Matrixport Launches Dual Crypto Currency Wealth Product 

Matrixport, a crypto financial services platform, has launched its latest product, the Daily Dual Currency, which aims to boost the dual-currency investment model by embodying a “daily observation” mechanism, while adapting to the crypto market’s demand for “flexible” yield optimization solutions, Matrixport said. 

The product targets and caters to two components: individuals who have a positive outlook on long-term crypto asset holdings, who are “willing to accumulate during short-term corrections,” and those who are anticipating market downturns and are contemplating converting their assets to Tether for stable cash flow. 

The Daily Dual Currency product includes “Bullish Daily Dual-Currency (USDT)” and “Bearish Daily Dual-Currency (BTC/ETH).” 

“The launch of the Daily Dual-Ccy product further enriches our platform’s financial product offerings. By transforming market fluctuations into quantifiable investment opportunities through the daily observation mechanism, it serves as a professional vehicle for strategic implementation for institutional investors,” John Ge, CEO of Matrixport, said. “While also creating a low-barrier entry point for retail investors into structured investments.” 

Matrixport, launched in 2019, which initially started as a crypto asset management firm, then later transitioned into an “all-in-one” crypto platform for digital assets, has $6 billion in assets under management. 

In September, Matrixport acquired Crypto Finance Asset Management, a Swiss crypto asset manager, which was previously part of the Deutsche Börse Group-owned Crypto Finance Group.