SKYBIT
SKYBIT is a privately held, Yangon-based blockchain services platform founded in 2015, serving the Southeast Asia region. It operates with 1-10 employees and has raised approximately $109,000 across five small funding rounds through 2021.
- Company typePrivate
- Founded2015
- HeadquartersYangon, Myanmar (Burma)
- Headcount1–10
- GTM typeB2B
- OfferingServices
SKYBIT firmographics
Firmographics- Name
- SKYBIT
- Website
- https://SKYBIT.ASIA
- Company type
- Private
- Founded year
- 2015
- Headcount range
- 1–10 employees
- Short description
- SKYBIT is a privately held, Yangon-based blockchain services platform founded in 2015, serving the Southeast Asia region. It operates with 1-10 employees and has raised approximately $109,000 across five small funding rounds through 2021.
- Ownership category
- akta.pro rank
SKYBIT industry classification
Industry- Product category
- Blockchain Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Management Services (8741)
- akta.pro primary industry
- Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)
- akta.pro secondary industry
- Cloud Mining & Hashrate Marketplace Services (FSADAOAC)
Keywords
Where SKYBIT is headquartered
LocationHeadquarters
- HQ city
- Yangon
- HQ country
- Myanmar (Burma)
- HQ region
- Asia
Markets served
SKYBIT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
SKYBIT product offering
Product offeringCore offering
SKYBIT operates as a blockchain services platform serving Southeast Asia from its base in Yangon, Myanmar. The company delivers blockchain-related services to clients in the region, with a small team of 1-10 employees led by a founder-CEO and supported by business, marketing, and technology officers. Specific product/service line items, deliverables, and customer references are not detailed in the source material.
Differentiator
Problem solved
Functional benefit
Companies that use SKYBIT
Customer profileIdeal customer profiles1 record
SKYBIT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SKYBIT competitors and assessment
Company assessmentBroad incumbents
- Zipmex: Zipmex is a Southeast Asia-focused digital asset platform offering trading, staking, and custody across Thailand, Singapore, Indonesia, and Australia. It is comparable to SKYBIT as a regional blockchain services and digital-asset infrastructure player.
- Luno: Luno, originally founded in Malaysia/Singapore and now part of DCG, operates digital asset trading and wallet services across Southeast Asia and Africa. It is comparable to SKYBIT as a regional blockchain services platform.
- Paxos: Paxos provides institutional digital asset custody, tokenization, and settlement infrastructure, including stablecoin issuance. It is comparable to SKYBIT as a provider of enterprise blockchain services infrastructure (custody and tokenization).
- Fireblocks: Fireblocks delivers institutional digital asset custody, wallet, and transfer infrastructure. It is comparable to SKYBIT to the extent SKYBIT offers digital asset wallet/custody services for enterprise clients.
Direct peers
- Coinhako: Coinhako is a Singapore-headquartered digital asset platform providing trading, wallet, and on/off-ramp services across Southeast Asia. It is directly comparable to SKYBIT as a regional blockchain/crypto services platform.
Regional players
- Bitkub: Bitkub is Thailand's largest licensed digital asset exchange and platform, providing trading, custody, and tokenization services. It is comparable to SKYBIT as a Southeast Asian blockchain services platform serving retail and institutional clients.
- Tokenize Xchange: Tokenize is a Malaysia-based digital asset exchange offering trading and tokenization services across Southeast Asia. It is comparable to SKYBIT as a regional blockchain services platform.
Market position
Customer concentration
SKYBIT social profiles
Digital presenceSKYBIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
SKYBIT leadership team
Management profileNumber of profiles
Profiles5 records
SKYBIT funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SKYBIT 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 SKYBIT
What does SKYBIT do?
SKYBIT operates as a blockchain services platform serving Southeast Asia from its base in Yangon, Myanmar. The company delivers blockchain-related services to clients in the region, with a small team of 1-10 employees led by a founder-CEO and supported by business, marketing, and technology officers. Specific product/service line items, deliverables, and customer references are not detailed in the source material.
When was SKYBIT founded?
SKYBIT was founded in 2015. It employs 1 to 10 people.
Where is SKYBIT based?
SKYBIT is headquartered in Yangon, Myanmar (Burma), in the Asia region.
Who are SKYBIT's main competitors?
Broad incumbents on record are Zipmex, Luno, Paxos and Fireblocks. Coinhako is listed as a direct peer. Regional players are Bitkub and Tokenize Xchange.
Does SKYBIT have an API?
No public API is recorded for SKYBIT.
What industry is SKYBIT in?
SKYBIT's product category is Blockchain Services. Its primary akta.pro industry code is FSAPAIAE, Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls), with a secondary code of FSADAOAC, Cloud Mining & Hashrate Marketplace Services. Its NAICS code is 518 and its SIC code is 8741.