Matrixport Launches Industry-First “Daily Double Currency” Product, Establishing a New Paradigm in Crypto Wealth Management
Matrixport, a leading all-in-one crypto financial services platform, today revealed its launch of the industry’s first structured financial product– Daily Dual Currency (“Daily Dual-Ccy”). The Daily Dual-Ccy incorporates a daily observation mechanism to boost yield-locking opportunities by tracking the daily price of the underlying assets. The Daily Double Currency product includes “Bullish Daily Dual-Currency (USDT)” and “Bearish Daily Dual-Currency (BTC/ETH)”: the former allows investors to acquire the underlying assets (BTC/ETH) and additional yields when prices drop to a defined level after investing in USDT (early settlement if a knock-in event occurs); the latter enables investors to convert BTC/ETH into USDT along with additional yields when prices hit a predetermined high.