# Bitso

> Bitso is a Mexico City-based financial services group combining a consumer crypto and investment app with enterprise payment infrastructure. Bitso Business connects stablecoins, currency conversion and local bank payment systems so companies can collect, hold and send money across Latin America and other supported markets.

- **Founded:** 2014
- **Headquarters:** Mexico City, Mexico
- **Founders:** Pablo González (Co-founder; founding CEO), Ben Peters (Co-founder), Daniel Vogel (Co-founder and CEO; joined full-time in 2015)
- **Products:** Bitso app, Bitso Alpha, Bitso Business, Juno / MXNB, Stocks and ETFs
- **Notable:** Obtained Gibraltar DLT license in 2019., Raised US$250 million at US$2.2 billion valuation in May 2021., Reported over US$6.5 billion in US-Mexico remittances in 2024.

## Products & services

- **Bitso app** — Consumer app for buying, selling and holding crypto, transfers and eligible investment products; current website advertises 100+ crypto assets.
- **Bitso Alpha** — Trading interface for more experienced crypto traders, with order-book trading and maker-taker fees.
- **Bitso Business** — Enterprise payment infrastructure, pay-ins, payouts, stablecoin transfers, multi-currency accounts, FX and institutional trading through platform and APIs.
- **Juno / MXNB** — Bitso group stablecoin issuer and mint/redemption infrastructure; MXNB is pegged 1:1 to Mexican pesos, backed by pesos and cash equivalents.
- **Stocks and ETFs** — Eligible users can access stock and ETF investment services through an independent investment adviser; availability depends on jurisdiction.
- **Onchain by Bitso** — Independent self-custody platform built by Bitso; the current homepage advertises more than 300 perpetual markets, subject to jurisdictional restrictions.

## Achievements

- Obtained Gibraltar DLT license in 2019.
- Raised US$250 million at US$2.2 billion valuation in May 2021.
- Reported over US$6.5 billion in US-Mexico remittances in 2024.
- December 2025 company release reported US$82 billion annualized total payment volume and US$15.6 billion annualized Mexican payment volume.
- June 2026 partner announcement reported more than 10 million users and over 2,000 institutional clients.

## Latest updates

- **2025-12** — Bitso published a consumer stock-investing guide and announced an US$82 billion annualized TPV run rate for Bitso Business.
- **2026-06** — Ripple announced expanded partnership with planned MXNB issuance on XRPL and integration into permissioned DEX payments infrastructure.
- **2026-06** — Bitso’s conference release reported 81% year-over-year growth in stablecoin payment volumes during H1 2026; company-reported.
- **2026-08** — Bitso Business blog described production use cases in remittances, enterprise payments and treasury.

## Links

- Website: https://bitso.com/
- LinkedIn: https://www.linkedin.com/company/bitso
- Twitter/X: https://x.com/bitso
- GitHub: https://github.com/bitsoex
- YouTube: https://www.youtube.com/bitso
- Instagram: https://instagram.com/bitso
- Facebook: https://www.facebook.com/bitsoex/

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Profile page: https://yespress.io/bitso
Published by YesPress — https://yespress.io
Last updated: 2026-10-11