Founded in 2015, XBTO began as a proprietary trading firm and since 2023 has evolved into a vertically integrated digital assets investment firm covering capital markets, regulated custody and trading, and quantitative wealth and asset management. The firm provides institutional custody, OTC and derivatives trading, liquidity provisioning, quantitative asset management, structured products, and secured digital-asset lending. XBTO emphasizes regulated, capital-efficient infrastructure and operates under oversight from the Bermuda Monetary Authority and the Financial Services Regulatory Authority in Abu Dhabi. It maintains operations in major financial hubs including Bermuda, New York, Miami, London, Paris, and Abu Dhabi. The company plans to use the new capital to scale client-facing technology into a one-stop institutional platform, seed additional hedge funds and structured products, and develop Lombard-style secured credit and structured credit offerings with institutional-grade collateral management and risk controls. XBTO positions itself to serve institutional and high-net-worth clients seeking regulated, bespoke digital-asset services as institutional participation in digital assets matures.

Total raised

$217M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026