via this exchange platform.
domain founded_year HQ Location
Cryptocurrencies are traded and exchanged through an online platform.
domain founded_year HQ Location
Provider of an app-based trading and exchange platform for cryptocurrency
domain founded_year HQ Location
Digital assets are bought, sold, and traded on Coinsquare.
domain founded_year HQ Location
Online robo advisory and stock trading services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Descrypto

When was Descrypto founded?

Descrypto was founded in 2021.

Where is Descrypto located?

Descrypto is headquartered in Palm Beach Gardens, United States. It is registered at Palm Beach Gardens, Florida, United States.

What does Descrypto do?

Descrypto a blockchain-based platform for cryptocurrency services and holdings through finance, dealing with cryptocurrency, blockchain platforms, and crypto services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Descrypto?

Descrypto's top competitors include Coinbase, Bitso and KuCoin.

How many acquisitions has Descrypto made?

Descrypto has made 1 acquisition, including OpenLocker.

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