BIT Official
BIT (formerly Matrixport) is a Singapore-based digital asset financial services firm that manages $7B in assets and facilitates $7B in monthly trading volume. It provides institutional clients with custody, trading, and tokenized asset services across Asia and Europe.
The growth story
BIT Official grew from 35 to 255 employees between 2019 and 2026, raising $138M along the way, most recently a Series C in January 2023.
About
BIT offers institutional-grade financial infrastructure for digital assets, including custody, trading, and tokenization of real-world assets. Its services target professional investors navigating between traditional finance and crypto markets.
The company has raised $138M, most recently in a 2023 Series C, and operates with 255 employees. Its $7B monthly trading volume indicates significant institutional activity despite crypto market volatility.
Founders and leadership
Legal is the largest function with 17 staff, reflecting the regulatory complexity of operating across Singapore, Hong Kong, Switzerland and the UK. The median tenure of 2 years suggests moderate turnover in a competitive crypto talent market.
The BIT Official org chart
CYNTHIA WU (Co-founder & Chief Commercial Officer) leads 58 mapped leaders with 32 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Finance 47 (+27% YoY), Engineering 31 (+3% YoY), Business Development 22 (-12% YoY), Human Resources 17 (+42% YoY), Sales 16 (+45% YoY), Legal 16 (+23% YoY).
Talent flow
BIT recruits heavily from crypto miners (BITMAIN) and exchanges (Binance, OKX), with traditional finance experience from DBS Bank. Alumni frequently move to other crypto platforms like OKX and Blockchain.com.
Most common previous employers of BIT Official staff: BITMAIN (10), Binance (8), OKX (7), DBS Bank (7), Shopee (5), ByteDance (5). Former BIT Official employees most often moved to OKX (5), OSL (3), Bitdeer (NASDAQ: BTDR) (3), Blockchain.com (3), OCBC (2), Sentora (2).
Alumni worth knowing
The BIT Official mafia
BIT alumni have founded 14 crypto ventures, including Sentora (56 staff) and EX.IO (52 staff), showing strong entrepreneurial spillover in digital asset infrastructure.
15Toby Norfolk-Thompson, was Chief Investment Officer US & UK until 2023Julia Moiseeva, was Head of Strategy, US & UK until 2023Toya Zhang, was Chief Marketing Officer until 2024Anthony DeMartino, was Advisor until 2024Harrison Zhao, was Tech VP until 2020
Chao-Yang Chan, was Operations & Business Development Manager until 2020
Alvin Hung, was Overseas Marketing Manager until 2021
Jamie W, was Director of Business Development until 2025
Jieliang Zhou, was Director of Operations until 2020
JIA (Caterina) LU, was Business Director until 2023Hiring now
Web traffic
Traffic mix: 68% direct, 17% search, 7% social, 0% paid.
What this company is made of
Most common skills at BIT Official: Microsoft Excel (56), Microsoft Office (54), Python (Programming Language) (46), Communication (42), Analytical Skills (40), Project Management (40), Data Analysis (38), English (30).
Where the team actually sits
BIT Official people are concentrated in Singapore (40), Singapore, Singapore (19), Hong Kong SAR (16), Hong Kong, Hong Kong SAR (14).
Search footprint
BIT Official attracts about 1,716 organic search visits a month, traffic worth roughly $4K a month if bought through ads. It gained 234 ranking keywords and lost 121 in the last period.
What employees say
- Compensation
- 4.00 / 5
- Career opportunities
- 4.00 / 5
- Senior management
- 2.00 / 5
- Work-life balance
- 4.00 / 5
Frequently asked
BIT Official has 255 employees as of September 2026.
BIT Official has raised $138M in total, most recently a Series C round in January 2023.
BIT Official was founded in 2019 by CYNTHIA WU.
CYNTHIA WU (Co-founder & Chief Commercial Officer) sits at the top of BIT Official's reporting structure, with 32 direct reports.
The most common previous employers of current BIT Official staff are BITMAIN (10 people), Binance (8 people), OKX (7 people).
Former BIT Official employees most often move to OKX (5), OSL (3), Bitdeer (NASDAQ: BTDR) (3).
At least 14 companies have a founder who previously worked at BIT Official, including Sentora, EX.IO, Firelight Protocol.
BIT Official attracts about 1,716 organic search visits a month, worth roughly $4K a month in equivalent ad spend.
The most common skills among BIT Official staff are Microsoft Excel, Microsoft Office, Python (Programming Language), Communication, Analytical Skills.
BIT Official staff are concentrated in Singapore (40), Singapore, Singapore (19), Hong Kong SAR (16).
BIT Official has about 47 people in Finance, up 27% over the past year, as of September 2026.
BIT Official has about 31 people in Engineering, up 3% over the past year, as of September 2026.
Computed from 133 current and 199 former BIT Official profiles, as of September 2026. Source: Crustdata.
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