# GBM Global Holding Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gbm-global-holding-company

- Industry: Financial Services
- Headquarters: Grand Cayman, Cayman Islands
- Website: www.bitmart.com
- Latest round: Series B (Nov 29, 2021)
- Investors on record: 3

## About

GBM Global Holding Company Limited is a cryptocurrency exchange that facilitates the trading of various digital assets, providing users with advanced financial products and services.GBM Global Holding Company Limited operates as a cryptocurrency exchange, enabling the trading of digital assets. The company was founded by Bitmart Admin, Jessica Y, and Sheldon X, with Darin Chan serving as the CEO. Its headquarters is located in Grand Cayman, Cayman Islands. The company has raised a total of USD 10.00 mn in funding through three deals, with the most recent being a Series B round on November 29, 2021, led by Alexander Capital Ventures and including participation from Alpha Square Group and Chaos Ventures. The current valuation of the company stands at USD 300.00 mn.BitMart operates primarily as a cryptocurrency exchange, providing a platform for the buying and selling of digital assets, including major cryptocurrencies such as Bitcoin, Ethereum, and Tether. The exchange facilitates spot trading, futures trading, and various financial products that support users in earning potential returns on their investments through mechanisms like staking and savings programs. BitMart also offers a unique feature, the BitMart Token (BMX), which enhances user experience by providing discounts on trading fees. The platform serves a diverse global clientele across North America, Asia, and Europe, catering to both retail investors and institutional clients.BitMart generates revenue primarily through transaction fees incurred during trades, including spot and futures trading. The fee structure involves a percentage charged on each transaction, providing steady income as users engage in trading activities. Revenue is also bolstered through premium services for institutional clients and partnerships that enhance platform capabilities, effectively catering to a wide array of market participants.In November 2021, GBM Global Holding Company Limited raised USD 10.00 mn in Series B funding to expand its metaverse development efforts and enhance social connections, experimentation, and entertainment. The company is focused on launching new products aimed at increasing user engagement and plans to expand into additional markets in North America and Asia within the next year.

## Funding rounds

- Series B, Nov 29, 2021 — Alpha Square Group, Alexander Capital Ventures, Chaos Ventures

## Investors

- Alpha Square Group — Series B
- Alexander Capital Ventures (https://capitalatlas.ai/funds/alexander-capital-ventures) — Series B
- Chaos Ventures (https://capitalatlas.ai/funds/chaos-ventures) — Series B