BIT, the Singapore-based crypto financial services platform formerly known as Matrixport, announced that its US stock trading service has surpassed $200 million in assets under management (AUM) within just 100 days of its launch in February 2026. This milestone highlights the growing role of stablecoins as a bridge to traditional financial markets.
Stablecoins Drive 98% of Inflows
According to BIT's official data, 98% of fund inflows came from stablecoin deposits, bypassing the traditional bank card registration process. Users can open a US stock account in just 5 minutes and start trading on the same day. This streamlined onboarding significantly lowers the barriers set by conventional brokerages, particularly attracting crypto holders seeking exposure to US equities.
AI Revitalizes a Key Asset Class
Elio Cui, Head of BIT’s Brokerage Business, emphasized the role of artificial intelligence (AI) in revitalizing US stocks as a critical asset class. He noted that BIT successfully integrates digital assets with traditional finance, offering investors a fast and compliant gateway to global markets. “The ability to manage global assets and capital flows is becoming essential for investors to capitalize on core asset opportunities,” Cui said. BIT leverages AI-driven risk assessment and trading tools to help users allocate capital more efficiently.
Deepening Integration of Traditional Finance and Digital Assets
BIT’s predecessor, Matrixport, was a leading digital asset financial services provider in Asia, offering custody, lending, and structured products. The US stock service marks a strategic expansion into traditional finance. By accepting stablecoin deposits, BIT eliminates the time cost of fiat currency exchange and cross-border remittances, allowing users to trade US stocks directly with stablecoins. This model reflects an industry trend of tearing down walls between crypto and conventional markets. With the Trump administration reviewing crypto regulations to enhance traditional finance integration, and platforms like Bybit predicting tokenization and AI will transform global finance, BIT’s move could serve as a model for compliant innovation.