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Matrixport

“Can a crypto-native financial services group become the institutional-grade TradFi bridge for digital asset trading, custody, and structured products across Asia and MENA?”

Founded2019
HQSingapore
FoundersJihan Wu, John Ge
IndustryFintech / Crypto

The story

Founded in 2019 as a Singapore-based crypto financial services hub spun from Bitmain, Matrixport initially targeted retail and high-net-worth users with investment and trading products. Over time it shifted upmarket toward institutional prime brokerage, offering lending, custody, capital management, and structured products. By 2025 it rebranded its institutional platform as 'BIT', explicitly positioning at the intersection of traditional finance and digital asset markets, with RWA tokenization and institutional-grade governance as core differentiators. The embedded finance angle is clearest in its own-brand structured derivatives (BNPL, Dual Currency) and custody products rather than third-party BaaS integrations.

Last 12 months

2025-12-03

Matrixport published a customer story with Singapore Gulf Bank (SGB) highlighting how SGB enables same-day cross-border fiat settlement, replacing two-day wait times for institutional counterparties.

2025-09-09

Matrixport published an updated AML/CFT policy (dated September 9, 2025) covering all jurisdictions of operation under the 'BIT' brand.

Product timeline

2019

Founded as a digital asset financial services platform, spun out from Bitmain, offering crypto investment and trading services.· pivot

2021

Launched institutional prime brokerage services including collateralized lending, capital management, and custody.· banking

2022

Launched proprietary structured product 'Dual Currency' targeting retail and institutional crypto investors.· lending

2023

Launched 'Buy Now Pay Later' (BNPL) structured crypto derivative product for BTC and ETH exposure with installment warrant mechanics.· lending

2023

Launched NFT custody services in partnership with BlockCreateArt Network.· banking

2025

Matrixport rebranded its institutional platform under the 'BIT' brand, repositioning as a digital asset financial services group at the intersection of TradFi and digital markets.· pivot

2025

Partnered with Singapore Gulf Bank (SGB) to enable same-day cross-border fiat settlement for institutional counterparties across Asia and MENA.· banking

Regulated entities

Asset Management

Switzerland (FINMA)

Matrixport Asset Management AG

The stack

Lending

Collateralized crypto loans BNPL structured crypto derivative (BTC/ETH)Dual Currency structured productGrowth funding for institutional projects

FX & payouts

Singapore Gulf Bank

Accounting gap: minor