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Foxbit
Cryptocurrency exchange company operating in Brazil with trading in bitcoin, ether, litecoin, TrueUSD and XRP
About Foxbit
Foxbit is a prominent cryptocurrency exchange based in Brazil, serving both individual and institutional clients. Operating in the rapidly growing digital asset market, Foxbit provides a platform for buying, selling, and storing cryptocurrencies such as Bitcoin and Ethereum. The company generates revenue through transaction fees, premium account services, and educational resources aimed at helping users navigate the complexities of cryptocurrency trading. Foxbit's business model focuses on security, user experience, and regulatory compliance to ensure a trustworthy trading environment. The platform caters to a diverse clientele, from novice traders to seasoned investors, and offers various tools and resources to facilitate informed trading decisions.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Osasco, Brazil
- Employees
- 105
- Open positions
- 3
- Dealroom signal
- 69.9/100
- Industry
- Fintech
- Sub-industry
- Crypto and DeFi
- Sector
- Fintech, Financial Exchanges, Bitcoin, Trading, Crypto and Web3, Hard Tech
- Technology
- Blockchain
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 2 companies, latest Nov 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2022 | $21M | $84M | OK Group | ↗ |
| SEED✓Equity / VC | Apr 2016 | $100K | $400K | Bernardo Faria | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Foxbit is 85K monthly website visits, down 14.1% over the last three months. Foxbit's team declined 7.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
MODIAXSão José do Rio Preto, BrazilCryptocurrency exchange platform
→
BI
BitinvestSanto, United StatesThe most reliable market to buy, sell and store your digital currencies
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Bernardo Faria
Series A1 investor entered at this stage
- OGOK Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Foxbit on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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