PostsBIT makes its first appearance after the brand upgrade, hosting the "Trust in Digital Finance" industry event in Singapore.
Source: BIT
On March 27, 2026, BIT (formerly Matrixport) hosted 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-facing industry event 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 was a key turning point for the industry's move towards institutionalization, further bringing digital assets into the asset allocation view of mainstream institutions. As institutional capital accelerates its entry, market demands for platforms and infrastructure have significantly increased. Custody architecture, compliance systems, and operational transparency have shifted from being value-adds to entry requirements.
Chief Brand Officer Wendy Sun said that the transition from Matrixport to BIT reflects the group's strategic positioning for the future of digital finance. BIT not only stands for "Bridge Into Tomorrow" but also carries the dual meanings of "Build on Integrity and Trust" and "Build It Together," conveying the group's vision of working with industry partners to advance digital financial infrastructure based on trust.
The event also featured in-depth discussions around the "Trust Whitepaper" released by BIT last week. Cactus Custody CEO Daniel Lee elaborated on the trust framework proposed in the whitepaper, covering risk governance, multi-jurisdictional compliance, custody security architecture, and independent audit mechanisms. Chief Compliance Officer Christopher Liu then explained, from a practical perspective, how these frameworks are implemented in daily operations, including independent verification of SOC audit reports and ISO security standards.
About BIT
BIT (formerly Matrixport), founded in 2019, is a global digital asset financial services group built on integrity. Headquartered in Singapore, the group has offices in seven countries and regions worldwide, connecting traditional finance with the digital asset market through robust governance systems, 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 corresponding licenses and are regulated in Singapore, Hong Kong, Switzerland, the United Kingdom, the United States, and Bhutan, including Singapore's Major Payment Institution (MPI) license and the collective asset management license issued by Switzerland's FINMA.
Currently, the group manages over $6 billion in assets, with monthly trading volume exceeding $7 billion, having paid out a cumulative total of over $2 billion in interest to clients. With a valuation exceeding $1 billion, it has been listed on the "2024 Hurun Global Unicorn List" and the "2025 Singapore Fintech Unicorn List."
This article is a contributed piece and does not represent the views of BlockBeats.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
