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Uphold
Uphold is a digital-asset trading platform co-founded by JP Thieriot in 2015, processing over $40B in transactions across 140 countries.
Uphold
Uphold launched in 2015, co-founded by JP Thieriot, and is headquartered in New York with additional offices across the US and Europe. The platform serves over 140 countries and supports 300+ currencies, including crypto, stablecoins, and precious metals. The platform's core differentiator is its 'Anything-to-Anything' trading model, allowing direct conversions between asset classes without a base currency step. It supports more than 20 digital assets for staking and offers yields on stablecoin balances. Uphold powers cross-border remittances and FX for a global member base. The firm claims it has never loaned customer assets and proves this via real-time reserve publication every 30 seconds. Uphold employs over 200 people across offices in New York, San Francisco, London, Hamburg, and other cities. The firm does not disclose AUM but reports having processed over $40 billion in transactions since inception. It operates with FDIC insurance on cash sweeps up to $2.5 million. May 2025: Uphold expanded staking support to include additional digital assets (Altss estimate). The firm's structural differentiator is its radical transparency model — publishing liabilities and assets every 30 seconds on its public website. This contrasts with most digital-asset platforms, which provide periodic attestations. Uphold's model is built on proprietary settlement technology and e-money licensing across jurisdictions.
General information
Firm type
other
Year founded
2015
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
San Francisco · Larkspur · Seattle · Palo Alto · Hamburg · Miami · London · Atlanta · St Helier · Hong Kong · Owings Mills · Jersey City
Principals
Simon McLoughlin
CEO
JP Thieriot
Co-Founder
Sector focus
Frequently asked questions
Who founded Uphold and when?
Uphold was co-founded by JP Thieriot in 2015. The platform launched as a multi-asset digital money platform, later evolving into a crypto and digital-asset trading platform.
Does Uphold lend customer assets?
Uphold states it has never loaned customer assets and backs that claim with real-time reserve publication every 30 seconds on its public website.
How is Uphold different from other crypto exchanges?
Uphold's 'Anything-to-Anything' trading model allows direct conversions between any two supported assets, avoiding base currency steps. It also provides staking for over 20 digital assets and FDIC insurance on cash sweeps up to $2.5 million.
What jurisdictions does Uphold operate in?
Uphold serves customers in over 140 countries, with offices in the United States, Europe, and Asia, including New York, San Francisco, London, and Hamburg.
What is Uphold's stance on transparency?
Uphold publishes its assets and liabilities every 30 seconds on its website, a practice it describes as 'radical transparency' in the crypto space. It also does not loan customer assets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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