Xapo, founded in 2013 and headquartered in Gibraltar, operates as a Bitcoin-enabled bank integrating traditional finance with cryptocurrency. The company holds dual regulatory licenses as both a credit institution and a Virtual Asset Service Provider, enabling it to offer a comprehensive suite of financial services centred on Bitcoin and digital assets.
The company's core offering is a banking platform combining Bitcoin and USD holdings with traditional financial services. This is underpinned by proprietary security infrastructure: a triple-layered custody system incorporating underground vaults and Multi-Party Computation technology. Xapo also provides interest-bearing Bitcoin accounts, Bitcoin-backed loans, a global debit card offering up to 1% uncapped Bitcoin cashback, and access to US stocks and ETFs for members.
Xapo operates with over 130 employees distributed across 30+ countries in a fully remote structure. The team has spent more than a decade refining secure Bitcoin storage and custody services, evolving from its origins as a Bitcoin wallet provider into a licensed digital retail banking group.
