BIT made its first appearance after the brand upgrade, hosting the "Trust in Digital Finance" industry event in Singapore

On March 27, 2026, BIT (formerly Matrixport) held the "Trust in Digital Finance" industry event in Singapore this week, inviting representatives from global financial institutions and the digital asset industry to discuss topics such as governance standards, compliance frameworks, and operational infrastructure in the process of institutionalization. This is BIT's first public event aimed at the industry since completing its brand upgrade.

Cynthia Wu, co-founder and Chief Business Officer of BIT, stated that the approval of the U.S. spot Bitcoin ETF in early 2024 is a key turning point for the industry towards institutionalization, further incorporating digital assets into the asset allocation vision of mainstream institutions. As institutional funds accelerate their entry, the market's demands for platforms and infrastructure have significantly increased, making custody structures, compliance systems, and operational transparency prerequisites rather than just added benefits.

Wendy Sun, Chief Brand Officer, mentioned that the transition from Matrixport to BIT reflects the group's strategic layout for the future of digital finance. BIT not only represents "Bridge Into Tomorrow," but also embodies the dual connotations of "Build on Integrity and Trust" and "Build It Together," conveying the group's vision of promoting the construction of digital financial infrastructure based on trust and in partnership with industry peers.

The event also featured an in-depth discussion on the "Trust White Paper" released by BIT last week. Daniel Lee, CEO of Cactus Custody, elaborated on the trust framework proposed in the white paper, covering risk governance, multi-jurisdictional compliance, custody security architecture, and independent audit mechanisms. Chief Compliance Officer Christopher Liu introduced the practical implementation of these frameworks in daily operations, including SOC audit reports and independent verification of ISO security standards.

About BIT

BIT (formerly Matrixport) was established in 2019 and is a global digital asset financial services group based on integrity. The group is headquartered in Singapore and has offices in seven countries and regions worldwide, connecting traditional finance and the digital asset market through a robust governance system, technological capabilities, and compliant operations.

BIT provides global institutions and professional investors with services covering trading, custody, asset management, liquidity, and financing solutions, and supports the on-chain introduction and application of real-world assets (RWA). Its entities hold relevant licenses and are regulated locally in Singapore, Hong Kong, Switzerland, the UK, the US, and Bhutan, including a Major Payment Institution license (MPI) in Singapore and a collective asset management license issued by FINMA in Switzerland.

Currently, the group manages assets exceeding $6 billion, with a monthly trading volume exceeding $7 billion, having paid a total of over $2 billion in interest to clients, and is valued at over $1 billion. It has been included in the "2024 Hurun Global Unicorn List" and the "2025 Singapore Fintech Unicorn List."