Matrixport was established in 2019 by Jihan Wu and Ge Yuesheng the prominent cryptocurrency mining equipment manufacturer.
Both of them were former executives at Bitmain, China’s largest cryptocurrency mining-chip company; it specializes in selling ASIC-chip miners.
The founders identified a need for a comprehensive platform that could cater to the diverse requirements of cryptocurrency users.
They secured $10M seed funding from Polychain Capital and Dragonfly Capital Partners, to develop Matrixport’s products and services.
Company’s initial focus was on creating a user-friendly trading platform allowing individuals to trade a wide range of cryptocurrencies.
Matrixport emphasized security, ease of use, and providing an array of trading tools and features enhancing trading experience.
After initial set up it expanded beyond trading and introduced additional services such as custody, lending and investment solutions.
Matrixport‘s custody service provided a secure way to store digital assets, to protect against theft or loss.
The lending service allowed to borrow and lend cryptocurrencies, unlocking new possibilities for traders and investors.
Matrixport’s investment service enabled individuals to invest in cryptocurrency funds and products diversifying portfolios.
We can attribute the success to founders’ vision of a one-stop platform for cryptocurrency needs, encompassing various services under-one-roof.
Matrixport‘s commitment to security, reliability, and user-friendly interfaces resonated with the cryptocurrency community & contributed to rapid growth and adoption.
Over time the company expanded its operations and established offices in key locations such as Singapore, Switzerland and China to cater to a global clientele.
Team dedication and expertise fueled to Matrixport‘s growth story which expanded to inclusion of 500 employees with diverse backgrounds and skills in the cryptocurrency industry.
The founders’ ability to adapt to market trends and user demands played a crucial role in shaping Matrixport’s success and ensuring its relevance in an ever-evolving industry.
Matrixport with the founders’ vision and team dedication is offering a comprehensive suite of cryptocurrency services to individuals and institutions alike.
Wth innovative offerings and significant contributions to the cryptocurrency ecosystem it is shaping the future of digital finance.