BIT (formerly Matrixport)

Active#13 in Singapore

Estimated valuation · Digital-asset financial services · Singapore

Provides crypto financial services such as custody, structured products, lending and trading to institutional and professional investors through its platform and Cactus Custody.

Crypto›digital-asset financial services bit.com

Founded2019

HQSingapore

Last roundSeries C · Aug 2021

Country of originSingaporeListed in the Singapore ranking

Where would you invest?SingaporeJurisdiction as cited by the ranking

Estimated valuation

AI · Singapore ranking

≈ USD 520MUSD 340–770M · Hundreds of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series C · USD 100M · Aug 2021
Published valuation: USD 1bn · Aug 2021 · older than 24 months, shown for reference
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Singapore · all sectors	Top 50	#13	Edition 0 · October 2026	2 Nov 2026

Rank historyOct 2026 · #13First edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Aug 2021	Series C	USD 100M	Equity	DST Global, C Ventures, K3 Ventures

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of BIT (formerly Matrixport) as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $520MUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

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What the AI reads

Read by the AI at the next edition.

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Full Singapore ranking →

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.