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A partnership between Matrix and BitGo to boost crypto adoption in the UAE

A partnership between Matrix and BitGo to boost crypto adoption in the UAE

Global virtual asset trading platform Matrix announced Matrix, a collaborative partnership with BitGo Network BitGo, a leading provider of financial services for digital assets.

This partnership will allow Matrix to use BitGo technology that will allow it to access a wide range of services and increase the security of its hot and cold storage capabilities. This new development will take the Matrix network platform to a whole new level.

Matrix Abu Dhabi Global Market compatible platform

Represent the Matrix Matrix A fully compliant virtual asset platform with Abu Dhabi Global Market (ADGM).It is also one of the region's digital asset platforms, which is driving mass adoption of cryptocurrencies.

With this, we can say that the UAE is steadily catching up with Western countries in terms of participation in the virtual asset ecosystem.

On the other hand, BitGo is one of the networks that see the potential of the UAE region, in terms of crypto and blockchain assets blockchain.

Bitgo CEO Mike Belshey explained:

“We are constantly expanding into the Middle East, specifically in the UAE, where we believe the virtual asset market will be full of innovation.”

Mike added that BitGo supports Matrix in its goal of spreading mass adoption of digital assets in the region:

“We look forward to providing a first-class service to users, and by partnering with a premium trading platform such as Matrix, we are strengthening our foothold in the region.”

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