BitOoda is an Agency-only Brokerage Firm specifically for digital assets. The company's platform blends digital finance and applied science.
BitOoda delivers transparency and promote normalization of industry practices in the digital asset space.
BitOoda was founded in August 2017, by Tim Kelly and Rob Madden. The company is headquatered in Jersey City, New Jersey.
BitOoda has its roots as an agency-only brokerage firm, and in the past year has made a name for itself developing and executing products and strategies using its first-of-its-kind platform that merges digital finance and applied science.
BitOoda’s core expertise is providing institutions with high-touch capital markets advisory, product engineering, and brokerage solutions. The firm’s operations include an SEC/FINRA-registered Broker-Dealer and a CFTC/NFA-registered Introducing Broker. “Bitooda Hash” and “Bitooda Difficulty” are trademarks of BitOoda Holdings, LLC.
BitOoda's investors include Dr. Gary Ross, former Head of Global Oil Analytics and Chief Energy Economist at S&P Global Platts, as well as founder of PIRA Energy; Calvin Schlenker, former Head of North American Natural Gas Trading at British Petroleum; and Roy Salame, former Managing Director, Head of Global Investment Opportunities Group, and Head of Commodities Sales and Structuring at J.P. Morgan. The company raised $7M in a Seed round on Dec 23, 2019.