Skip to main content

Behind the US$24 Million BTC Transactions and Custody: How Matrixport Supports IBS’s Dual-Engine Strategy of Digital Assets and Computing Power

Recently, Matrixport, one of the world’s leading all-in-one digital asset financial services platforms, has provided fiat trading and custody services for Hong Kong-listed International Business Settlement Holdings Limited (stock code: 0147, “IBS”), assisting the company in completing the cumulative purchase of over US$24 million worth of Bitcoin (BTC) and placing the assets entirely under custody with Matrixport. Previously, IBS had completed approximately US$12 million BTC purchases and custody through Matrixport, and in its latest transaction, the company further acquired around HK$100 million (approximately US$12.8 million) worth of BTC, expanding its allocation in the digital asset sector.

At the same time, IBS has invested over US$10 million to expand its digital infrastructure, demonstrating its comprehensive expansion in the digital asset sector. This series of moves not only marks the accelerated entry of traditional listed companies into the digital asset sector but also highlights Matrixport’s strength in compliance, specialization, and one-stop services.

In its latest announcement, IBS clearly stated that the company will engage in cryptocurrency-related businesses through its joint venture, focusing on computing power infrastructure and digital asset investment. In parallel, IBS chose to allocate US$24 million in BTC through Matrixport’s OTC (over-the-counter) trading and custody services, forming a dual-engine model of ‘computing power + assets’. This not only demonstrates IBS’s long-term confidence in digital assets but also represents its recognition of Matrixport’s compliance capabilities and professional services.

As a Hong Kong-listed company, IBS is highly prudent in selecting its partners. When it comes to large-scale BTC transactions, compliance, fund security, and execution efficiency are the most critical factors. As Asia’s leading all-in-one digital asset financial services platform, Matrixport has long maintained an edge in compliant operations and institutional-grade services. After completing large BTC transactions via its OTC services, clients can directly access Matrixport’s custody system, achieving seamless integration between trading and asset management, enhancing both efficiency and operational safety.

IBS’s actions also send a signal: traditional listed companies are accelerating their entry into the digital asset market. Against this trend, one-stop crypto financial service platforms with fiat trading and custody capabilities, such as Matrixport, are becoming essential bridges. Looking ahead, IBS and Matrixport will continue to maintain long-term cooperation in areas such as OTC trading, custody, and broader institutional solutions, supporting the secure and compliant growth of the digital asset ecosystem.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  217.95
+0.00 (0.00%)
AAPL  258.45
+0.00 (0.00%)
AMD  230.23
+0.00 (0.00%)
BAC  51.10
+0.00 (0.00%)
GOOG  252.53
+0.00 (0.00%)
META  733.41
+0.00 (0.00%)
MSFT  520.54
+0.00 (0.00%)
NVDA  180.28
+0.00 (0.00%)
ORCL  272.66
+0.00 (0.00%)
TSLA  438.97
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.