BCXPro

What BCXPro does

BCXPro, operating as the trading name of JMS Trading Limited (Malta, Company No. C 108433), is a regulated Virtual Financial Assets Service Provider licensed by the Malta Financial Services Authority as a Class 3 provider under the Virtual Financial Assets Act (Authorization ID: JTL-24283). The company serves exclusively corporate clients with three integrated offerings: an over-the-counter trading desk for high-volume fiat-to-crypto and crypto-to-fiat conversions, an MPC (Multi-Party Computation) custody vault for institutional-grade digital asset storage, and corporate wallet services. Supported rails include 22+ cryptocurrencies (e.g., BTC, ETH, USDC, SOL, TON, DOT) and three fiat currencies (USD, EUR, GBP), with one-business-day settlement and no-slippage execution marketed as key differentiators.

The platform is built around an MPC custody vault for secure blockchain asset storage, deployed on Amazon Web Services infrastructure in the United Kingdom region. The inherited AWS certification footprint includes ISO/IEC 27001, 27017, 27018, 27701, 22301, 9001, and CSA STAR CCM v3.0.1, and the company states compliance with GDPR and the Maltese Data Protection Act. No public-facing API or developer SDK is documented despite a passing reference in the Terms of Service.

The business model is spread-based: BCXPro earns the differential between market spot price and the quoted execution price, with blockchain fees, banking fees (SWIFT, SEPA), and operational costs bundled into the spread rather than charged separately. Distribution is direct-to-corporate via the OTC desk at [email protected], with no retail offering and no disclosed marketing beyond a corporate website. The company is operating under transitional provisions of the Malta VFA Act and is not yet authorized under the EU's Markets in Crypto-Assets Regulation (MiCA). Headcount is reported at 11–50 employees and the entity is privately held with no disclosed funding rounds, parent company, or named shareholders.

Name

BCXPro

Legal name

JMS Trading Limited

Website

https://bcxpro.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

BCXPro (JMS Trading Limited) is a Malta-licensed Class 3 Virtual Financial Assets Service Provider offering corporate clients an OTC crypto trading desk, fiat/crypto conversion, and MPC-based digital asset custody with one-business-day settlement.

Ownership category

akta.pro rank

Product category

Cryptocurrency Brokerage Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Securities and Commodity Exchanges (5232), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

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

akta.pro primary industry

OTC Spot Trading & Block Execution (FSADAJAB)

akta.pro secondary industries

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG), Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)

Keywords

• OTC crypto trading
• Digital asset custody
• Crypto payment solutions
• Fiat crypto conversion
• Virtual financial assets

Headquarters

HQ city

Warszawa

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. OTC Spread Fees: The primary revenue source is spread-based fees embedded in the quoted execution price. The spread is the difference between market (spot) price and the price quoted to the client, reflecting service margin and covering operational costs. Factors affecting spread include asset liquidity, market volatility, trade size, and execution timing.
2. Network/Blockchain Fees: Blockchain transfer fees when transferring crypto on-chain are included within the quoted spread, not charged separately.
3. Bank Transfer Fees: Standard banking fees for fiat transfers (SWIFT, SEPA) are included in the quoted spread with no additional charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

BCXPro operates a regulated OTC trading desk providing corporate clients with fiat-to-crypto and crypto-to-fiat conversion services, offering deep liquidity, tight spreads, no slippage execution, and settlement within one business day. The company also provides institutional-grade digital asset custody using Multi-Party Computation (MPC) vault technology, enabling secure corporate wallet storage for multiple cryptocurrencies. The platform supports buy, sell, and exchange of crypto assets for business treasury management and crypto transfer use cases.

Product overview

BCXPro operates as a unified crypto OTC trading platform combining over-the-counter brokerage, fiat-to-crypto and crypto-to-fiat conversion services, and digital asset custody into a single integrated offering. The core product is the OTC Trading Desk which provides liquidity and execution for high-volume digital asset conversions, paired with Digital Asset Custody services using multi-party computational (MPC) vault technology. The platform supports multiple cryptocurrencies (USDC, BTC, ETH, LTC, XRP, SOL, DOGE, and others) and fiat currencies (USD, EUR, GBP), enabling corporate clients to navigate crypto transfers and treasury management. All services are accessed through the BCXPro platform (bcxpro.io).

Differentiator

Problem solved

Functional benefit

Products and services

• OTC (Over-The-Counter) Trading Desk BCXPro's OTC desk provides the link between traditional currencies and digital assets, offering deep liquidity and tight spreads for seamless execution with no slippage and fast settlement. Services include on-ramp (fiat-to-crypto) and off-ramp (crypto-to-fiat) transactions for corporate clients requiring high-volume digital asset conversions.
• Digital Asset Custody Full custody of digital assets on the blockchain providing corporate wallets. Assets are stored securely in BCXPRO's multi-party computational (MPC) custody vaults, offering institutional-grade secure storage for digital assets.
• Fiat/Crypto Conversion Services Facilitates seamless conversion between fiat currencies (USD, EUR, GBP) and cryptocurrencies (USDC, BTC, ETH, LTC, XRP, SOL, DOGE, TRX, MATIC, BNB, BCH, EOS, ADA, TON, BSV, AVX, MKR, ETC, POL, LNK, DOT, SHB). Supports buy, sell, and exchange of crypto for corporate treasury management and crypto transfer use cases.

Quantifiable outcome

• Settlement within one business day for both fiat-to-crypto and crypto-to-fiat transactions

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Coinbase: US-listed major crypto exchange operating a large institutional OTC desk and qualified custody service. Directly comparable to BCXPro in offering fiat/crypto conversion plus custody to corporate and institutional clients, but with vastly greater liquidity and balance sheet.
• Binance: World's largest crypto exchange by volume, operating institutional OTC services alongside spot and derivatives markets. Comparable OTC corporate offering, though broader in scope and now operating under tightened EU regulatory registration.
• Bitstamp: Europe-licensed crypto exchange (acquired by Robinhood) offering OTC and institutional services. Comparable as a regulated EU-focused platform combining spot trading and corporate services with BCXPro's profile.
• Galaxy Digital: Public crypto financial services firm with institutional OTC trading, custody, and asset management. Comparable OTC + custody + corporate services mix, but operates at significantly larger balance-sheet scale.

Direct peers

• Wintermute: Leading crypto-native market maker and OTC liquidity provider serving corporates, funds, and exchanges. Directly comparable to BCXPro's OTC execution and liquidity provision model.
• Kraken: Global crypto exchange with an OTC desk and institutional custody services targeting corporate and high-volume clients. Comparable product mix (OTC + custody) with strong regulatory footprint, though at much larger scale than BCXPro.
• Cumberland (DRW): DRW's institutional crypto trading arm offering OTC spot liquidity to corporates, miners, and funds. Closely matches BCXPro's OTC focus on large-volume, tight-spread execution for professional counterparties.
• Circle: USDC issuer operating Circle Trade, one of the largest institutional crypto OTC desks, plus treasury and corporate crypto services. Highly comparable to BCXPro on stablecoin-focused OTC and corporate treasury use cases.
• Fireblocks: Institutional digital asset custody and settlement platform using MPC technology, with integrated OTC and trading venue connectivity. Closely matches BCXPro's MPC-custody-plus-OTC positioning for corporate and institutional clients.
• Falcon: Institutional digital asset prime brokerage offering OTC trading, custody, and financing to corporates and funds. Comparable scope to BCXPro's combined OTC + custody offering for professional clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/bcxpro

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 BCXPro