PANews reported on May 13 that BIT (formerly Matrixport)'s US stock trading platform has surpassed $200 million in user assets under management (AUM) since its launch in February 2026. According to the platform's records for 12 consecutive weeks, 98% of the inflows came from stablecoin deposits (cardless deposits).

BIT has built a compliance path through licensed brokerage firms, eliminating the cumbersome process of opening a bank account and enabling users to open a US stock account in as little as 5 minutes and buy real US stocks on the same day.

Elio Cui, head of brokerage business at BIT, said, “AI has once again made US stocks the asset class with the strongest global wealth effect. Thanks to more than seven years of institutional service experience and compliance licenses, BIT has successfully bridged the gap between digital assets and traditional finance, helping investors quickly seize investment opportunities. Global asset allocation and fund management capabilities are becoming a basic skill for every investor. Those who lack this ability may be excluded from core asset opportunities.”