Xapo

Xapo is a licensed digital retail banking group that combines conventional banking with cryptocurrency. Founded in 2013 and headquartered in Gibraltar, it describes itself as the world's first Bitcoin-enabled bank, operating under dual regulatory licensing as both a credit institution and a Virtual Asset Service Provider. The group employs more than 130 people across over 30 countries, working as a fully distributed team.

The company's offering spans Bitcoin and USD holdings, Bitcoin-backed loans and interest-bearing accounts that pay interest in Bitcoin. Members also receive access to US stocks and ETFs and a global debit card paying up to 1% uncapped Bitcoin cashback. Custody sits at the centre of the business: Xapo has spent more than a decade refining secure Bitcoin storage, combining underground vaults with multi-party computation (MPC) technology in what it terms triple-layered security.

Technical work at Xapo touches Bitcoin custody and secure storage, MPC technology, cryptocurrency banking infrastructure and digital banking platforms, with a focus on integrating traditional finance and crypto. The firm's stated mission is borderless financial freedom, and it operates across retail banking, wealth management, lending and payments.