itBit

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itBit Trust Company, LLC
ItBit.png
Industryexchange
FoundedApril, 2012
HeadquartersSingapore
New York City, NY, United States
Founder(s)Charles Cascarilla, Richmond Teo
Websitehttps://www.itbit.com
 Twitter  Facebook 
itBit is the Bitcoin branch of NY based blockchain company Paxos. itBit re-branded as Paxos in September 2016.[1]

On May 6th 2015, Paxos became the first bitcoin exchange to become a trust company, receiving a charter from the NYDFS.[2]

References

  1. CoinDesk: ItBit Rebrands as Paxos Amid Blockchain Pivot"
  2. Ben Lawsky on Twitter: "Big day. New York issues first charter to a virtual currency company: @itBit (a Bitcoin Exchange) http://t.co/CXrYTrtpGk"