Matrixport Technologies Ltd, a subsidiary of digital asset platform BIT, has received regulatory approval from the British Virgin Islands Financial Services Commission (BVI FSC). The company obtained a Category II investment business license under the Securities and Investment Business Act (SIBA) and completed its registration as a Virtual Asset Service Provider (VASP).
With these approvals, Matrixport is authorized to conduct regulated investment business activities, including arranging investments in deals, and operate under the BVI VASP framework. This milestone follows nearly three years of regulatory communication and preparation, marking a significant step in BIT's efforts to establish a globally compliant digital asset platform.
Matrixport Secures BVI Regulatory Approval for Investment and VASP Licenses
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