1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
-
  1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
  1. Launch

BITLEVEX

Have updates for this profile?  Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Year established

2019

Location

Tallinn Estonia

Primary Industry

Financial Services

About

Based in Tallinn, Estonia, and founded in 2019, IT Algorithmic Solutions OÜ, doing business as BITLEVEX, operates as a crypto options trading company. The company raised USD 50 million in August 2022 in venture funding led by new investor GEM Digital Limited, a digital asset investment firm. The firm as of September 2022 is led by its co-founder and CEO, Mikhail Skoblov. BITLEVEX provides an investment platform focused on cryptocurrency options trading both through its website and through its mobile application. The company also offers financial services such as digital wallets and payment solutions for merchants and a crypto debit card. Bitlevex is in the process of launching its native utility token – BLEX. As of September 2022, the firm has popular cryptocurrencies like BTC, Ethereum, Uniswap, and also some major stocks like APPLE, AMAZON, and TESLA on its platform with more than 50k registered users from more than 100 countries. The minimum investment amount required by the company’s users is USD 10 to the maximum of USD 10,000, under its different plans based on customer tier and appetite, including basic, starter, trader, pro, and VIP plans. The firm plans to utilize its August 2022 funding to hire more staff, diversify its product suite, and scale its promotional strategies.
Current Investors
GEM Digital Limited

Request a demo to show more

Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.bitlevex.com
Verticals
Blockchain, FinTech, FinTech, FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Timeline of Key Events

TimeLine Events

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2019
31 Dec 2020
31 Dec 2021

Unlock the recent years of financials and more for BITLEVEX.

Request a demo to see more.

Employee Data

Employee Graph

Want to see the Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.