Matrixport, a leading digital asset neobank, announced that it had passed $10 billion in assets under custody (AUC).
Matrixport was established in February 2019 by the former Bitmain co-founders Jihan Wu and Yuesheng Ge and senior executives from top derivatives exchanges and investment banks. As of today, the total digital assets under custody have exceeded US$10 billion, which includes US$2 billion AUM on Matrixport platform and more than US$8 billion client’s assets safe kept with Cactus Custody (Matrixport’s institutional custody brand). The scale makes Matrixport the largest cryptocurrency financial platform in Asia.
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Matrixport is a category creator and the largest crypto bank in Asia. It provides one-stop crypto financial services such as institutional custody, spot, and leveraged trading, asset management, and lending for retail and institutions. It also launched bit.com in August 2020, a high-performance cryptocurrency derivatives exchange. The accumulated trading volume on bit.com has exceeded US$14 billion, making it the second-largest cryptocurrency options market in the world.
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Matrixport recently announced the support of TRC20-based USDT deposit and transfers on its platform and launched USDT 30% APY fixed-income products and lucky draws for new and existing users. The special offer will be valid until April 15.
Matrixport is a digital asset neobank that offers simple and accessible crypto financial products to retail and institutional investors worldwide. It provides one-stop crypto financial services such as institutional custody, spot, and leveraged trading, asset management, and lending.
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