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BITLEVEX

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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

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