Matrixport HK Withdraws Hong Kong Virtual-Asset Trading Platform License Application

Matrixport HK withdrew its Hong Kong virtual-asset trading platform license application on Oct. 12, 2026, more than two years after filing it with the city’s securities regulator.

The application was submitted Feb. 26, 2024. The withdrawal affects Matrixport HK’s proposed regulated trading-platform operation in Hong Kong.

Hong Kong’s virtual-asset trading commission income fell 13.5% in the first half of 2026 to HK$99.3 million from HK$114.8 million in the second half of 2025. The broader securities industry recorded higher earnings during the same period.

Hong Kong’s virtual-asset trading commission income fell 13.5% in the first half, while net profit across the broader securities industry rose 21% to HK$51.7 billion.

Separately, two Matrixport-linked wallets bought a combined 24,000 Ether (ETH) on Oct. 13. Each wallet added 12,000 ETH using 20x cross-margin leverage.