Bitfract was a cryptocurrency portfolio rebalancing tool designed to simplify diversification. Instead of conducting numerous individual trades on an exchange, users could send one cryptocurrency (like Bitcoin or Ethereum) to the platform and receive a chosen selection of dozens of other digital assets in a single, simple transaction. The company's mission was to make managing a diverse crypto portfolio faster and more efficient. In May 2018, Bitfract was acquired by the non-custodial cryptocurrency platform ShapeShift, which integrated its technology. The standalone Bitfract service is no longer operational.

Founded in

United States