itBit Pte. Ltd. is the Singapore-registered entity associated with the itBit cryptocurrency exchange, a platform now operated by Paxos, a leading regulated blockchain infrastructure company. Originally founded in 2012, itBit focused on providing institutional-grade cryptocurrency trading and custody services. After becoming part of Paxos, the itBit exchange continues to offer secure and compliant digital asset trading, deep liquidity, and reliable custody solutions, primarily catering to institutional clients and active traders. Paxos, and by extension itBit, emphasizes regulatory compliance, holding charters and licenses in key financial jurisdictions, including a Trust Charter from the New York State Department of Financial Services (NYDFS) for Paxos Trust Company and in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore (MAS) for Paxos Digital Singapore Pte. Ltd. The platform is known for its robust security measures and commitment to transparency in the digital asset space.
Serves as a key operational hub for Paxos in the Asia-Pacific region, supporting exchange operations (including itBit), client services, business development, and regulatory engagement within APAC.
Modern office facilities situated in a prime business area, equipped to support a high-performance team focused on financial technology and digital assets. Designed for collaboration and security.
A dynamic, innovative, and fast-paced environment characteristic of a leading fintech company. The culture emphasizes collaboration, adherence to regulatory standards, security, and the development of cutting-edge blockchain solutions.
The Singapore office is strategically important for Paxos' global strategy, facilitating access to the rapidly growing digital asset market in Asia and enabling engagement with regional regulatory frameworks.
Through its integration with Paxos, itBit Pte. Ltd. is part of a global financial technology infrastructure. Paxos provides regulated digital asset services worldwide, including cryptocurrency brokerage, tokenization-as-a-service, the itBit crypto exchange, institutional-grade custody of digital assets, issuance of regulated stablecoins (like USDP and PYUSD), and securities and commodities settlement services for institutional clients across North America, Europe, and Asia.
80 Robinson Road, #08-01
Singapore
Singapore
Singapore
Address: 450 W 33rd Street, 10th Floor, New York, NY 10001, USA
Acts as the central hub for innovation, core operations, and is the primary point of contact with US regulators such as the New York State Department of Financial Services (NYDFS). Drives the development of stablecoins, custody solutions, and trading platforms.
Address: Fora, 2 Capper Street, London, WC1E 6JA, United Kingdom
Supports Paxos's strategic expansion in the EMEA (Europe, Middle East, and Africa) region, providing localized services and ensuring adherence to regional financial regulations for its suite of products.
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As of April 2025, itBit' leadership includes:
itBit has been backed by several prominent investors over the years, including:
Paxos, the parent company of itBit, has made several strategic leadership appointments over the past 12-18 months to bolster its executive team, focusing on areas like People operations, legal expertise, and commercial expansion. No high-profile executive departures have been widely publicized in the immediate recent period.
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Email addresses at Paxos, the operator of the itBit exchange, typically follow common corporate structures using the @paxos.com domain. The most frequently observed patterns are [first_initial][last] (e.g., jdoe@paxos.com) or [first].[last] (e.g., jane.doe@paxos.com).
[first_initial][last]@paxos.com or [first].[last]@paxos.com
Format
jdoe@paxos.com
Example
85%
Success rate
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Paxos Blog • November 2, 2023
Paxos Digital Singapore Pte. Ltd. announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license. This approval will allow Paxos to offer digital payment token services and further expand its regulated digital asset and stablecoin offerings in the Asia-Pacific region....more
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