bitFlyer

cryptocurrencyexchanges & trading platforms

FOUNDING YEAR: 2014
LOCATION: Japan
Last Update: 10/07/2020

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About

bitFlyer (https://bitflyer.jp) is a Bitcoin exchange and marketplace that is dedicated to providing it's customers with convenient and exciting ways to buy, sell, and spend Bitcoins.Alongside JADA, the Japan Authority of Digital Assets, bitFlyer hopes to spread the usage of Bitcoin in Japan and around the world, making the process to buy, sell, and spend Bitcoins streamlined and seamless.Stay tuned for many more exciting developments to come!

MEDICI Analysis

Bitflyer was renamed as chainflyer, enables the buying and selling of bitcoin, crowdfunding with bitcoin and more. The company has operated in US & Europe and it is the only one licensed in Europe that will allow users to trade with Japan.

Focus

PRODUCTS & SERVICES

Buy/sell bitcoin

MAIN CLIENTS

Online retail Cryptocurrency Investors

Corporate Cryptocurrency traders

EXISTING PARTNERSHIPS

GMO Payment

Traction

VALUATION / MARKET CAP:

$11.67 M in 2017

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

5

TOTAL FUNDING

$31.76 M

DATE OF LAST FUNDING

Feb 2017

ESTIMETED REVENUE RANGE

$10M to $50M

SEED & PRIOR FUNDING

$1.17 M

SEED CLOSED ON

Jun 2014

FUNDING SERIES

SERIES A  · $1.6 M  · Jul 2014

SERIES B  · $236 K  · Oct 2014

SERIES C  · $27 M  · Apr 2016

OTHERS  · $1.75 M · Feb 2017

LISTED

NO

COMMENT

Venture fund: $9.03 M raised in Feb 2017.

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