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Matrixport Partners With Resurgence To Boost Financial Literacy Amongst Gamers In Malaysia
By Lewis "lickety" Larcombe|August 15, 2022|0 Comment
Matrixport, one of the world’s largest digital assets financial services ecosystems, and leading Southeast Asian esports house, Resurgence (RSG), today announced a joint initiative to prepare the esports gaming community for a future where financial services networks will be powered by blockchain technologies and digital assets will become commonplace.
Dubbed “Digital Assets Academy”, the knowledge partnership is part of Matrixport’s one-year sponsorship of RSG and seeks to encourage digitally-native gamers to take ownership of their personal finance journey by learning more about crypto as an emerging asset class.
Cryptocurrency is rapidly gaining interest and popularity in Malaysia. The Securities Commission Malaysia (SC) announced that the overall trading value of digital assets was close to RM21 billion or US$4.7 billion in 2021 alone, with a 300% uptake in the total number of digital assets accounts registered.
While interest in digital assets has increased, a knowledge gap exists on how to be financially responsible. According to research by YouGov, 62% of Malaysians are keen on investing in crypto but don’t understand how best to do so. Educational initiatives are especially important as a majority of investors in cryptocurrencies are below the age of 35.
Kavi Saglani, Senior Vice President, Marketing of Matrixport said, “Positioning for success requires informed decision-making and practice. This is particularly relevant to honing skills in gaming and investing, especially in digital assets. We are excited to be able to partner with RSG to reach gamers and the gaming community as they embark on their personal journey in crypto and other digital asset classes. With RSG’s strong gaming community of over 40 million followers and network of 65 professional gamers, Matrixport hopes to establish itself in Malaysia as the preferred crypto asset management platform.”
“RSG is excited to partner with Matrixport, a global digital asset management platform. Through this initiative, we will engage our stakeholders consisting of RSG’s staff, players and our community to position them for the digital native future. We believe this initiative will help them to realise their full potential in the long term as gamers and individuals.”
– Jayf Soh, CEO of RSG
Matrixport hopes to leverage this opportunity to foster a generation of digitally savvy investors who are well informed of the opportunities and risks of investing. The programme will be launched in two phases, the first phase will be targeted at RSG’s staff and team players before transferring the knowledge to RSG’s fans and the gaming community through a series of in-person workshops, podcasts and the creation of responsible investing content to shared personal financial knowledge.
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