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Matrixport was launched in 2019 and currently manages about $10 billion in assets. The platform offers a variety of financial services, including digital asset trading and lending, as well as structured products based on those assets.

Matrixport raised $100 million

Matrixport, which is a financial services platform, announced that it has completed a Series C investment round. DST Global, C Ventures, CE Innovation Capital, K3, Tiger Global, Polychain and Dragonfly participated in the round. The organization was able to raise…

China banned the use of bitcoin as payment | INFbusiness

China banned the use of bitcoin as payment

There is no ban on cryptocurrency, but Beijing is imposing new restrictions on services related to digital assets. Bitcoin reacted by declining to the People’s Bank of China’s announcement that the regulator is ruling out the use of digital assets,…