Regulatory recognition in the British Virgin Islands, a new reference for Asia-Pacific institutions expanding overseas.

Matrixport Technologies Ltd under BIT has been approved by the British Virgin Islands FSC, obtaining a Class II SIBA license for investment business (arranged investment transactions), and has completed VASP registration under the VASP Act. According to the authorization, the company can carry out activities such as arranged investment transactions within the regulated investment business framework and operate regulated virtual asset services. BIT stated that this approval involved nearly three years of regulatory communication and preparation and is an important milestone in building a compliant global digital asset platform.