DigitalBits - About the company
DigitalBits is a funded company based in Palo Alto (United States), founded in 2018 by Al Burgio. It operates as a Sidechain-network for financial service. The company has 405 active competitors, including 93 funded and 7 that have exited. Its top competitors include companies like Circle, Blockstream and KAST.
Company Details
DigitalBits is a sidechain-network for financial service. It is a fork of Stellar blockchain protocol. It is based on multi-hop technology and FBA consensus. It provides a protocol layer for digital asset management, trade, and exchange. It provides a decentralized exchange platform, marketplace, KYC/AML tools, token name certification, etc.
- Website
- digitalbits.io
Key Metrics
Founded Year
2018
Location
Palo Alto, United States
Stage
Funding Raised
Investors
Ranked
96th among 405 active competitors
Employee Count
5 as on Sep 30, 2026
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DigitalBits's funding and investors
DigitalBits is a funded company. DigitalBits has 4 institutional investors.
View details of DigitalBits's funding rounds and investors
DigitalBits' founders and board of directors
Founder? Claim ProfileThe founders of DigitalBits is Al Burgio.
Here are the details of DigitalBits' key team members:
- Al Burgio: Founder & CEO of DigitalBits and founder of 4 other companies, including XDB Chain, Console Connect and Console Network.
View details of DigitalBits's Founder profiles and Board Members
DigitalBits' employee count trend
DigitalBits has 5 employees as of Sep 26. Here is DigitalBits's employee count trend over the years:
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DigitalBits's Competitors and alternates
Top competitors of DigitalBits include Circle, Blockstream and KAST. Here is the list of Top 10 competitors of DigitalBits, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.51B | 88/100 | |
2nd | Blockstream 2014, Montreal (Canada), Series C | Developer of cryptocurrency infrastructure software and open source hardware wallets | $651M | 76/100 | |
3rd | App-based platform offering stablecoins | $90M | 76/100 | ||
4th | Blockchain network for payments | $125M | 75/100 | ||
5th | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 69/100 | |
6th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 69/100 | |
7th | Developer of decentralized protocols providing execution services for trading platforms | $15.4M | 65/100 | ||
8th | Crypto-based financial service provider | $500K | 64/100 | ||
9th | Lightning Labs 2016, San Francisco (United States), Series B | Developer of infrastructure software for the bitcoin lightning payment network | $82.5M | 60/100 | |
10th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 60/100 | |
96th | DigitalBits 2018, Palo Alto (United States), Funding Raised | Sidechain-network for financial service | - | 32/100 |
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DigitalBits's Investments and acquisitions
DigitalBits has made no investments or acquisitions yet.
Reports related to DigitalBits
Here is the latest report on DigitalBits's sector:
News related to DigitalBits
•
World’s first Football Talent App “One of Us” enters the web3 with the XDB CHAINBitcoin Insider•Oct 18, 2023•One Of Us, DigitalBits
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SANDBOX GROUP Announces Move Into Web3 Through Partnership With XDB ChainBitcoin Insider•Oct 12, 2023•DigitalBits, Sandbox Group
•
David Beckham’s Metaverse Dreams Come to LifeThe Crypto Times•May 12, 2023•David Beckham, DigitalBits
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LootMogul Selects DigitalBits for Its Multi-chain Sports MetaverseFinancial Post•Aug 27, 2022•LootMogul, DigitalBits
•
DigitalBits and Epico Play bring ultimate digital experience to European football fansSiliconAngle•Aug 04, 2022•Epico Play, DigitalBits
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DigitalBits Blockchain Launches The Prince Albert II of Monaco Foundation App In Order To support Its Environmental MissionsPR Newswire•Jul 30, 2022•DigitalBits
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DigitalBits Blockchain Now Live on Fireblocks Including Integration for Fungible Tokens and NFTsCNW•May 12, 2022•DigitalBits, Fireblocks
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AS Roma Signs €36 Million Product Partnership Deal Supporting the DigitalBits BlockchainPR Newswire•Jul 27, 2021•AS Roma, Zytara, DigitalBits
•
Mantle Technology to Integrate DigitalBits BlockchainBusiness Wire•May 05, 2021•Mantle, DigitalBits, Elitium
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