BENX Digital Asset Exchange
BENX is a Singapore-headquartered over-the-counter (OTC) digital asset exchange platform founded in 2019, serving institutional and high-net-worth crypto traders with bespoke large-block execution across digital assets.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
BENX Digital Asset Exchange firmographics
Firmographics- Name
- BENX Digital Asset Exchange
- Website
- https://benx.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- BENX is a Singapore-headquartered over-the-counter (OTC) digital asset exchange platform founded in 2019, serving institutional and high-net-worth crypto traders with bespoke large-block execution across digital assets.
- Ownership category
- akta.pro rank
BENX Digital Asset Exchange industry classification
Industry- Product category
- Digital Asset Exchange (OTC)
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- OTC Desks & Block Trading (Exchange-Operated) (FSADAAAE)
- akta.pro secondary industries
- OTC Spot Trading & Block Execution (FSADAJAB), Centralized Crypto Exchanges (CEX) (FSAPADAA), Institutional / OTC Crypto Credit & Bilateral Lending (FSADAFAD)
Keywords
Where BENX Digital Asset Exchange is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
BENX Digital Asset Exchange business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
BENX Digital Asset Exchange product offering
Product offeringCore offering
BENX Digital Asset Exchange is a Singapore-based over-the-counter (OTC) digital asset exchange platform. It facilitates the trading of cryptocurrencies and digital assets between qualified counterparties, supporting large-volume block trades conducted off public order books. The platform combines exchange infrastructure with compliance and settlement capabilities to serve institutional and other qualified participants in the digital asset market.
Differentiator
Problem solved
Functional benefit
Companies that use BENX Digital Asset Exchange
Customer profileIdeal customer profiles1 record
BENX Digital Asset Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BENX Digital Asset Exchange partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
BENX Digital Asset Exchange competitors and assessment
Company assessmentRegional players
- OSL: OSL is a Hong Kong-headquartered, SFC-licensed digital asset platform serving institutional clients with OTC and brokerage services. Comparable to BENX as a regulated APAC institutional OTC venue, though focused on Hong Kong/China corridor.
- Independent Reserve: Independent Reserve is an Australian-licensed digital asset exchange with OTC services for institutional clients. A regional APAC comparable to BENX in offering OTC execution under a regulated framework.
Direct peers
- FalconX: FalconX is a digital asset brokerage and OTC trading platform serving institutional clients with execution, credit, and custody access. Closely comparable to BENX in customer segment (institutional counterparties) and OTC business model.
- Circle Trade: Circle Trade is the OTC trading desk of Circle (issuer of USDC), providing institutional liquidity across major digital assets. It is a direct comparable to BENX as an institutional OTC venue, though with stronger balance sheet and stablecoin-native flow.
- Wintermute: Wintermute is a global crypto market maker and OTC liquidity provider operating across CEXs and OTC channels. Its OTC desk directly competes with BENX for institutional block trades and proprietary flow.
- Genesis Global Trading: Genesis was a leading institutional crypto OTC desk and lending platform before its 2023 bankruptcy. Historically a direct peer to BENX in OTC execution, spot trading, and institutional credit.
- Cumberland (DRW Trading): Cumberland is the dedicated OTC crypto trading arm of DRW, one of the largest institutional crypto liquidity providers globally. Like BENX, it focuses on institutional block trading, OTC execution, and large-ticket digital asset transactions for funds, miners, and corporate counterparties.
Broad incumbents
- Kraken OTC: Kraken operates an OTC desk serving institutional clients as part of its broader exchange offering. A broader incumbent with deeper liquidity and longer operating history than BENX, but overlapping in OTC execution.
- Binance OTC: Binance operates a global OTC trading desk within its larger exchange ecosystem. A broad incumbent with the deepest spot liquidity in the market, providing direct competition to BENX in institutional block execution.
- Coinbase Institutional: Coinbase operates a large institutional OTC desk alongside its retail-focused exchange. While broader in scope (full-stack crypto platform, publicly listed), its OTC offering directly overlaps with BENX's institutional execution business.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
BENX Digital Asset Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
BENX Digital Asset Exchange leadership team
Management profileNumber of profiles
BENX Digital Asset Exchange funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BENX Digital Asset Exchange 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 BENX Digital Asset Exchange
What does BENX Digital Asset Exchange do?
BENX Digital Asset Exchange is a Singapore-based over-the-counter (OTC) digital asset exchange platform. It facilitates the trading of cryptocurrencies and digital assets between qualified counterparties, supporting large-volume block trades conducted off public order books. The platform combines exchange infrastructure with compliance and settlement capabilities to serve institutional and other qualified participants in the digital asset market.
When was BENX Digital Asset Exchange founded?
BENX Digital Asset Exchange was founded in 2019. It employs 51 to 100 people.
Where is BENX Digital Asset Exchange based?
BENX Digital Asset Exchange is headquartered in Singapore, Singapore, in the Asia region.
Who are BENX Digital Asset Exchange's main competitors?
Regional players on record are OSL and Independent Reserve. Direct peers are FalconX, Circle Trade, Wintermute, Genesis Global Trading and Cumberland (DRW Trading). Broad incumbents are Kraken OTC, Binance OTC and Coinbase Institutional.
Does BENX Digital Asset Exchange have an API?
No public API is recorded for BENX Digital Asset Exchange.
What industry is BENX Digital Asset Exchange in?
BENX Digital Asset Exchange's product category is Digital Asset Exchange (OTC). Its primary akta.pro industry code is FSADAAAE, OTC Desks & Block Trading (Exchange-Operated), with a secondary code of FSADAJAB, OTC Spot Trading & Block Execution. Its NAICS code is 5231 and its SIC code is 6200.