Cybavo
Cybavo is a Singapore-based digital asset custody infrastructure provider founded in 2018 that builds wallet and custody technology for crypto businesses, exchanges, and fintechs across Asia-Pacific, operating with a 51-100 person team.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Cybavo does
Cybavo is a Singapore-headquartered digital asset custody infrastructure provider founded in 2018 that builds technology for crypto businesses to securely store and manage digital assets. The company targets crypto exchanges, fintechs, and other digital asset service providers that need institutional-grade wallet and custody capabilities. Its team of 51-100 employees operates under a founder-led structure, with Paul Fan serving as co-founder and CEO, Tim Hsu as co-founder and CTO, Jordan Forssman as COO, and Steven Shen heading Growth Tech Solutions. The company has raised a total of $4,000,000 in disclosed funding, most recently a 2021 round led by 500 Global with participation from H&D Asset Management and New Economy Ventures, following an earlier 2019 engagement with Startup Island TAIWAN.
Public data on Cybavo's specific product architecture, pricing model, customer roster, and revenue mechanics is limited in the available input. Its offering sits within the digital asset custody vertical — a security-critical infrastructure layer encompassing key management, wallet orchestration, and policy controls — typically delivered to B2B customers via APIs, SDKs, and managed services on a per-wallet, per-transaction, or AUM-tiered pricing basis. Cybavo's go-to-market signals include a Singapore regulatory base (offering access to MAS-supervised frameworks relevant to payment and digital token services), a Taiwan-linked ecosystem partnership, and a dedicated growth function, indicating founder-led enterprise sales supplemented by channel/partner-led distribution in Asia-Pacific. Significant information gaps remain on customer concentration, named logos, ARR, and product-level technical differentiators.
Cybavo firmographics
Firmographics- Name
- Cybavo
- Website
- https://cybavo.com
- Company type
- Private
- Founded year
- 2018
- Headcount range
- 51–100 employees
- Short description
- Cybavo is a Singapore-based digital asset custody infrastructure provider founded in 2018 that builds wallet and custody technology for crypto businesses, exchanges, and fintechs across Asia-Pacific, operating with a 51-100 person team.
- Ownership category
- akta.pro rank
Cybavo industry classification
Industry- Product category
- Digital Asset Custody Infrastructure
- NAICS
- Trusts, Estates, and Agency Accounts (525920)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
Keywords
Where Cybavo is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Cybavo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Distribution channels5 records
Marketing channels9 records
Cybavo product offering
Product offeringCore offering
Cybavo provides digital asset custody infrastructure for crypto businesses. The company delivers secure storage, management, and transaction solutions for digital assets, serving institutional and enterprise crypto-native clients such as exchanges and digital asset platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Asset Custody Infrastructure
Quantifiable outcome
- Settle in seconds, not days
- +2 more outcomes
Companies that use Cybavo
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles1 record
Cybavo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Cybavo partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core.
- INFINIOScoreStrategic agreement to advance digital finance infrastructure, combining INFINIOS's capabilities with Circle's stablecoin infrastructure.
- NiumcorePartnership to connect USDC settlement with global payouts, enabling real-time stablecoin-powered international transfers.
- Standard CharteredcoreStrategic banking partnership for digital asset infrastructure, liquidity services, and connectivity in the stablecoin era.
- BTG PactualcoreBanking partnership for digital asset services leveraging Circle's stablecoin infrastructure.
- NubankcorePartnership to bring digital dollar access and stablecoin services to Nubank's customer base in Latin America.
- StripecorePayment infrastructure partnership integrating Circle's stablecoin services for global payment processing.
- MoneyGramcoreGlobal payout network partnership connecting USDC settlement with MoneyGram's worldwide remittance network.
- BinancecoreMajor cryptocurrency exchange offering USDC trading pairs and liquidity services.
- CoinbasecoreUSDC custody and integration partnership with leading US cryptocurrency exchange.
- SolanacoreBlockchain partnership for native USDC support and cross-chain functionality on Solana network.
- ArbitrumcoreLayer-2 blockchain partnership for USDC integration and bridged USDC standard.
Scale indicators3 records
Recent moves4 records
Expansion highlights3 records
Cybavo competitors and assessment
Company assessmentDirect peers
- Fireblocks: Fireblocks provides institutional digital-asset custody infrastructure (MPC-based wallets, secure transfer networks, and policy controls). It is the most direct comparator to Cybavo in serving exchanges, banks, and fintechs with custody and wallet infrastructure.
- BitGo: BitGo is a long-standing institutional digital-asset custodian and wallet infrastructure provider with qualified custody status and a multi-jurisdictional regulatory footprint. It directly competes with Cybavo for institutional and exchange custody mandates.
- Anchorage Digital: Anchorage Digital is a federally chartered digital-asset bank offering institutional custody. It competes head-to-head with Cybavo in serving institutional clients seeking regulated custody of digital assets.
- Cobo: Cobo provides institutional-grade digital-asset custody and wallet-as-a-service infrastructure, with strong APAC roots. It is a direct competitor to Cybavo, especially across Asian exchanges, fintechs, and institutional clients.
- Hex Trust: Hex Trust is an Asia-headquartered, fully licensed digital-asset custodian offering institutional custody and staking services. It competes with Cybavo for institutional mandates in APAC.
- Gemini Custody: Gemini's custody service offers regulated, insured cold-storage custody for institutions. It is a direct competitor in the institutional custody segment that Cybavo targets.
- Ledger Enterprise: Ledger Enterprise provides self-custody and digital-asset management solutions for financial institutions, corporates, and exchanges using hardware-rooted key security. It competes with Cybavo in the institutional custody infrastructure category.
Broad incumbents
- Coinbase Custody: Coinbase Custody is the qualified-custody arm of Coinbase, offering institutional cold-storage custody at global scale. As a broad incumbent it offers overlapping services with Cybavo but at much larger scale.
- Fidelity Digital Assets: Fidelity Digital Assets is the institutional crypto-custody and trading arm of Fidelity Investments, serving large institutional clients. As a broad incumbent, it competes for many of the same institutional custody mandates Cybavo pursues.
Emerging players
- Safe (formerly Gnosis Safe): Safe provides smart-contract-based multisig custody infrastructure that institutions and protocols use to self-custody digital assets. It is an emerging infrastructure peer whose technology partially overlaps with Cybavo's custody offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Cybavo social profiles
Digital presenceCybavo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cybavo leadership team
Management profileNumber of profiles
Profiles4 records
Cybavo funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cybavo 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 Cybavo
What does Cybavo do?
Cybavo provides digital asset custody infrastructure for crypto businesses. The company delivers secure storage, management, and transaction solutions for digital assets, serving institutional and enterprise crypto-native clients such as exchanges and digital asset platforms.
When was Cybavo founded?
Cybavo was founded in 2018. It employs 51 to 100 people.
Where is Cybavo based?
Cybavo is headquartered in Singapore, Singapore, in the Asia region.
Who are Cybavo's main competitors?
Direct peers on record are Fireblocks, BitGo, Anchorage Digital, Cobo, Hex Trust, Gemini Custody and Ledger Enterprise. Broad incumbents are Coinbase Custody and Fidelity Digital Assets. Safe (formerly Gnosis Safe) is listed as an emerging player.
Does Cybavo have an API?
No public API is recorded for Cybavo.
What industry is Cybavo in?
Cybavo's product category is Digital Asset Custody Infrastructure. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated). Its NAICS code is 525920 and its SIC code is 6199.