⚠️ IMPORTANT UPDATE — Bit.com (Matrixport’s Exchange) shut down December 2025. Matrixport’s trading exchange Bit.com announced a phased shutdown on December 27, 2025, concluding March 31, 2026. If you had funds on Bit.com, withdraw immediately via their backup station system (open until March 31, 2026). Matrixport’s financial services (lending, structured products, custody) remain operational.
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Matrixport is a crypto financial services platform founded by Bitmain co-founder Jihan Wu — offering crypto lending, structured financial products, spot OTC trading, staking, and institutional custody via Cactus Custody. The platform’s trading exchange Bit.com completed its shutdown in March 2026. Matrixport’s wealth management and DeFi products remain active.
| 📊 Feature | Details |
|---|---|
| Exchange (Bit.com) | 🚫 Shut down March 31, 2026 (phased closure from Dec 27, 2025) |
| Matrixport Platform | ✅ Operational — lending, structured products, OTC, staking |
| Founded | Jihan Wu (Bitmain co-founder) |
| Services Active | Crypto lending, fixed income products, OTC spot, Cactus Custody |
| Yield Products | Structured products with up to 30% APY (high risk) |
| Target Users | Institutional and professional traders |
| 👉 Explore Matrixport — Crypto Lending & Structured Products → | |
Key Takeaways
- Bit.com exchange shut down in March 2026 following a phased wind-down that began December 27, 2025. Users were directed to withdraw via the backup station system by March 31, 2026. The exchange cited a “business restructuring plan” as the reason.
- Matrixport the platform remains operational — focusing on crypto financial services: lending, fixed income structured products, spot OTC trading, staking, and Cactus Custody for institutions.
- Matrixport’s structured products (up to 30% APY) are aimed at professional investors and carry significantly higher risk than standard savings accounts. Always read the product terms before investing.
- Matrixport was founded by Jihan Wu, one of Bitmain’s co-founders. Despite its credibility, it has been involved in high-profile disputes (including the Roger Ver/MEXC legal saga). Due diligence is always warranted.
⚡ Bottom Line: Matrixport’s Bit.com trading exchange is closed. The Matrixport financial platform (lending, structured products, custody) remains operational for institutional and professional users. For retail crypto trading, use Bybit, OKX, or Binance instead.
⚠️ Risk Disclaimer: Bit.com exchange is permanently closed. Matrixport’s structured products carry high risk and are not suitable for retail investors. This is not financial advice.
