SFOX
Open-knowledge reference entry
sFOX (San Francisco Open Exchange) is a cryptocurrency prime dealer and trading platform founded in 2014.
History
The company was founded by George Melika and Akhbar Thobani in 2014 as the San Francisco Open Exchange (SFOX). Thobani had previously been a software engineer at the startup Airbnb and Melika had been a software developer for asset manager Nuveen. It is a remote company and has no headquarters. It operates as a prime dealer and trading platform. Its users are primarily hedge funds and other institutional investors, it originally accepted users on an invitation-only basis.
As of 2018, Forbes estimated its yearly revenue to be roughly $15 million. In 2018, it raised $22.7 million in funding led by Y Combinator and Tribe Capital.
In 2019, SFOX announced a partnership with M. Y. Safra Bank of New York to offer FDIC insured deposit accounts for crypto traders.
As of 2020, the exchange had a gross trading volume of $11 billion.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Jun 15, 2026. The linked authority identifier is Q137392795. None of the 0 selected statements returned an explicit reference. The first chronological checks are 2014, 2018, 2019 and 2020.
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This entry incorporates text from “SFOX” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.