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Asia’s largest crypto neo-bank Matrixport hits $10B in digital assets

Anjali Sriniwasan

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Source: Matrixport

Matrixport, a leading digital asset neo-bank, announced today that it had passed $10 billion in assets under custody (AUC). 

Matrixport was established in February 2019 by 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 $10 billion, which includes $2 billion AUM on Matrixport’s platform and more than $8 billion of clients’ assets safely kept with Cactus Custody (Matrixport’s institutional custody brand). The scale makes Matrixport the largest cryptocurrency financial platform in Asia. 

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.

Matrixport recently announced the support of TRC20-based USDT deposits 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 15 April.

About Matrixport

Established in February 2019, Matrixport is a digital asset neo-bank 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.

For more information, please visit our Twitter (https://twitter.com/realMatrixport) or join our official telegram group (https://t.me/matrixport) 

Contact –  [email protected] 

Disclaimer: This is a paid post and should not be treated as news/advice

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

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