BitLicense Recipients

A list of all New York Department of Financial Service BitLicense and limited purpose trust charter recipients.

By Nikhilesh De, Sandali Handagama, Jaspreet Kalra, Danny Nelson

Jun 24, 2020 at 1:00 p.m. UTC

Updated Dec 12, 2022 at 12:49 p.m. UTC

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Secure Your Seat

The first BitLicense was issued in 2015, just months after the regulatory regime was first implemented. A total of 25 entities are now approved to operate in New York by the Department of Financial Services, including six limited purpose trust companies.

BitLicenses

Circle Internet Financial, Inc. (9/22/15)
XRP II, LLC (Ripple) (6/13/16)
COINBASE, Inc. (1/17/17)
bitFlyer USA, Inc. (11/28/17)
Genesis Global Trading (5/17/18)
XAPO, Inc.https://www.dfs.ny.gov/about/press/pr1806141.htm (6/14/18)
Square, Inc. (6/18/18)
BitPay, Inc.https://www.dfs.ny.gov/about/press/pr1807161.htm (7/16/18)
Coinsource (Clark, Sharp and Reynolds LLC) (11/1/18)
NYDIG Execution LLC (11/14/18)
LibertyX (Moon Inc.) (1/24/19)
Robinhood Crypto, LLC (1/24/19)
Cottonwood Vending, LLC (1/31/19)
Bitstamp USA, Inc. (4/9/19)
Tagomi Trading LLC (3/27/19)
Seed CX (7/15/19)
Zero Hash LLC
SCXM
SoFi Digital Assets, LLC (12/3/19)
Eris Clearing, LLC (ErisX) (5/6/20)

Limited Purpose Trust Charters

Gemini Trust Company, LLC (10/1/2015)
Paxos Trust Company, LLC (05/07/2015) (Formerly itBit Trust Company)
Coinbase Custody Trust Company (10/23/2018)
NYDIG Trust Company LLC (11/14/2018)
Bakkt Trust Company LLC (8/16/2019)
Fidelity Digital Asset Services, LLC (11/19/2019)

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.