BiLira
- Company typePrivate
- Founded2019
- HeadquartersSisli
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
BiLira firmographics
Firmographics- Name
- BiLira
- Legal name
- Bilira Kripto Varlık Alım Satım Platformu Anonim Şirketi
- Website
- https://bilira.co
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
BiLira industry classification
Industry- Product category
- Cryptocurrency Exchange & Stablecoin
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Tokenized Bank Deposit & Commercial Bank Money Issuers (FSADADAB)
- akta.pro secondary industries
- Crypto Payment Gateways & Checkout APIs (FSADAIAA), On/Off-Ramps & Fiat Liquidity Providers for Stablecoins (FSADADAG), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
Keywords
Where BiLira is headquartered
LocationHeadquarters
- HQ city
- Sisli
Offices1 record
Markets served
BiLira business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Crypto exchange fees: BiLira operates a crypto exchange (bilira.co/kripto.bilira.co) where users trade cryptocurrencies, likely generating revenue through trading fees/commissions on transactions conducted on the platform.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
BiLira product offering
Product offeringCore offering
BiLira issues TRYB, a Turkish lira-indexed stablecoin that is 100% backed by TRY reserves held in Turkish banks and is deployed across six major blockchains. It operates BiLira Kripto, a self-serve cryptocurrency exchange platform where users can buy TRYB and trade dozens of crypto assets, and BiLira Direct, a fiat on/off ramp that lets users transfer Turkish lira directly to partner exchanges. The company also serves as a regulated Turkish partner for Ripple's RLUSD USD stablecoin, providing institutional access in a market that processes nearly $200 billion in annual digital asset volume.
Product overview
BiLira operates as a unified crypto platform offering a Turkish Lira-backed stablecoin (TRYB) and a cryptocurrency trading platform (BiLira Kripto). TRYB, the company's flagship product, is a multi-chain stablecoin indexed to the Turkish Lira, collateralized 100% by TRY held in Turkish banks. The BiLira Kripto platform enables users to trade dozens of cryptocurrencies using TRYB. The ecosystem also includes BiLira Direct, a fiat on/off ramp product for Turkish Lira transfers. TRYB is tradable on multiple partner exchanges including MEXC, BitGet, ICrypex, Bittrex, and Bitronit.
Differentiator
Problem solved
Functional benefit
Brands
- TRYB: Turkish lira indexed stablecoin that can work on multiple blockchains including Ethereum, Avalanche, Binance Smart Chain, Solana, Algorand, and Polygon.
Products and services
- TRYB Stablecoin Türkiye's first Turkish lira-indexed stablecoin. Each TRYB is 100% backed by TRY held in Turkish banks, reported to regulatory bodies, and operates across six major blockchains for use in trading, DeFi, NFT, and cross-border transfers.
- BiLira Kripto BiLira Kripto is the company's main cryptocurrency trading platform, allowing Turkish users to invest in dozens of cryptocurrencies using TRYB and access a range of digital assets via a self-serve web and mobile interface.
- BiLira Direct BiLira Direct is the company's fiat on/off ramp product, enabling users to transfer Turkish lira directly to partner exchanges and supporting entry into and exit from the BiLira crypto ecosystem.
Companies that use BiLira
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
BiLira technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
BiLira partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship and core.
- RippleflagshipBiLira is a key Turkish market partner for Ripple's RLUSD stablecoin expansion into Türkiye. Ripple announced on June 2, 2026, that RLUSD is available to institutions in Türkiye through partnerships with BiLira, Bitexen, and Bitlo. This leverages Türkiye's $200B annual crypto market and the 2024 Capital Markets Board licensing framework.
- BitexencoreBitexen is a co-partner with BiLira and Bitlo in Ripple's RLUSD expansion into Türkiye, providing institutions regulated access to USD stablecoins in the Turkish market.
- BitlocoreBitlo is a co-partner with BiLira and Bitexen in Ripple's RLUSD expansion into Türkiye, providing institutions regulated access to USD stablecoins in the Turkish market.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
BiLira competitors and assessment
Company assessmentBroad incumbents
- Tether: Tether is the world's largest stablecoin issuer (USDT), operating across multiple blockchains with deep exchange liquidity. It is comparable to BiLira as a multi-chain stablecoin issuer, though USD-pegged and globally dominant rather than TRY-pegged and Turkey-focused.
