Bitrus

Bitrus is a Mexican fintech company founded in 2019 that operates as a cryptocurrency exchange and digital wallet platform focused on the Mexican market. The company targets unbanked and underbanked populations in Mexico, offering services designed to improve financial inclusion. Bitrus launched two primary products: Bitrus Wallet, a digital wallet that enables users to open accounts in under three minutes, and Bitrus Exchange, a cryptocurrency trading platform and social network for investors. Through Bitrus Wallet, users can make national and international money transfers via SPEI, pay over 100 services including utilities, telecommunications, and streaming services, and access basic banking services without requiring traditional bank accounts. The platform supports trading of cryptocurrencies against Mexican pesos, with a focus on stablecoins and major cryptocurrencies. Bitrus positions itself as an over-the-counter (OTC) platform for buying, storing, and selling stablecoins, with a minimum investment starting at 100 Mexican pesos. The company was established as Bitrus Limited, an International Business Company incorporated in the Bahamas, and has worked with the Securities Commission of the Bahamas. According to available information, the company applied for a Financial and Corporate Service Providers license in the Bahamas. Bitrus Exchange aimed to create a social network component where users could access cryptocurrency information, interact with other investors, and make informed investment decisions. However, there are conflicting signals about the company's current operational status, with some sources indicating it may no longer be active.