Wu Jihan's new company Matrix will launch business, which may involve exchange mining farm Tokenfund

Matrix, a new company of former Bitmain CEO Jihan Wu, is about to go online. Its main business is likely to include exchanges, mining farms and Tokenfund, involving coin issuance, investment, digital currency mortgage lending, etc.
According to LatePost, Bitmain's former CEO Jihan Wu's new company Matrix will be launched. Its main business is likely to include three major areas: exchanges, mining farms and Tokenfund, involving coin issuance, investment, digital currency mortgage lending, etc.
Matrix internal staff said that Matrix has entered the late stage of preparation. Matrix already has dozens of employees, some of whom are from Bitmain, including the Copernicus team that previously led the development of BCH technology. Matrix will be officially launched and announced in the near future.
In March 2019, Bitmain issued an internal letter announcing that Wang Haichao would serve as the CEO of Bitmain, and that Wu Jihan and Zhan Ketuan would step down as CEOs.
According to people close to Wu Jihan, Wu Jihan still visits Bitmain every two weeks. The new company Matrix is ​​likely to maintain a long-term cooperative relationship with Bitmain in the future, and many of its customers will also come from Bitmain.
Matrix, BitDeer and Bitmain have a close and delicate relationship. In early 2019, the mining machine sharing platform named "BitDeer" was launched and attracted attention. The industry generally believes that it belongs to Bitmain, but Bitmain only stated that the two have a deep cooperative relationship. This was an internal new business attempt before and after Wu Jihan left the CEO position, but the effect was not satisfactory. Matrix is ​​a new company he has been working hard to build after he officially left Bitmain.
Source: LatePost