Bitfinex
Financial Performance
Bitfinex Revenue & Financials
Revenue
$63.5M (FY2023, unaudited)
Employees
400
What is Bitfinex's revenue?
Bitfinex had $63.5M (unaudited) in revenue for fiscal year 2023.
- Latest revenue
- $63.5M (FY2023, unaudited)
- Years of data
- 1
- Employees
- 400
- How many employees does Bitfinex have?
- Bitfinex has about 400 employees.
Financial Analysis
Bitfinex does not publish audited accounts, so hard numbers are rare. The best-known disclosure came in May 2019, when it reported 2017 gross profit of $333.5 million, net profit of $326 million and $246 million in dividends, according to Bloomberg. That year iFinex also raised $1 billion selling LEO tokens after about $850 million held by payment processor Crypto Capital was frozen. In December 2025 the exchange said it had been consistently profitable for many years when it removed trading fees. The largest swing factor is the 94,643 BTC seized by US authorities from the 2016 hacker: January 2025 court filings supported returning it to Bitfinex in kind, and under the LEO white paper at least 80% of net recovered funds, after Recovery Right Token holders are paid, go to LEO buybacks within 18 months. Bitfinex operates as a highly lucrative but privately held cryptocurrency exchange, handling billions in daily trading volume.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2023unaudited | $63.5M | — | Industry estimate |
Click any row to see year details.
Keep researching Bitfinex
Bitfinex Revenue and Financial FAQ
What is Bitfinex's revenue?
Bitfinex does not publish revenue or audited accounts. The last detailed figures it released covered 2017: $333.5 million of gross profit, $326 million of net profit and $246 million of dividends, as reported by Bloomberg in May 2019.
Is Bitfinex profitable?
The company says so. When it removed trading fees in December 2025 it said it had been consistently profitable for many years, but it gave no figures.
How much did the LEO token sale raise?
$1 billion in May 2019, sold as 1 billion tokens at $1 each and paid in USDT.
What happens to the 94,643 BTC recovered from the hack?
January 2025 court filings supported returning it to Bitfinex in kind. Bitfinex plans to pay Recovery Right Token holders first and then use at least 80% of the remaining net proceeds to buy back and burn LEO within 18 months.
How much has Bitfinex paid in regulatory penalties?
Reported amounts include $75,000 to the CFTC in 2016, $18.5 million (with Tether) to the New York Attorney General in February 2021 and $1.5 million to the CFTC in October 2021.
Does Bitfinex have a market valuation?
No. iFinex is private, has no listed shares and has not disclosed a valuation.
Did Bitfinex recover from the 2016 hack?
Yes. After hackers stole 119,756 Bitcoins (worth billions today), Bitfinex controversially applied a 36% "haircut" to all user accounts, issuing them BFX debt tokens which the company eventually bought back in full to repay the users.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Bitfinex Revenue & Financials." CorpDigest, https://corpdigest.com/company/bitfinex/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Bitfinex reported $63.5M as its latest revenue figure (2023, unaudited, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/bitfinex/financials" target="_blank" rel="noopener">CorpDigest — Bitfinex financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Bitfinex
Core profile pages, founders and related research hubs for this company.