SIBEX
Solves issues such as front-running and reduces the trading cost of capital by providing an institutional-grade dark venue for digital asset procurement and liquidation by enabling cross-chain transactions.
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.8m | Seed | ||
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 43 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
SIBEX is a cutting-edge startup that operates in the financial technology (fintech) sector, specifically focusing on decentralized trading solutions for digital assets. The company provides a platform that enables users to trade Bitcoin (BTC) for any ERC20 token, which are digital assets on the Ethereum blockchain. This is achieved through their unique cross-chain technology, allowing seamless and secure transactions between different types of digital assets.
SIBEX primarily serves individual traders, cryptocurrency enthusiasts, and over-the-counter (OTC) trading groups. OTC trading refers to the process of trading financial instruments directly between two parties, outside of formal exchanges. The platform is designed to be user-friendly, catering to both novice and experienced traders who seek a private, secure, and decentralized trading environment.
The market SIBEX operates in is the rapidly growing digital asset and cryptocurrency market. This market has seen significant growth and interest from both retail and institutional investors, driven by the increasing adoption of blockchain technology and digital currencies.
SIBEX's business model revolves around providing a non-custodial, decentralized trading platform. Non-custodial means that users retain control of their private keys and funds, reducing the risk of hacks and thefts that are common in centralized exchanges. The company makes money by charging transaction fees for trades executed on its platform. Additionally, SIBEX offers premium features and services, such as the ability to create and manage private OTC trading groups, which can be monetized through subscription fees or additional service charges.
In summary, SIBEX is a fintech startup that offers a secure, decentralized platform for trading digital assets, catering to individual traders and OTC groups. It operates in the burgeoning cryptocurrency market and generates revenue through transaction fees and premium services.
Keywords: decentralized trading, digital assets, cryptocurrency, Bitcoin, ERC20 tokens, OTC trading, non-custodial, fintech, secure platform, private trading rooms.