About OKbit
OKbit is a Financial Services company based in Bucheon-si (South Korea) founded in 2017, and was acquired by CRYPTO in August 2022. Cryptocurrency exchange services are facilitated via an online platform. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Crypto Exchanges. Its competitors include Bithumb and Dunamu; 2 of its 2 listed competitors have raised funding.
Company details
OKbit was established in 2017 in Bucheon-si, South Korea, as an online platform in the cryptocurrency sector. User accounts are secured through an integrated solution. Access is granted to coin information upon login, while transaction history is monitored and deposits with withdrawals are managed directly within the system. Operations focus on secure digital asset exchanges for users globally.
- Headquarters Bucheon-si, South Korea
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ok-bit.com
- Acquired by CRYPTO (Aug 2022)
Investors in OKbit
OKbit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CRYPTO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App-based trading and deposit solutions for cryptocurrency are provided. | 2016 | crypto.com | Singapore, Singapore |
Investor details for OKbit
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- Complete investor list
- Round participation
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Timeline of OKbit
2 dated milestones of OKbit across 5 years, from founding to its latest funding, stage changes and deals.
- Founded OKbit is founded.
- Exit Acquired by CRYPTO.
Competitors of OKbit
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bithumb.com | 2013 | Seoul, South Korea | $200M | Cryptocurrency exchange services are operated in South Korea by Bithumb. | ||
| dunamu.com | 2012 | Seoul, South Korea | $138.18M | Cryptocurrency is exchanged, bought, and sold via an online platform. |
Detailed competitors of OKbit
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Frequently Asked Questions about OKbit
OKbit was founded in 2017.
OKbit is headquartered in Bucheon-si, South Korea. It is registered at Bucheon-si, Gyeonggi-do, South Korea.
OKbit was established in 2017 in Bucheon-si, South Korea, as an online platform in the cryptocurrency sector. User accounts are secured through an integrated solution. Access is granted to coin information upon login, while transaction history is monitored and deposits with withdrawals are managed directly within the system. Operations focus on secure digital asset exchanges for users globally.
OKbit has 1 investor. Key investors include CRYPTO.
Yes. OKbit was acquired by CRYPTO in August 2022.