Time
05:38
BIT's AUM surpasses $200 million in 100 days since its US stock listing.
May 13, 2026
CoinFeed News
Since its launch in February 2026, BIT (formerly Matrixport) has seen its US stock trading platform's user assets under management (AUM) exceed $200 million. According to the platform's records for 12 consecutive weeks, 98% of the inflows came from stablecoin deposits (cardless deposits). BIT has established a compliant path through a licensed brokerage, eliminating the cumbersome process of opening a bank account and allowing users to open a US stock account in as little as 5 minutes, enabling them to buy real US stocks on the same day.