Matrixport, a leading all-in-one crypto financial services platform, announced its launch of the industry’s first structured financial product Daily Dual Currency (“Daily Dual-Ccy”). This product enhances the traditional dual-currency investment model by incorporating a “daily observation” mechanism, effectively responding to the market’s need for flexible yield optimization solutions.
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The Daily Dual-Ccy incorporates a daily observation mechanism to enhance yield-locking opportunities by tracking the daily price of the underlying assets. It caters to two core investor segments: those optimistic about long-term crypto asset holdings willing to accumulate during short-term corrections, and those expecting market downturns who wish to convert their assets to USDT for stable cash flow. The Daily Dual 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 specified 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. In addition to daily monitoring of the asset prices and multiple locking opportunities, the Dual-Ccy typically offers more competitive annualized returns than standard deposit or Fixed Income.
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Matrixport CEO John Ge stated, “Matrixport is committed to providing users with efficient and user-friendly crypto investment products, helping them seize more profit opportunities in the volatile crypto market. The launch of the Daily Dual-Ccy product further enriches our platform’s financial product offerings. By transforming market fluctuations into quantifiable investment opportunities through the daily observation mechanism, it serves as a professional vehicle for strategic implementation for institutional investors, while also creating a low-barrier entry point for retail investors into structured investments.”
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As a leading global cryptocurrency financial services platform, Matrixport is dedicated to offering secure, convenient, and comprehensive asset management solutions. The launch of the Daily Dual-Ccy not only diversifies Matrixport’s investment categories and meets varying user demands but also provides the industry with an innovative paradigm for structured investment, promoting a more inclusive ecosystem in crypto wealth management.
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Source: businesswire