Uphold
https://www.crunchbase.com/organization/upholdtext Website: https://uphold.com X (Twitter): https://twitter.com/UpholdInc
Uphold (company)
Uphold is a financial-technology company that operates a digital wallet and trading platform for holding and exchanging multiple asset types, including cryptocurrencies, fiat currencies, and (in some regions/product configurations) other tokenized or investment-like assets. (uphold.com)
History
The business originated as Bitreserve (launched in the mid-2010s) and later rebranded as Uphold in October 2015, broadening its positioning beyond bitcoin-only services. (techcrunch.com)
Products and features
Uphold markets itself around a simplified trading experience that allows users to exchange between supported assets in a single step, and it emphasizes “radical transparency” and a “full reserve” approach (i.e., stating that it does not lend out customer assets except where customers explicitly choose yield-bearing features such as staking or DeFi lending). (uphold.com)
Transparency and reserves
Uphold states that it publishes assets and liabilities in near real time (marketed as “every 30 seconds”) via its transparency reporting pages. (uphold.com)
Regulation and corporate structure
Uphold describes its operations as conducted through multiple legal entities depending on customer location (including Uphold HQ Inc. in the United States and other subsidiaries internationally), and it states that it is registered with FinCEN as a money services business in the U.S. (uphold.com)
It also describes regulatory registration/oversight relationships in other jurisdictions (for example, the U.K. Financial Conduct Authority relationship described in its disclosures/support materials). (uphold.com)
Leadership
As of February 17, 2022, Simon McLoughlin was announced as Chief Executive Officer (CEO) of Uphold. (uphold.com)
Related Bitcoin addresses:
Total 52 addresses.