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 Mar 31, 2026, the latest employee count at BitMart is 519.

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.

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.

Where does BitMart rank among its competitors?

BitMart ranks 11th amongst 1966 active competitors, of which 188 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was CoinDCX, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of BitMart?

BitMart's top competitors include Binance, Blockchain and Uphold. Among them, CoinDCX secured the most recent funding round in October, 2025.

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. It operates as an App-based trading platform for cryptocurrency. BitMart has raised an undisclosed amount in funding from Alexander Capital Ventures. The company has 1966 active competitors, including 188 funded and 66 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, $*****

Investors

Alexander Capital Ventures & 4 more

Ranked

11^th among 1966 active competitors

Employee Count

519 as on Mar 31, 2026

Investment & Acquisitions

Hibiki Run & 10 more

Similar Companies

Binance & 4458 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 5 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	9652478	Series B	7835154	8087765	1643261	7674381
Jan 15, 2018	8448395	ICO	2285662	9650985	5483654	1356289

Access funding benchmarks and valuations. Sign up today!

View details of BitMart's funding rounds and investors

The founders of BitMart is Sheldon Xia. 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
Darin Chan: CEO of BitMart.

View details of BitMart's Founder profiles and Board Members

BitMart's employee count trend

BitMart has 519 employees as of Mar 26. Here is BitMart's employee count trend over the years:

Uncover BitMart's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

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	Sequoia Capital, Fancheng Holdings & 42 others	86/100
2nd	Blockchain 2011, London (United Kingdom), Acquired	App-based platform for exchange and trading solutions for cryptocurrency	$700M	Lightspeed Venture Partners, Kingsway Capital ... & 26 others	85/100
3rd	Uphold 2013, London (United Kingdom), Series B	App-based wallet and exchange platform for cross-border money transfers	$73.4M	YMF Investments, Blockchain Coinvestors & 6 others	82/100
4th	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Polychain, Andreessen Horowitz & 50 others	80/100
5th	Gemini 2014, New York City (United States), Public	Platform offering crypto exchange solutions	$424M	Morgan Creek Capital Management, Winklevoss Capital ... & 27 others	79/100
6th	PDAX 2017, Makati (Philippines), Series B	Online exchange platform for cryptocurrencies	$62.5M	Tiger Global Management, BitMEX & 13 others	78/100
7th	FTX 2019, Nassau City (Bahamas), Series C	Online platform for trading in cryptocurrency	$1.73B	SoftBank, Multicoin Capital & 70 others	77/100
8th	CoinDCX 2018, Mumbai (India), Series D	Cryptocurrency exchange and trading service provider	$247M	Polychain, Bain Capital Ventures & 31 others	76/100
9th	CoinSwitch 2017, Bengaluru (India), Series C	Broker-based online crypto trading and exchange platform	$302M	Tiger Global Management, Ribbit Capital & 13 others	75/100
10th	Bitstamp 2011, London (United Kingdom), Acquired	App-based platform for cryptocurrency exchange	$11.4M	Pantera Capital, Cognisa Capital & 8 others	75/100
11th	BitMart 2017, New York City (United States), Series B	App-based trading platform for cryptocurrency	-	Alpha Square Group, Chaos Ventures & 3 others	73/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on BitMart's competitors? Click here to see the top ones

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

Here is the list of latest three $investments:

Filter this list

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)