BIT's subsidiary, Matrixport Technologies Ltd, has received BVI regulatory approval, obtained an SIBA investment business license, and VASP registration.

Digital asset financial services platform BIT announced that its subsidiary Matrixport Technologies Ltd has been approved by the British Virgin Islands Financial Services Commission (BVI FSC) to obtain a Type 2 investment business license (arranging investment transactions) under the Securities and Investment Business Act (SIBA) and has completed VASP registration under the Virtual Asset Service Providers Act (VASP Act).