[Matrixport Technologies Ltd, a subsidiary of BIT, receives BVI regulatory approval, obtains SIBA investment business license and VASP registration] Odaily Planet Daily News – On May 20, the digital asset financial services platform BIT announced that its subsidiary, Matrixport Technologies Ltd, has been approved by the British Virgin Islands Financial Services Commission (BVI FSC) to obtain a Category 2 investment business license (arranging investment deals) under the Securities and Investment Business Act (SIBA) and has completed registration under the Virtual Asset Service Providers Act (VASP Act). Under the approved scope, Matrixport Technologies Ltd is authorized to conduct regulated investment business activities involving the arrangement of investment transactions in accordance with BVI SIBA, supporting institutional and professional market operations as well as other financial service activities within the license scope. Simultaneously, it is permitted to carry out regulated virtual asset business under the BVI VASP framework. BIT stated that this approval marks a significant milestone in the company's nearly three-year journey of regulatory communication and preparation, as part of its efforts to build a globally compliant digital asset platform.