Matrixport is Asia’s leading crypto financial services platform that’s been online for 2 years. The fast-growing platform has hit several milestones much sooner than expected. Surprisingly, its Series C funding round has just finished with an estimated validation of $1 billion. That’s a record on its own, making Matrixport one of the very few crypto platforms that are that valuable after just a couple of years.
The platform offers a variety of crypto services. Those include trading, lending, custody, structured products, and asset management besides others. The services are available to retain and institutional clients, with over $10 billion of client assets under custody and management. Matrixport has also recorded over $5 billion in monthly transactions across its product lines, making it Asia’s true crypto star.
Growth Driven by Robust Technology Capabilities
Matrixport was launched in 2019 with a goal of becoming a leading one-stop crypto platform in Asia. It has grown quite fast thanks to robust technological capabilities and its varied and innovative products. John Ge, Matrixport’s CFO, has always considered the company a gateway to Asia’s crypto economy. Just 2 years later, it has become just that.
The final round of funding has given Matrixport the fuel it needs to improve its products and enhance its innovative services. As blockchain products are widely adopted around the world, there’s a greater need to new pathways that will manage them. Matrixport is currently looking in that direction and plans to expand further. With a value of over $1 billion achieved in 2 years, we have no doubt it’ll grow quickly.
So far, the company has 220 employees and licensed from both Switzerland and Hong Kong. Its motto is “Get More From Your Crypto”, which has drawn thousands of customers in. Matrixport’s goal has always been to make crypto easy for everyone, and it has surely made good on its promise so far.
1552.366 SRY