ItBit

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Template:Infobox Dotcom company

itBit is a digital currency exchange built on global equities exchange standards. The exchange can be used by institutional investors, commercial businesses, and retail investors to trade bitcoin with U.S. dollars, Singapore dollars and euros worldwide.[1] The exchange relies on top tier finance and security technology, employing NASDAQ exchange technology, Thomson Reuters for screening and continuous suspicious activity monitoring, and Jumio for identity verification.[2]

itBit’s leadership includes Richmond Teo, CEO, and Jason Melo, CTO. The company is headquartered in Singapore. itBit is backed by Canaan Partners, RRE Ventures, Liberty City Ventures, and notable angel investors Jay W. Jordan II and Ben Davenport.[1] itBit has received more than US$5 million in venture capital.[3]

In February 2014, itBit was unaffected by a denial-of-service attack that caused several other prominent Bitcoin exchanges to suspend withdrawals for several days[4][5]

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