Company Information

Get to know Luxxfolio

Luxxfolio Holdings Inc. was a Canadian-based, publicly traded company that aimed to be a leader in the digital asset space. Its primary operations involved building and managing its own cryptocurrency mining facilities, with a strong focus on Bitcoin. The company emphasized its use of immersion cooling technology for efficient and high-density mining. In addition to its mining operations, Luxxfolio also managed a portfolio of digital assets. In December 2022, Luxxfolio was acquired by BIGG Digital Assets Inc., and its operations were subsequently integrated into the parent company.

Industry

Crypto CryptocurrencyPRIMARY

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Luxxfolio

Canada

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.