Matrixport founded by Wu Jihan seeks US $ 40 million in financing, with a valuation of US $ 300 million after financing

Matrixport, a one-stop crypto financial platform in Singapore founded by Bitmain co-founder Wu Jihan, is seeking US $ 40 million in financing, with a valuation of US $ 300 million after the financing. A person familiar with the matter said Matrixport was seeking the latest round of funding from investors in recent weeks, but did not disclose the specific investor name. It is reported that Singapore-based Matrixport was launched in July 2019 and aims to be a one-stop platform for OTC transactions, lending and custody of digital assets, with a valuation of US $ 114 million in the last round of financing. The relationship between Matrixport and Bitmain is very close. Wu Jihan and Bitmain are both major shareholders of Matrixport.