What XHYPE does

XHYPE FZCO is a Dubai-based (Dubai Silicon Oasis) cryptocurrency and digital commerce company founded in 2022 that operates a self-serve online marketplace for real-world experiences such as travel and concerts. Its flagship product, the XHYPE Superwallet, is a digital wallet that allows users to store cryptocurrency and spend it directly on experiences through the company's website, xhype.io, supported by a native payment token, $XHP, designed for use inside the marketplace.

The platform's underlying technology combines a consumer-facing wallet, a proprietary token payment rail, and a KYC/AML compliance stack that includes five-step account verification, transaction monitoring using rule-based systems, and sanctions screening against US, EU, and global watchlists. XHYPE is GDPR- and LOPD-GDD-compliant and maintains a Data Protection Officer presence in London (128 City Road). The GTM motion is product-led and direct-to-consumer: individuals sign up on the website, access the marketplace, and transact using crypto or $XHP, with email and the website itself as the primary acquisition channels.

The business model is structured as a two-sided marketplace with revenue mechanics likely consisting of transaction fees or commissions on purchases facilitated through the platform, augmented by token-based utility from $XHP. The platform serves a single persona — individual crypto-holding consumers seeking to convert digital assets into real-world experiences — and offers no published pricing tiers. Sergi Candel serves as CEO & Founder, and the company raised €1.8 million in May 2023 led by Holders&Brothers to fund the development of its cryptocurrency payment capabilities.

Name

XHYPE

Legal name

XHYPE FZCO

Website

https://xhype.io

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Crypto Payments Marketplace

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payment Gateways & Checkout APIs (FSADAIAA)

akta.pro secondary industry

Invoice, Billing & Subscription Payments (Crypto) (FSADAIAG)

Keywords

• Crypto payments platform
• Digital wallet services
• Experience marketplace
• Cryptocurrency spending
• Blockchain payment network

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Marketplace Commission: XHYPE operates as a marketplace for experiences (travel, concerts) and likely generates revenue through transaction fees or commissions on purchases made through the platform using cryptocurrency or the $XHP token.
2. $XHP Token Utility: Revenue may be generated through the use of the native $XHP token for payments within the ecosystem, potentially through transaction fees denominated in the token or token appreciation.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

XHYPE operates a cryptocurrency "superwallet" paired with a marketplace for real-world experiences (travel, concerts). Users store digital assets in the wallet and spend them directly within the XHYPE experience marketplace, using either major cryptocurrencies or the native $XHP token. The platform is built around frictionless conversion of crypto holdings into experience-based purchases for individual consumers globally.

Product overview

XHYPE operates as a unified marketplace platform for experiences, combining a cryptocurrency superwallet (XHYPE Superwallet) with an native token ($XHP) to enable payments for travel, concerts, and other experience-based purchases. The product architecture centers on the Superwallet as the core product, with the $XHP token serving as the native cryptocurrency payment mechanism.

Differentiator

Problem solved

Functional benefit

Products and services

• XHYPE Superwallet A cryptocurrency superwallet that allows individual users to store digital assets and spend them directly on real-world experiences (travel, concerts) within the XHYPE marketplace.
• $XHP Token The native cryptocurrency token of the XHYPE ecosystem, used as the dedicated payment mechanism for purchasing experiences on the XHYPE marketplace.
• XHYPE Experience Marketplace Online marketplace where users can browse and pay for experience-based offerings such as travel and concert tickets using cryptocurrency or the $XHP token.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Triple-A: Triple-A is a licensed crypto payment gateway offering merchants fiat-settled crypto acceptance with strong AML/KYC compliance. It is a close peer for the regulated crypto-payments layer of XHYPE's stack and a relevant benchmark for the compliance-first positioning XHYPE advertises.
• Utrust: Utrust offers crypto checkout for merchants with buyer protection and its UTK token. It is a direct peer to XHYPE's $XHP-enabled checkout, targeting the same crypto-spending consumer at the point of sale.
• BitPay: BitPay is one of the longest-running crypto payment gateways, letting merchants accept Bitcoin and other cryptocurrencies at checkout. It is the most direct functional analogue to XHYPE's wallet-plus-checkout model, though it is merchant-facing rather than experience-verticalized.
• NOWPayments: NOWPayments is a crypto payment gateway offering checkout, invoices, subscriptions, and a wide token coverage. Its feature set closely mirrors the $XHP-enabled checkout and experience-purchase flow that XHYPE markets.
• Travala: Travala is a crypto-native travel booking marketplace accepting dozens of cryptocurrencies, with its own AVA token for discounts. It is the closest vertical peer to XHYPE's travel arm and competes for the same crypto-spending traveler.
• CoinGate: CoinGate offers merchant crypto payment processing, POS tools, and a donation/invoicing suite. It is a direct peer for the payment-rail layer of XHYPE's stack and competes for the same merchant and SMB customer base.
• Coinbase Commerce: Coinbase Commerce provides crypto checkout APIs and invoicing for merchants and is a benchmark for hosted crypto payment infrastructure. It directly competes with XHYPE's superwallet-plus-marketplace concept and has substantially deeper liquidity, brand, and compliance infrastructure.

Broad incumbents

• Binance Pay: Binance Pay is the payments arm of Binance, supporting peer-to-peer and merchant crypto transfers. It is a broad incumbent whose payment rails directly overlap with XHYPE's superwallet, and it has unmatched distribution through the Binance user base.
• Crypto.com Pay: Crypto.com Pay is a payments service inside the broader Crypto.com super-app, enabling merchant and peer-to-peer crypto payments. It competes with XHYPE across both the wallet and the marketplace layer, but as part of a much wider consumer product portfolio.

Emerging players

• BTCPay Server: BTCPay Server is an open-source, self-hosted crypto payment processor for merchants. It is an emerging player offering a non-custodial alternative to hosted gateways and addresses a developer/merchant segment that overlaps with XHYPE's PLG-style distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/xhypeofficial
• LinkedInlinkedin.com/company/xhypetoken

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about XHYPE