Tag "Matrixport"

Matrixport’s Cactus Custody Taps OneDegree to Upgrade US$50M Insurance

Cactus Custody, Matrixport’s digital asset custodian service provider, has upgraded its US$ 50 million insurance coverage to include crime protection for warm wallets. The insurance is issued by Hong Kong’s digital insurer OneDegree. This means that Cactus Custody’s clients will

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Fintech Layoffs Rock Asia in 2023: Who’s Next?

The fintech industry in Asia has been experiencing a wave of layoffs in 2023 as several companies grapple with economic uncertainties, market downturns, and the need for cost-cutting measures.  From Singapore to Hong Kong, prominent fintech players have been forced

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Matrixport Partners With Chainalysis to Step up Its Compliance Capabilities

Singapore-based crypto lender Matrixport will be leveraging Chainalysis’ blockchain data platform to step up its compliance capabilities, support anti-fraud protocols and monitor risk. Through this partnership, Matrixport will be able to monitor its cryptocurrency assets to detect patterns of high-risk

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OrBit Raises US$4.6 Million in Fundraise Led by Matrixport

OrBit Markets, an institutional liquidity provider in crypto options and structured products, has raised US$4.6 million in an angel funding round led by Matrixport, a digital assets financial services ecosystem. The oversubscribed round also witnessed participation from Brevan Howard Digital,

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Matrixport’s Cactus Custody Rolls Out Institutional Custody Service for NFTs

Matrixport, a digital assets financial services ecosystem, announced the launch of Warm and Cold custody services for Non-Fungible Tokens (NFTs) via its third-party institutional custody service, Cactus Custody™. This latest NFT asset management offering provides institutions the ability to safely

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Bitmain’s Spin-off Matrixport Valued Over US$1 Billion With US$129 Million Fundraise

Matrixport, a digital assets financial services platform that is a spin-off of Bitmain, has closed its US$129 million Series C funding round with a valuation of over US$1 billion two years since its inception. The Singapore-based startup has raised US$129

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