We are pleased to announce that Fly Wing Technologies Pte Ltd ("Fly Wing”), a wholly owned subsidiary of Matrixport, has been granted the Major Payment Institution ("MPI”) License by the Monetary Authority of Singapore ("MAS”).

Having received its license from the MAS, Fly Wing is well-positioned to build a strong foundation for Fly Wing's long-term growth, driving continuous innovation in the digital finance sector, and strengthening its position as a trusted Over-the-Counter ("OTC") desk. Moving forward, Fly Wing will continue to offer innovative Digital Payment Token services securely and transparently and will continue to optimize blockchain-driven Digital Payment Token services, enabling seamless access for users entering the Web 3.0 industry.

The Matrixport Team

March 5, 2025

Disclaimer: The above content is for informational purposes and reference only. The content does not constitute investment advice. Digital asset transactions can be precarious and volatile. Investment decisions should be made after carefully considering individual circumstances and consulting financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this content.

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