\n Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu\u2019s crypto firm raising $129 Million to date <\/p>\n
HONG KONG SAR –\u00a0Media OutReach<\/a>\u00a0– 3 August 2021
Matrixport
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“Matrixport has demonstrated tremendous
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Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu\u2019s crypto firm raising $129 Million to date HONG KONG SAR –\u00a0Media OutReach\u00a0– 3 August 2021
– Matrixport, Asia’s fast growing digital assets financial
services platform closed its Series C funding round with a valuation of over
US$1 …<\/p>\n","protected":false},"author":1,"featured_media":16717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16716"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16716"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/16717"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n– <\/b>Matrixport, Asia’s fast growing digital assets financial
\nservices platform closed its Series C funding round with a valuation of over
\nUS$1 billion \u2014 just two years after its establishment. This round was led by
\npartners of DST Global, C Ventures and K3 Ventures with other participants
\nincluding Qiming Venture Partners, CE Innovation Capital, Tiger Global, Cachet
\nGroup, Palm Drive Capital, Foresight Ventures and A&T Capital, along with
\nearlier investors Lightspeed, Polychain, Dragonfly Capital, CMT Digital and IDG
\nCapital. The Singapore-based start-up has raised $129 million to date.<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/167307\/ValuedOneBillionBannerPRfinal.jpg#image-167307\")
<\/p>\n
\n
<\/p>\nCrypto’s Newest Unicorn: Matrixport Valued at
\n>$1 Billion in Series C Funding\u00a0<\/h5>\n
\n
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\noffers a full suite of cryptocurrency financial services including
\ninstitutional custody, trading, lending, structured products and asset
\nmanagement to institutional and retail1<\/sup> clients. As of March 2021,
\nthe company held over $10 billion of client assets under management and
\ncustody, and recorded $5 billion in monthly transactions across all product
\nlines.<\/p>\n
\n
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\n
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\nalways believe an open and permissionless blockchain ecosystem is the bedrock
\nof a new financial network that will benefit a large part of the world’s
\npopulation. As a result, there will be hundreds of trillions of value created,
\nstored and transferred on this new financial network,” said Jihan Wu,
\nCo-Founder & Chairman of Matrixport.<\/p>\n
\n
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\n
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\nits inception in 2019, Matrixport’s mission is to be a one-stop financial
\nservices platform. Its exponential growth has been driven by robust technology
\ncapabilities and innovative product offerings, such as the world’s first crypto
\ndual currency product. The company provides a comprehensive suite of offerings
\ntailored across different risk appetites and yield expectations.<\/p>\n
\n
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\nare more than a gateway to the crypto economy. Matrixport is where both
\ninstitutional customers and individuals find it easy to get more from their
\ncrypto, beyond just trading. We are continually pushing out more new ways to
\ninvest crypto and earn yields in a safe and sustainable manner. We believe that
\nit is very important to give the choice back to our customers with a range of
\ninnovative crypto investment products,” said John Ge, Co-Founder & Chief
\nExecutive Officer, Matrixport.<\/p>\n
\n
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\nthis funding, Matrixport plans to further invest in research and development to
\nenhance its innovative product offerings and security while optimising for an
\neven greater user experience. The funds will also be used to support its global
\nexpansion as well as to secure licenses to operate in more jurisdictions. With
\nthe company’s vision to “Make Crypto Easy For Everyone”, the roll-out will
\nallow more users globally to embrace its cryptocurrency financial services
\nplatform.<\/p>\n
\n
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\nblockchain based digital assets gain wider adoption and acceptance, new
\npathways are needed to capture yield, source liquidity and manage crypto assets
\nas an emerging asset class. With deep knowledge of traditional finance and a
\nkeen understanding of crypto assets, Matrixport is well positioned to answer
\nthe increasing demand for this new area of investment, driven primarily by the
\nyounger generations,” said Adrian Cheng, founder of C Ventures and CEO of New
\nWorld Group.<\/p>\n
\n
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\nthought leadership as a digital assets
\nfinancial services platform by being first movers in delivering a well-curated
\nsuite of innovative crypto investment
\nofferings. Matrixport empowers crypto natives, sophisticated institutional
\nclients, and just as importantly the large community of first-time users who
\nare embarking on their crypto investing journey aboard a robust and trusted
\nplatform,” said MX Kuok, Managing Partner of K3 Ventures.<\/p>\n
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\nDragonfly is excited to see Matrixport’s continuous growth and innovation in
\nthe emerging asset class. It is well-positioned to become one of the most
\ncritical onramps for crypto adoption,” said Feng Bo, Founding Managing Partner
\nof Dragonfly Capital.<\/p>\n<\/p><\/div>\n\n
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