CoolBitX, founded in 2014 and based in Taiwan, is a prominent blockchain security company aiming to bridge the gap between the mainstream market and the crypto industry. Known for creating pioneering global security solutions, it targets both users and Virtual Asset Service Providers (VASPs) with a strong emphasis on compliance. The company leverages a skilled team of 60 professionals to drive mass adoption of virtual assets through its flagship products: CoolWallet, a consumer hardware wallet, and Sygna, an AML solution for VASPs.
Having gained industry recognition as one of the Top 50 Blockchain companies of 2020 by CB Insights, CoolBitX continues to embody Taiwan's entrepreneurial spirit, highlighted by its nomination in the NEXT BIG project by the Taiwan National Development Council.
The company secured a $16.70M Series B investment in February 2020, with backers like the National Development Fund of Taiwan, Monex, and SBI Group, reflecting strong investor confidence. This funding positions CoolBitX well to advance its mission in an expanding blockchain ecosystem.