Virtual Crypto Technologies

Company Overview

Snapshot

Founded in January 2018 by Alon Dayan, Virtual Crypto Technologies operated with 1–10 employees. The company completed the acquisition of Viewbix in August 2019, a key strategic move to expand its offerings.

Business overview

Virtual Crypto Technologies is a technology company focused on making cryptocurrencies accessible to the public. It develops payment solutions for businesses and consumers, integrating application programming interfaces and mobile applications for use across ATMs, PCs, tablets, and other mobile devices. The company's core product, NetoBit Trader, is a proprietary algorithmic trading platform designed for instant Bitcoin purchase and sale confirmation, connecting to multiple crypto exchanges to ensure optimal pricing. Its offerings, including NetoBit ATM and NetoBit Pay, serve the Fintech & Insurtech sector, specifically within trading and investing, by providing cryptocurrency payment and trading infrastructure.

Strategic signal

In September 2020, Virtual Crypto Technologies ceased operations, leading to its delisting from the OTC stock exchange. This event signals a complete cessation of business activities and marks the end of the company's operational trajectory.

Company Intelligence Q&A

What is Virtual Crypto Technologies' primary offering?

Virtual Crypto Technologies' flagship product is NetoBit Trader, a proprietary algorithmic technology trading platform that enables instant confirmation for buying and selling Bitcoin. It connects to numerous crypto exchanges to secure the best prices for users.

When did Virtual Crypto Technologies cease operations?

Virtual Crypto Technologies ceased to operate in September 2020, which also led to its delisting from the OTC stock exchange.

What was a significant strategic move for Virtual Crypto Technologies?

Virtual Crypto Technologies completed the acquisition of Viewbix in August 2019, following an initial agreement in February 2019 to acquire Viewbix Ltd from Algomizer Ltd through a share exchange.

When did Virtual Crypto Technologies go public?

Virtual Crypto Technologies went public in March 2018, with its shares trading on the OTC stock exchange under the ticker VRCP.

What was Virtual Crypto Technologies' initial focus regarding cryptocurrency accessibility?

In September 2018, Virtual Crypto Technologies released software designed to make Bitcoin available through traditional ATMs, aiming to broaden cryptocurrency accessibility.