Adam Tepper, the 34-year-old boss of Independent Reserve, was driving at high speed when his motorbike crashed into a pole not far the intersection of Wiset Road and Sai Yuan Road in Rawai.
Mr Tepper’s body was found below a destroyed traffic sign. The motorbike he was riding was about 30 metres away.
Police say he was not wearing a helmet and was pronounced dead at the scene.
Independent Reserve chief technology officer Adrian Przelozny confirmed Mr Tepper’s death in a statement on the company's website.
"It is with a heavy heart that I write to inform you of the death of Adam Tepper," Mr Przelozny wrote.
"Adam died in a motorcycle accident on Thursday.
"Adam was a passionate advocate for the use of digital currency in Australia.
"He lived his life to the beat of his own drum and Independent Reserve is a testament to his vision, intelligence and perseverance.
"He will be sorely missed by his family, friends and the Bitcoin community."
Mr Przelozny said the funeral will be held in Melbourne on March 6.
According to a biography on the Independent Reserve website, Mr Tepper was a graduate of Swinburne University in Melbourne.
He founded a Sydney-based IT consultancy company before heading up Independent Reserve.
The biography said Mr Tepper was a keen motorsport enthusiast and an annual participant in the Finke Desert Race.