Last week, news quickly circulated that Silvergate Bank, a crypto-friendly bank, was in hot water and had to stop offering USD services to its around 1,600 crypto customers. This obviously had a signi...
Tag: Matrixport
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport’s head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves. In a Feb. 14 ana...
Crypto Firm Matrixport Slashes Headcount by 10%
Matrixport, a Singapore-based crypto investment and lending firm, has confirmed with Decrypt that it is making reductions in its marketing department, impacting 10% of its nearly 300-person workforce....
Matrixport cuts workforce by 10%
Crypto financial services company Matrixport, co-founded by Jihan Wu, has joined the list of companies carrying out job cuts, while its asset management firm lost two top executives. Matrixport reduc...
Singapore-based Matrixport Announces 10% Layoff Affecting 300 Staff
9 hours ago | 2 mins read Defi News Entrepreneur Jihan Wu, a billionaire created the firm in 2019. A monthly trading volume of $5 billion and $10 million in assets under management. Major firms in the...
U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research
Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this...
Matrixport data shows bitcoin price up by 9% over CNY
Matrixport’s new research report shows the price of bitcoin (BTC) has gained over 9% on average during every Chinese new year (CNY) since 2015. The researchers forecast decent short-term gains for inv...
Solana to Get Another Hit; Likely to Delist From Matrixport: Report
Popular as a potential ‘Ethereum Killer’ once, Solana (SOL) stuck in a whirl of complications hitting the blockchain network one after the another. One of the fastest blockchain networks in the crypto...
Crypto Lending Still Popular as Matrixport Eyes $100M Raise
The biggest crypto lender in Asia- Matrixport, aims to raise funding of $100 million amidst the recent FTX turmoil. Is crypto lending still popular? When the crypto bear market is at its extreme, and ...
Crypto Lender Matrixport Seeks $100M Funding amid FTX Turmoil
Matrixport wants $100 million in funding at a $1.5 billion valuation as the crypto space still reels from the FTX collapse. Matrixport Technologies Pte is seeking substantial funding at a higher valua...
Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding – Bitcoin News
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from inve...
Matrixport looking to raise $100M amid industry-wide lending crisis
Singapore-based Matrixport is out to raise funds. The firm, which is among the largest crypto-lenders in Asia, is seeking a funding of $100 million amid a brutal market for lenders as the crypto-indus...
Matrixport Favors ‘Systematic Bitcoin Call Overwriting’ Strategy for 2023
An example of call overwriting is when an investor owns one bitcoin and sells a call option on it at a strike price that’s higher than the current market price. For example, giving the option bu...
Crypto lender Matrixport seeks $100M funding despite lending crisis
Matrixport, the cryptocurrency firm founded by Bitmain co-founder Wu Jihan, is in the process of raising $100 million in funding despite the ongoing crypto market crisis. Lead investors have already c...
Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation
Jihan Wu, cofounder and chairman of Matrixport. Matrixport Matrixport, the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5...
Crypto Lending Platform Matrixport Seeking $100M Fundraise
10 seconds ago | 2 mins read Defi News Financial backers have pledged at least $50 million to the crypto lender. Jihan Wu, a crypto billionaire, established Matrixport Technologies. Matrixport Technol...
Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation
Crypto financial services firm Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation, as first reported by Bloomberg. The startup was looking to raise at a $1 billion valu...
Asia Crypto Lender Matrixport Seeks Fundraise At $1.5B Valuation
One of Asia’s biggest cryptocurrency lenders Matrixport Technologies Pte is looking to raise a staggering $100 million in fresh funding at a $1.5 billion valuation. This development comes at a time wh...
Matrixport reveals FTX exposure; 79 users incurred losses as result
Matrixport, a crypto financial services platform that bills itself as a neo-bank, revealed to clients that two of its products have exposure to FTX. Matrixport’s bitcoin fixed income prod...
Before the upcoming halving of mining rewards, Bitcoin may rise to $63,000, according to Matrixport
Join Our Telegram channel to stay up to date on breaking news coverage Warren Buffett, a renowned investor, reportedly remarked, “Be greedy when others are scared and fearful when others are greedy.” ...
Matrixport secures USD 50M insurance coverage from Canopius for digital assets held with Cactus Custody
Matrixport, one of the world’s largest digital assets financial services ecosystems, has announced the securing of $50 million of insurance coverage for digital assets held in cold storage with Cactus...
Matrixport Signs $50M Insurance Policy With Lloyd’s Syndicate
The insurance policy was taken up with a syndicate from the world’s oldest underwriter, Lloyd’s of London Matrixport hopes it will bolster its suite of custody offerings throughout frosty market condi...
Almost everything could be tokenized in 5-10 years — Matrixport exec
In five to ten years, almost every “real world” asset class could be tokenized in the form of a nonfungible token (NFT) according to Cynthia Wu, Founding Partner and COO of digital asset service platf...
Cabital Partners with Matrixport to Offer Fiat On-and-Off Ramp Capability
As the adoption of cryptocurrency continues to grow, on-ramp and off-ramp solutions become increasingly important. On-ramps enable you to leave the traditional fiat monetary system and enter into the ...
Five-member creditor committee formed for Three Arrows Capital’s liquidation
A five-member committee of creditors of bankrupt hedge fund Three Arrows Capital (3AC) has been formed today, according to three sources with knowledge of the matter. The committee is comprised of Dig...
Matrixport launches support for The Open Network (TON) ecosystem & Toncoin token
Users can now custody, trade, exchange, and participate in ‘Flexible Staking’ and ‘Fixed Income’ investment products with Toncoin. Matrixport, one of the world’s largest digital assets financial servi...
Matrixport Launches Institutional NFT Custody Services ⋆ ZyCrypto
Advertisement     Singapore-based digital asset manager Matrixport announced in a Sunday press release that it would now be providing institutional custody services fo...
6 Questions for Daniel Yan of Matrixport – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dan...
Matrixport appoints Anthony DeMartino as CEO to lead and build business in the US
Matrixport Group today announced the appointment of Anthony DeMartino as its US CEO as part of its ongoing international growth strategy. Matrixport’s expansion into the US demonstrates its firm commi...