Bits of Gold

Company Overview

Snapshot

Founded in January 2013 by Jonathan Rouach and Youval Rouach, Bits of Gold operates with 11–50 employees. The company has secured $500K across one funding round from 9 investors. In September 2022, the company received its second crypto license from the regulator.

Business overview

Bits of Gold specializes in digital currency trading, enabling the Israeli public to buy and sell Bitcoin and Ethereum using various currencies and payment methods including shekels, dollars, euros, bank transfers, cash, and credit cards. The company also provides personal VIP services for high-volume transactions and liquidity services for ICOs. Operating within the Fintech & Insurtech sector, Bits of Gold serves markets in Israel, focusing on cryptocurrency, payments, and blockchain technologies.

Strategic signal

In August 2026, Bits of Gold reported a data breach involving customer details such as full names, IDs, emails, IP addresses, and phone numbers. While the company confirmed that funds, coins, passwords, ID copies, and credit card details were unaffected, the incident highlights the ongoing cybersecurity risks in the cryptocurrency sector and the importance of robust data protection measures for licensed providers.

Company Intelligence Q&A

What was the most recent security incident involving Bits of Gold?

In August 2026, Bits of Gold reported a data breach where customer details including full names, IDs, emails, IP addresses, and phone numbers were stolen. The company clarified that funds, coins, passwords, ID copies, and credit card details remained secure.

What was the nature of the data breach reported by Bits of Gold in August 2026?

The data breach in August 2026 targeted an external analytics provider, not Bits of Gold directly. However, it raised concerns that stolen information, including names, ID numbers, and contact details of Bits of Gold customers, could be used for phishing and fraud.

When did Bits of Gold receive its second crypto license?

In September 2022, Bits of Gold was awarded its second crypto license by the regulator.

What was a key partnership for Bits of Gold in May 2022?

In May 2022, Max partnered with Bits of Gold to launch a card that offers Bitcoin cashbacks.

What was the Israeli Supreme Court's ruling regarding Bits of Gold's bank account in June 2019?

In June 2019, the Israeli Supreme Court ruled that the Israeli crypto exchange, Bits of Gold, could keep its bank account.