Bloomberg: Matrixport plans to raise $100 million at a valuation of $1.5 billion, has secured a $50 million investment commitment

2022-11-25 11:21:02
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ChainCatcher news, according to Bloomberg, cryptocurrency financial services company Matrixport plans to raise $100 million at a valuation of $1.5 billion. Insiders say the company has secured a $50 million investment commitment from a major investor. This deal has not yet been "finalized," and Matrixport is still seeking other investors.

Previously reported, the BTC fixed income products (including BTC fixed income products and Smart Trend products linked to BTC fixed income products) under the digital asset financial services platform Matrixport, as well as the Victoria BTC fund products, were affected by the FTX incident, resulting in losses for a total of 79 clients. Matrixport's PR head Ross Gan stated that Matrixport will continue to operate normally and that the company is not at risk of bankruptcy. (source link)

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