Concern Makes Fast Return to Crypto Markets as Bitcoin Plunges Most in 2 Months

Crypto lending agency Matrixport is seeking to elevate $100 million at a $1.5 billion valuation. The Singapore-based agency led by Jihan Wu already has commitments for $50 million from lead buyers on the sky-high valuation, however continues to be in search of buyers for the remaining. The agency has $5 billion in buying and selling quantity each month, together with $10 billion in property beneath administration and custody.

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