When was BitMart founded?

BitMart was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is BitMart located?

BitMart is headquartered in New York City, United States. It is registered at Väike-Paala tn 2.

Who is the current CEO of BitMart?

Sheldon Xia and Darin Chan s of BitMart. Sheldon Xia has also founded 1 company.

How many employees does BitMart have?

As of Aug 31, 2026, the latest employee count at BitMart is 414.

Is BitMart a funded company?

BitMart is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** ICO round, raised on Jan 15, 2018.

How much is BitMart worth?

The latest valuation of BitMart is $***** as of Nov 09, 2021.

When was the latest funding round of BitMart?

BitMart's latest funding was a $***** Series B round on Nov 29, 2021, with participation from 3 investors. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $2.21B in funding in 2026 to date.

Where does BitMart rank among its competitors?

BitMart ranks 13th amongst 2336 active competitors, of which 197 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Uphold, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of BitMart?

BitMart's top competitors include Binance, Blockchain and Uphold. Among them, Uphold secured the most recent funding round in April, 2026.

BitMart - 2026 Company Profile, Team, Funding & Competitors

BitMart is a series B company based in New York City (United States), founded in 2017 by Sheldon Xia and Terence Lee. It operates as an App-based trading platform for cryptocurrency. BitMart has raised an undisclosed amount in funding from Alexander Capital Ventures, with a current valuation of $*****. The company has 2336 active competitors, including 197 funded and 76 that have exited. Its top competitors include companies like Binance, Blockchain and Uphold.

Company Details

App-based trading platform for cryptocurrency. It supports Bitcoin(BTC), Ethereum(ETH) and Tether(USDT) tradings. It offers spot trading, futures contract trading, and over-the-counter trading. It also offers crypto market data. The application is available on Android and iOS platforms.

Website: www.bitmart.com/
Social
Email ID: *****@bitmart.com
Registered Address: Väike-Paala tn 2

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Series B

Latest Funding Round

Series B, Nov 29, 2021, $*****

Post Money Valuation

$***** as on Nov 09, 2021

Investors

Alexander Capital Ventures & 5 more

Ranked

13^th among 2336 active competitors

Employee Count

414 as on Aug 31, 2026

Investment & Acquisitions

Hibiki Run & 10 more

Similar Companies

Binance & 4778 more

View BitMart's full profile

BitMart is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mobismart Holdings OÜ CIN: 16711750 , Estonia, Active	Apr 04, 2023	-	-

BitMart has raised funding over 2 rounds. Its first funding round was on Jan 15, 2018. Its latest funding round was a Series B round on Nov 29, 2021 for $*****. 3 investors participated in its latest round. BitMart has 6 institutional investors.

Here is the list of recent funding rounds of BitMart:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 29, 2021	4764995	Series B	3962962	9530361	4248121	5149081
Jan 15, 2018	4123021	ICO	5686694	4264850	7884582	8035661

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View details of BitMart's funding rounds and investors

The founders of BitMart are Sheldon Xia and Terence Lee. Sheldon Xia and Darin Chan are the CEOs of BitMart.

Here are the details of BitMart's key team members:

Sheldon Xia: Founder & CEO of BitMart.
Contact Info: 1 email address
Terence Lee: Co-Founder & Chief Product Officer of BitMart.
Darin Chan: CEO of BitMart.

View details of BitMart's Founder profiles and Board Members

BitMart's employee count trend

BitMart has 414 employees as of Aug 26. Here is BitMart's employee count trend over the years:

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Top competitors of BitMart include Binance, Blockchain and Uphold. Here is the list of Top 10 competitors of BitMart, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Binance 2017, Abu Dhabi (United Arab Emirates), Series C	Online exchange platform for cryptocurrency	$2.02B	Fancheng Holdings, Sequoia Capital & 43 others	82/100
2nd	Blockchain 2011, London (United Kingdom), Series E	App-based platform for exchange and trading solutions for cryptocurrency	$700M	Lightspeed Venture Partners, Lakestar & 29 others	82/100
3rd	Uphold 2013, San Francisco (United States), Series B	Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals	$73.2M	Hard Yaka, Blockchain Coinvestors & 7 others	82/100
4th	Kraken 2011, Cheyenne (United States), Series D	Provider of a multi-asset trading platform	$866M	Hummingbird Ventures, Citadel Securities ... & 128 others	82/100
5th	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Andreessen Horowitz, Polychain & 52 others	79/100
6th	Gemini 2014, New York City (United States), Public	Platform offering crypto exchange solutions	$424M	Morgan Creek Capital Management, Winklevoss Capital ... & 28 others	78/100
7th	PDAX 2017, Makati (Philippines), Series B	Online exchange platform for cryptocurrencies	$62.5M	Tiger Global Management, BitMEX & 13 others	78/100
8th	FTX 2019, Nassau City (Bahamas), Series C	Online platform for trading in cryptocurrency	$1.73B	Temasek, SoftBank & 70 others	78/100
9th	CoinSwitch 2017, Chennai (India), Series C	Broker-based online crypto trading and exchange platform	$302M	Ribbit Capital, Tiger Global Management & 13 others	76/100
10th	CoinDCX 2018, Mumbai (India), Series D	Cryptocurrency exchange and trading service provider	$247M	Polychain, Bain Capital Ventures & 33 others	76/100
13th	BitMart 2017, New York City (United States), Series B	App-based trading platform for cryptocurrency	-	Alpha Square Group, Kube VC & 4 others	73/100

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BitMart has not made any acquisitions yet. BitMart has made 11 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 24, 2023	Investments	Hibiki Run	2022	Toronto (Canada)
Jun 09, 2022	Investments	Orderly Network	2022	New York City (United States)
May 11, 2022	Investments	Neptune Mutual	2021	Tortola (United Kingdom)