ItBit

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ItBit, a N.Y. State-licensed trust company, provides bitcoin trading, OTC brokerage and custody services to institutions and professionals.

itBit
ItBit logo.png
Founded 2014
Headquarters New York City
Key People Chad Cascarilla
Products Bitcoin exchange and broker; custody services
Twitter @itBit
Facebook @itBitwelcome
Website itbit.com
Releases Company News

Background

ItBit offers institutional and professional traders bitcoin exchange trading as well as OTC brokerage services. It also offers bitcoin custody services in its regulated trust company.[1] ItBIT offers U.S. dollar against bitcoin trading on its platform.[2]

In a 2016 reorganization, itBit as a bitcoin trading operation was separated from blockchain services which thereafter were provided under the name Paxos.[3]

At about the same time as the reorganization, itBit shed a couple of prominent alumni - Daniel Kim, who took a position at Gemini Exchange and Bobby Cho, who left to head Cumberland Mining Materials.[4]

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