PANews reported on November 7 that financial services platform Matrixport announced that it has integrated the OTC services of Fly Wing Technologies Pte Ltd ("Fly Wing") into its APP to provide a one-stop crypto asset trading experience. All accounts certified by Matrixport must complete Fly Wing's eKYC process before using its OTC services.

Unlike traditional C2C services, Fly Wing's OTC service completes fund transfers with partner banks through bank transfers to ensure asset security and transaction transparency. This service combines compliance and convenience, aiming to lower the threshold for traditional financial investors to enter the crypto market. Currently, the OTC function only supports USD, USDT and USDC transactions.