SFOX
SFOX, originally known as San Francisco Open Exchange, is a fintech company specializing in cryptocurrency trading and banking exchange services, offering advanced trading platforms and patented custody technology.
Company Overview of SFOX
SFOX, formerly known as San Francisco Open Exchange, is a fintech company operating within the banking and exchange sub-industry. The company is headquartered in Los Angeles, CA, USA, and also supports fully remote work for its team of 40 employees. SFOX offers a range of solutions for cryptocurrency trading and is particularly well-known for its advanced trading platform that leverages algorithms to offer competitive advantages to its customers. The company's services are available primarily in the United States, but also cater to the wider American and Canadian markets.
SFOX Advanced Trading Platform
SFOX offers an advanced trading platform designed to give users a competitive edge by using algorithms for trading. This platform aims to facilitate international commerce by making currency trading and real-time settlements accessible and straightforward. The platform supports multiple APIs including WebSocket, REST, and FIX, enabling users to integrate advanced trading features seamlessly. The company claims a strong track record of security, citing zero security incidents in its history.
Cryptocurrency Trading Services by SFOX
SFOX provides enterprise-level services for Bitcoin trading and other cryptocurrencies. The platform offers various solutions including Trading, Liquidity, SAFE Custody, Connect, Staking, and Prime Services. The deposits are secured in encrypted cold storage, and the company employs industry-leading encryption standards. SFOX holds insurance coverage of $200MM for the physical destruction of cryptocurrency private keys, provided by several syndicates at Lloyd's of London.
SFOX and Y Combinator
SFOX is backed by Y Combinator and was part of the S14 batch. This association with one of the leading seed accelerators underscores the company's innovative approach in the fintech industry. Being a Y Combinator alumnus has likely provided SFOX with invaluable resources and mentorship, aiding its growth and development in the competitive sphere of banking and exchange.