Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation

Matrixport , the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5 billion, even amid a broad downturn in venture funding and uncertainty around the industry following the fallout from FTX’s bankruptcy. Matrixport said on Thursday it is expecting a second tranche of the round, which…

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