Xapo Bank
The world's first Bitcoin-enabled bank, combining the safety of a USD bank account with blockchain payments and interest on both USD and BTC holdings.
About
Xapo was founded in 2013 by Wences Casares to offer early Bitcoiners the world's most secure Bitcoin storage, earning the reputation as the "Fort Knox of Bitcoin." In 2021, the company expanded by founding Xapo Bank, headquartered in Gibraltar, combining the regulatory protections of traditional banking with the financial freedom of blockchain technology.
Xapo Bank is the first Bitcoin-enabled bank to fully integrate traditional finance with crypto. Members can secure and grow their wealth with interest on both USD deposits and Bitcoin holdings, transact via international payment networks and blockchain rails, and spend with a card globally. The bank was also the first to integrate the Lightning Network for fast, low-cost Bitcoin transactions.
Authorised as a credit institution and Distributed Ledger Technology Provider in Gibraltar, Xapo Bank operates under stringent regulatory frameworks. The team is fully distributed, working remotely across more than 30 countries.