Direct peers
- Circle: Circle issues USDC, the most prominent regulated USD stablecoin, and is also a direct investor in BiLira (Circle Ventures, 2023). Circle is comparable as a regulated, multi-chain stablecoin issuer pursuing institutional and compliant distribution channels.
- Paxos: Paxos is a regulated stablecoin issuer (USDP, PayPal's PYUSD) and blockchain infrastructure provider with strong NYDFS oversight. Comparable to BiLira as a compliance-first stablecoin issuer targeting institutional partners and exchanges.
- MakerDAO: MakerDAO issues DAI, a crypto-collateralized decentralized stablecoin operating across multiple blockchains. Comparable to BiLira as a multi-chain stablecoin issuer, though DAI is decentralized and over-collateralized versus TRYB's centralized fiat reserves.
- TrueUSD: TrueUSD is a regulated, multi-chain USD stablecoin with attestation-based reserves. Comparable to BiLira as a compliance-focused stablecoin issuer competing for exchange listings and institutional partners.
Others
- Ripple: Ripple issues RLUSD (USD stablecoin) and is BiLira's flagship strategic partner for Turkish institutional distribution. Comparable as a regulated stablecoin issuer, and a key partner shaping BiLira's institutional roadmap.
Regional players
- BtcTurk: BtcTurk is one of Turkey's largest cryptocurrency exchanges, serving the same Turkish retail and institutional market as BiLira. Comparable as a domestic Turkish crypto platform, though exchange-only rather than stablecoin-issuer.
- Paribu: Paribu is a leading Turkish cryptocurrency exchange serving retail and institutional Turkish users. Comparable to BiLira as a domestic Turkish crypto platform competing for the same user base with TRY on/off-ramps.
- Bitexen: Bitexen is a Turkish regulated crypto exchange and co-partner with BiLira in Ripple's RLUSD Turkish distribution. Comparable as a domestic Turkish crypto platform with institutional licensing under the Capital Markets Board framework.
- Bitlo: Bitlo is a Turkish regulated crypto exchange and co-partner with BiLira in Ripple's RLUSD Turkish distribution. Comparable as a domestic Turkish crypto platform with institutional licensing under the Capital Markets Board framework.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
BiLira social profiles
Digital presenceBiLira financial estimates
Financial estimateRevenue estimate
Valuation estimate
BiLira leadership team
Management profileNumber of profiles
Profiles6 records
BiLira funding detail
Funding detailFunding overview
Funding rounds4 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BiLira M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BiLira
What does BiLira do?
BiLira issues TRYB, a Turkish lira-indexed stablecoin that is 100% backed by TRY reserves held in Turkish banks and is deployed across six major blockchains. It operates BiLira Kripto, a self-serve cryptocurrency exchange platform where users can buy TRYB and trade dozens of crypto assets, and BiLira Direct, a fiat on/off ramp that lets users transfer Turkish lira directly to partner exchanges. The company also serves as a regulated Turkish partner for Ripple's RLUSD USD stablecoin, providing institutional access in a market that processes nearly $200 billion in annual digital asset volume.
Is BiLira a public or private company?
BiLira is a private company. It is classified as venture growth investor backed and is currently operating.
When was BiLira founded?
BiLira was founded in 2019. It employs 51 to 100 people.
Where is BiLira based?
BiLira is headquartered in Sisli.
How does BiLira make money?
One revenue line is on record: crypto exchange fees.
Who are BiLira's main competitors?
Tether is listed as a broad incumbent. Direct peers are Circle, Paxos, MakerDAO and TrueUSD. Ripple is listed as an others. Regional players are BtcTurk, Paribu, Bitexen and Bitlo.
Does BiLira have an API?
No public API is recorded for BiLira.
What industry is BiLira in?
BiLira's product category is Cryptocurrency Exchange & Stablecoin. Its primary akta.pro industry code is FSADADAB, Tokenized Bank Deposit & Commercial Bank Money Issuers, with a secondary code of FSADAIAA, Crypto Payment Gateways & Checkout APIs. Its NAICS code is 52321 and its SIC code is 6200.