Draft:Bit.com

Submission declined on 7 May 2026 by Minna Sora no Shita (talk). This draft reads like an advertisement. Wikipedia is an encyclopedia, not a platform for promotion or marketing. Drafts that are exclusively promotional may be deleted without notice. Wikipedia articles must be written neutrally in a formal, impersonal, and dispassionate way. They should not read like a blog post, advertisement, or fan page. Rewrite the draft to remove: promotional language: see Words to watch; personal commentary: opinions or direct addresses to the reader; informal language. Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject. If you have a conflict of interest (e.g. you are the subject, an employee, or a relative) or are being paid to edit, you must disclose this to comply with Wikipedia's Terms of Use. This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that: provide significant coverage: discuss the subject in detail, excluding routine coverage like product launches, staff appointments, or financial reports and listings in databases or listicles; are reliable: from reputable outlets with editorial oversight; are independent: not connected to the subject, such as press releases, the subject's own website, or sponsored content. Please add references that meet all three of these criteria. If none exist, the subject is not yet suitable for Wikipedia. If you would like to continue working on the submission, click on the "Edit" tab at the top of the window. If you have not resolved the issues listed above, your draft will be declined again and potentially deleted. If you need extra help, please ask us a question at the AfC Help Desk or get live help from experienced editors. Please do not remove reviewer comments or this notice until the submission is accepted. Where to get help If you need help editing or submitting your draft, please ask us a question at the AfC Help Desk or get live help from experienced editors. These venues are only for help with editing and the submission process, not to get reviews. If you need feedback on your draft, or if the review is taking a lot of time, you can try asking for help on the talk page of a relevant WikiProject. Some WikiProjects are more active than others so a speedy reply is not guaranteed. How to improve a draft Wikipedia:Contributing to Wikipedia – a basic overview on how to edit Wikipedia. Help:Wikitext – how to use the markup Help:Referencing for beginners – how to include references Wikipedia:Article development – how to develop your article Wikipedia:Writing better articles – how to improve your article Wikipedia:Verifiability – make sure your article includes reliable third-party sources You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Add tags to your draft Editor resources Easy tools: Citation bot (help) | Advanced: Fix bare URLs Declined by Minna Sora no Shita 3 months ago. Last edited by Minna Sora no Shita 3 months ago. Reviewer: Inform author. Resubmit Please note that if the issues are not fixed, the draft will be declined again.

[[Category:AfC submissions by date/<0031Thu, 07 May 2026 23:29:00 +00002026511 2026-05-07T23:29:00+00:00Thursdaypm0000=error>EpThu, 07 May 2026 23:29:00 +0000UTC00002920265 UTCThu, 07 May 2026 23:29:00 +0000Thu, 07 May 2026 23:29:00 +00002026Thu, 07 May 2026 23:29:00 +0000: 17781965405Thu, 07 May 2026 23:29:00 +0000UTC2026-05-07T23:29:00+00:00202611529126UTC07 pu52026-05-07T23:29:00+00:0031upm312920265 2026-05-07T23:29:00+00:0011pmThu, 07 May 2026 23:29:00 +0000pm2026-05-07T23:29:00+00:0031UTCThu, 07 May 2026 23:29:00 +0000 &qu202631;:&qu202631;.</0031Thu, 07 May 2026 23:29:00 +00002026511>May 2026|Bit.com]]

BIT (formerly Bit.com, formerly Matrixport) is a global digital asset financial infrastructure and services group headquartered in Singapore. Originally founded as Matrixport in 2019, the firm later launched the Bit.com cryptocurrency exchange in 2020 before rebranding the entire group under the BIT name in March 2026.

Matrixport was founded in 2019 by Jihan Wu, co-founder of Bitmain Technologies, the world's largest manufacturer of ASIC Bitcoin mining hardware. Wu spun Matrixport off from Bitmain following resistance against Bitmain's planned initial public offering.^[1] The company is based in Singapore, in part to operate outside mainland China's cryptocurrency restrictions. Wu serves as chairman, while Ge Yuesheng (John Ge) serves as CEO.

In August 2021, Matrixport closed a Series C funding round of over US$100 million, led by DST Global, Tiger Global, C Ventures and K3 Ventures, achieving a valuation of US$1 billion and attaining unicorn status.^[2]

In August 2020, Matrixport launched Bit.com as a dedicated cryptocurrency exchange subsidiary, focused on derivatives trading including options and futures contracts.^[3] At launch, Bit.com rapidly became one of the top three most active platforms globally for cryptocurrency options trading.^[4]

USDT-margined futures were formally launched on March 15, 2022, available to users operating under the platform's Unified Margin Mode.^[5]

On March 20, 2026, Matrixport announced it was rebranding the entire group as BIT, with the name standing for "Bridge into Tomorrow."^[6] The company stated the rebrand reflected the maturation of digital asset markets and growing institutional demand for governance, transparency and operational discipline.

Alongside the rebrand, the firm published the BIT 2026 Trust Whitepaper, outlining its governance, risk management and compliance frameworks.^[7]

The rebrand did not affect existing client accounts, products or services, and all legal entities and contractual arrangements remained unchanged.^[8] The company also announced it is exploring potential U.S. capital market opportunities, including a possible public listing.

BIT offers a range of digital asset financial services, serving both institutional and professional investors globally:

• Spot and derivatives trading, including futures, options, and perpetual contracts
• Custody services
• Asset and wealth management
• Liquidity and financing solutions
• Tokenised real-world assets (RWA)

The exchange supports approximately 50 cryptocurrencies and offers USD-margined (USD-M), USDT-margined (USDT-M), and coin-margined (COIN-M) derivatives products. Trading is conducted via a web-based platform powered by TradingView and supported by mobile applications.^[9]

The platform supports institutional investors through block trading integrations with Paradigm and ACCX, as well as portfolio margin and unified margin account structures designed for professional traders, miners, prime brokers, and hedge funds.

BIT maintains a licensed and regulated presence across multiple jurisdictions, including Singapore, Hong Kong, Switzerland, the United Kingdom, the United States and Bhutan. Regulated entities include a Major Payment Institution licence in Singapore and a FINMA-licensed Manager of Collective Assets in Switzerland.^[10]

The firm has been recognised on the Hurun 2024 Global Unicorn Index and the 2025 Singapore FinTech Unicorn List.^[11]

Access to BIT's services is restricted in several jurisdictions, including the United States, Canada, China, Hong Kong, Japan, Singapore, Iran, Cuba, and several U.S. territories, among others.^[12]

• Valuation: over US$1 billion^[13]
• Assets under management: over US$6–7 billion
• Monthly trading volume: over US$7 billion
• Cumulative interest payments to clients: over US$2 billion
• Global offices: 7

• Jihan Wu
• Bitmain
• Matrixport
• Cryptocurrency exchange
• Digital asset
• Tokenized real-world asset

Category:Cryptocurrency exchanges Category:Companies established in 2019 Category:Financial services companies based in Singapore Category:Unicorn companies Category:Companies rebranded in 2026